Government Debt in Armenia increased to 3245.60 AMD Billion in the third quarter of 2018 from 3224.80 AMD Billion in the second quarter of 2018. Government Debt in Armenia averaged 1417.67 AMD Billion from 2002 until 2018, reaching an all time high of 3297.80 AMD Billion in the first quarter of 2018 and a record low of 491 AMD Billion in the second quarter of 2007.
Government Debt in Armenia is expected to be 3540.00 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 3760.00 in 12 months time. In the long-term, the Armenia Central Government Gross Debt is projected to trend around 4370.00 AMD Billion in 2020, according to our econometric models.