Armenia Government Debt to GDP  Forecast


Government Debt to GDP in Armenia is expected to be 45.00 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 31.00 percent in 2020, according to our econometric models.


Armenia Government Debt to GDP
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Armenia Government Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Government Debt to GDP 42.23 45 45 37 37 31
Government Budget -4.8 -3.92 -4.1 -4.01 -3.81 -1.9
Government Budget Value -19740 -48062 -113063 -18257 -25058 -84921
Government Revenues 319457 315106 325478 289314 323077 322442
Government Debt 2946 3005 3063 3121 3179 3703
Fiscal Expenditure 339197 354606 351173 351938 351767 351798
Military Expenditure 423 422 411 415 419 419
Credit Rating 42.5
Government Spending 143600 169356 170068 169960 169976 169974