Government Debt in Armenia increased to 3923.90 AMD Billion in the fourth quarter of 2020 from 3826.10 AMD Billion in the third quarter of 2020. source: Ministry of Finance of the Republic of Armenia

Government Debt in Armenia averaged 1670.64 AMD Billion from 2002 until 2020, reaching an all time high of 3923.90 AMD Billion in the fourth 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 March of 2021.

Government Debt in Armenia is expected to be 4370.00 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 2022, according to our econometric models.

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Armenia Central Government Gross Debt

Actual Previous Highest Lowest Dates Unit Frequency
3923.90 3826.10 3923.90 491.00 2002 - 2020 AMD Billion Quarterly
Current Prices, NSA

Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.60 48.49 48.49 13.56 percent [+]
Government Budget -1.00 -1.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -175749.00 -102989.50 93147.40 -176100.10 AMD Billion [+]
Government Revenues 502229.30 370633.10 502229.30 54380.30 AMD Billion [+]
Government Debt 3923.90 3826.10 3923.90 491.00 AMD Billion [+]
Fiscal Expenditure 677978.30 473622.60 677978.30 58587.20 AMD Million [+]
Credit Rating 16.00 [+]
Military Expenditure 591.00 444.00 591.00 49.80 USD Million [+]
Government Spending 371885.20 248173.50 371885.20 15855.90 AMD Million [+]
Government Spending To Gdp 16.00 24.80 28.60 16.00 percent of GDP [+]