Armenia Government Debt to GDP

Armenia recorded a government debt equivalent to 45.50 percent of the country's Gross Domestic Product in 2016. Government Debt to GDP in Armenia averaged 34.61 percent from 1997 until 2016, reaching an all time high of 46.19 percent in 1999 and a record low of 13.50 percent in 2008.

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Armenia Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	45.50	41.00	46.19	13.50	percent	[+]
Government Budget	-5.60	-4.80	-0.70	-7.50	percent of GDP	[+]
Government Budget Value	24004.50	-18993.20	28457.50	-176100.10	AMD Billion	[+]
Government Revenues	358778.10	266176.50	362297.30	54380.30	AMD Billion	[+]
Government Debt	3224.80	3297.80	3297.80	491.00	AMD Billion	[+]
Fiscal Expenditure	334773.60	285169.70	538397.40	58587.20	AMD Million	[+]
Military Expenditure	437.45	431.40	439.35	49.66	USD Million	[+]
Credit Rating	42.50					[+]
Government Spending	171668.80	138139.10	261802.20	15855.90	AMD Million	[+]

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Armenia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	45.50	41.00	46.19	13.50	1997 - 2016	percent	Yearly

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Country	Last		Previous	Highest	Lowest
Japan	253.00	Dec/17	250	253	50.6	%	Yearly
Italy	131.80	Dec/17	132	132	90.5	%	Yearly
Singapore	110.60	Dec/17	112	112	67.4	%	Yearly
United States	105.40	Dec/17	106	119	31.7	%	Yearly
Spain	98.30	Dec/17	99	100	16.6	%	Yearly
France	97.00	Dec/17	96.6	97	20.7	%	Yearly
Canada	89.60	Dec/17	92.4	101	45.1	%	Yearly
Euro Area	86.70	Dec/17	89	91.9	64.9	%	Yearly
United Kingdom	85.30	Dec/17	82.6	85.3	21.7	%	Yearly
Brazil	74.04	Dec/17	69.95	74.04	51.27	%	Yearly
India	68.70	Dec/17	69.6	84.2	66	%	Yearly
Germany	64.10	Dec/17	68.2	81	54.7	%	Yearly
Argentina	57.10	Dec/17	53.3	167	34.5	%	Yearly
Netherlands	56.70	Dec/17	61.8	73.5	42.7	%	Yearly
South Africa	53.10	Dec/17	51.6	53.1	27.8	%	Yearly
China	47.60	Dec/17	44.3	47.6	20.4	%	Yearly
Mexico	46.40	Dec/17	48.2	48.2	17.1	%	Yearly
Australia	41.90	Dec/17	41	41.9	9.7	%	Yearly
South Korea	38.00	Dec/17	38.3	38.3	8.24	%	Yearly
Switzerland	29.70	Dec/17	29.1	48.9	25.1	%	Yearly
Indonesia	28.70	Dec/17	27.9	87.43	22.96	%	Yearly
Turkey	28.30	Dec/17	28.3	76.1	27.6	%	Yearly
Saudi Arabia	17.20	Dec/17	13.1	104	1.6	%	Yearly
Russia	12.60	Dec/17	12.9	92.1	7.4	%	Yearly