Armenia recorded a Government Debt to GDP of 62.79 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Armenia
Government Debt to GDP in Armenia averaged 37.51 percent of GDP from 1997 until 2020, reaching an all time high of 62.79 percent of GDP in 2020 and a record low of 14.25 percent of GDP in 2007. This page provides - Armenia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government External Debt to GDP - values, historical data and charts - was last updated on June of 2022.
Government Debt to GDP in Armenia is expected to reach 63.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government External Debt to GDP is projected to trend around 65.00 percent of GDP in 2023 and 67.20 percent of GDP in 2024, according to our econometric models.