Armenia Government Debt to GDP

Armenia recorded a government debt equivalent to 48.49 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Armenia averaged 36.28 percent from 1997 until 2018, reaching an all time high of 48.49 percent in 2018 and a record low of 13.56 percent in 2008.

Government Debt to GDP in Armenia is expected to be 48.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Debt to GDP is projected to trend around 48.40 percent in 2020, according to our econometric models.

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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	40421.80	-92428.60	40421.80	-176100.10	AMD Billion	[+]
Government Revenues	330933.10	411253.20	411253.20	54380.30	AMD Billion	[+]
Government Debt	3364.80	3340.70	3364.80	491.00	AMD Billion	[+]
Fiscal Expenditure	290511.30	503681.80	538397.40	58587.20	AMD Million	[+]
Government Spending	139153.30	241058.20	263855.40	15855.90	AMD Million	[+]
Credit Rating	42.50					[+]
Military Expenditure	591.00	444.00	591.00	49.80	USD 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 July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.49	48.29	48.49	13.56	1997 - 2018	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%