Armenia Government Debt to GDP  1997-2017 | Data | Chart | Calendar

Armenia recorded a government debt equivalent to 42.23 percent of the country's Gross Domestic Product in 2015. Government Debt to GDP in Armenia averaged 34.44 percent from 1997 until 2015, reaching an all time high of 46.19 percent in 1999 and a record low of 13.56 percent in 2008.

Armenia Government Debt to GDP
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Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.23 37.51 46.19 13.56 percent [+]
Government Budget -5.60 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -19739.90 -14000.80 28457.50 -136834.90 AMD Billion [+]
Government Revenues 319456.80 278590.80 325283.70 54380.30 AMD Billion [+]
Government Debt 2945.90 2897.30 2945.90 491.00 AMD Billion [+]
Fiscal Expenditure 339196.70 292591.60 462118.60 58587.20 AMD Million [+]
Government Spending 190305.10 143600.50 197450.00 15855.90 AMD Million [+]
Credit Rating 42.50 [+]
Military Expenditure 422.90 447.40 447.40 50.60 USD Million [+]


Armenia Government Debt to GDP

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
42.23 37.51 46.19 13.56 1997 - 2015 percent Yearly




government debt to GDP by Country
Country Last
Japan 250.40 Dec/16
Italy 132.60 Dec/16
United States 106.10 Dec/16
Spain 99.40 Dec/16
France 96.00 Dec/16
Canada 92.30 Dec/16
United Kingdom 89.30 Dec/16
Euro Area 89.20 Dec/16
India 69.50 Dec/16
Brazil 69.49 Dec/16
Germany 68.30 Dec/16
Netherlands 62.30 Dec/16
Mexico 47.90 Dec/16
China 46.20 Dec/16
Australia 41.10 Dec/16
South Korea 38.60 Dec/16
Switzerland 32.60 Dec/16
Turkey 28.30 Dec/16
Indonesia 27.90 Dec/16
Russia 17.00 Dec/16