Government Debt in Armenia increased to 3646.90 AMD Billion in the first quarter of 2020 from 3509.60 AMD Billion in the fourth quarter of 2019.

Government Debt in Armenia averaged 1582.17 AMD Billion from 2002 until 2020, reaching an all time high of 3646.90 AMD Billion in the first quarter of 2020 and a record low of 491 AMD Billion in the second quarter of 2007. This page provides - Armenia Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Central Government Gross Debt - values, historical data and charts - was last updated on July of 2020.

Government Debt in Armenia is expected to be 4100.00 AMD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Armenia to stand at 4370.00 in 12 months time. In the long-term, the Armenia Central Government Gross Debt is projected to trend around 4370.00 AMD Billion in 2021, according to our econometric models.

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Armenia Central Government Gross Debt

Actual Previous Highest Lowest Dates Unit Frequency
3646.90 3509.60 3646.90 491.00 2002 - 2020 AMD Billion Quarterly
Current Prices, NSA

Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.49 48.29 48.49 13.56 percent [+]
Government Budget -1.80 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value 46331.30 -161239.60 93147.40 -176100.10 AMD Billion [+]
Government Revenues 381928.70 427758.70 448757.10 54380.30 AMD Billion [+]
Government Debt 3646.90 3509.60 3646.90 491.00 AMD Billion [+]
Fiscal Expenditure 335597.40 588998.30 588998.30 58587.20 AMD Million [+]
Credit Rating 16.00 [+]
Military Expenditure 591.00 444.00 591.00 49.80 USD Million [+]
Government Spending 159313.30 299123.10 299123.10 15855.90 AMD Million [+]