Armenia recorded a Government Debt to GDP of 60.25 percent of the country's Gross Domestic Product in 2021. source: Central Bank of Armenia
Government Debt to GDP in Armenia averaged 38.46 percent of GDP from 1997 until 2021, reaching an all time high of 63.48 percent of GDP in 2020 and a record low of 14.25 percent of GDP in 2007. This page provides - Armenia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government External Debt to GDP - values, historical data and charts - was last updated on March of 2023.
Government Debt to GDP in Armenia is expected to reach 52.90 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government External Debt to GDP is projected to trend around 53.00 percent of GDP in 2024 and 52.90 percent of GDP in 2025, according to our econometric models.