Armenia Government Debt: % of GDP
Key information about Armenia Government Debt: % of GDP
- Armenia Government debt accounted for 48.9 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 48.5 % in the previous quarter.
- Armenia government debt to GDP ratio data is updated quarterly, available from Dec 2013 to Sep 2024.
- The data reached an all-time high of 74.0 % in Mar 2021 and a record low of 38.5 % in Sep 2014.
CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance of the Republic of Armenia provides Government Debt in local currency. The National Statistical Service of the Republic of Armenia provides Nominal GDP in local currency. Government Debt covers Central Government and Central Bank Debt.
Related information about Armenia Government Debt: % of GDP
- In the latest reports, Armenia National Government Debt reached 12.5 USD bn in Sep 2024.
- The country's Nominal GDP reached 4.6 USD bn in Mar 2023.
View Armenia's Government Debt: % of GDP from Dec 2013 to Sep 2024 in the chart:
What was Armenia's Government Debt: % of GDP in Sep 2024?
Armenia Government debt accounted for 48.9 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 48.5 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
48.9 Sep 2024 | 48.5 Jun 2024 | 38.5 Sep 2014 | 74.0 Mar 2021 | % | quarterly | Dec 2013 - Sep 2024 |
Government Debt: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 52.6 Sep 2024 | quarterly | Sep 2010 - Sep 2024 |
Algeria (%) | 48.9 2023 | yearly | 1997 - 2023 |
Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Armenia (%) | 48.9 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Australia (%) | 38.0 2023 | yearly | 1999 - 2023 |
Austria (%) | 83.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
Bahrain (%) | 90.7 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Bangladesh (%) | 26.4 2024 | yearly | 2010 - 2024 |
Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
Belgium (%) | 106.5 Mar 2024 | quarterly | Dec 1980 - Mar 2024 |
Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
Bosnia and Herzegovina (%) | 19.1 2023 | yearly | 2007 - 2023 |
Botswana (%) | 17.3 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
Brazil (%) | 76.1 Dec 2024 | quarterly | Dec 2006 - Dec 2024 |
Bulgaria (%) | 22.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Cambodia (%) | 25.3 2022 | yearly | 2013 - 2022 |
Canada (%) | 69.4 2024 | yearly | 1962 - 2024 |
Chile (%) | 44.0 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
China (%) | 25.1 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
Colombia (%) | 62.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
Croatia (%) | 59.7 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Cyprus (%) | 69.7 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Czech Republic (%) | 43.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Denmark (%) | 33.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Ecuador (%) | 67.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
Estonia (%) | 24.0 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
European Union (%) | 81.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Finland (%) | 81.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Georgia (%) | 37.2 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Germany (%) | 62.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Ghana (%) | 72.3 2023 | yearly | 2006 - 2023 |
Greece (%) | 158.2 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Hong Kong SAR, China (%) | 49.1 2024 | yearly | 2003 - 2024 |
Hungary (%) | 76.0 Sep 2024 | quarterly | Dec 1990 - Sep 2024 |
Iceland (%) | 64.2 2023 | yearly | 1998 - 2023 |
India (%) | 58.3 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
Indonesia (%) | 38.9 Sep 2024 | quarterly | Jun 2015 - Sep 2024 |
Iran (%) | 7.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
Ireland (%) | 42.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
Italy (%) | 138.3 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
Japan (%) | 217.4 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
Jordan (%) | 91.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Kazakhstan (%) | 21.7 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Kenya (%) | 67.6 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
South Korea (%) | 45.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
Kuwait (%) | 0.3 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
Kyrgyzstan (%) | 41.7 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Latvia (%) | 46.4 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 38.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Luxembourg (%) | 26.6 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
North Macedonia (%) | 50.4 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
Malaysia (%) | 65.0 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Malta (%) | 45.3 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Mauritius (%) | 77.0 Dec 2024 | quarterly | Jun 2003 - Dec 2024 |
Mexico (%) | 47.7 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Moldova (%) | 34.7 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
Montenegro (%) | 59.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Morocco (%) | 71.5 2022 | yearly | 1994 - 2022 |
Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
Netherlands (%) | 43.2 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
New Zealand (%) | 44.3 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
Nigeria (%) | 53.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Norway (%) | 44.5 2023 | yearly | 1995 - 2023 |
Oman (%) | 37.5 2023 | yearly | 1990 - 2023 |
Pakistan (%) | 65.2 2024 | yearly | 2000 - 2024 |
Palestinian Territory (%) | 116.8 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
Panama (%) | 61.6 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
Paraguay (%) | 36.6 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
Peru (%) | 32.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Philippines (%) | 60.7 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
Poland (%) | 52.3 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Portugal (%) | 95.3 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
Romania (%) | 53.1 Sep 2024 | quarterly | Dec 2011 - Sep 2024 |
Russia (%) | 14.6 Mar 2024 | quarterly | Dec 2011 - Mar 2024 |
Saudi Arabia (%) | 28.5 Sep 2024 | quarterly | Dec 2016 - Sep 2024 |
Serbia (%) | 47.4 Sep 2024 | quarterly | Sep 2004 - Sep 2024 |
Singapore (%) | 173.0 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Slovakia (%) | 60.5 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Slovenia (%) | 66.9 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
South Africa (%) | 75.1 Sep 2024 | quarterly | Dec 1960 - Sep 2024 |
Spain (%) | 104.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Sri Lanka (%) | 96.9 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
Sweden (%) | 32.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Switzerland (%) | 23.3 2028 | yearly | 1990 - 2028 |
Taiwan (%) | 29.0 2023 | yearly | 1996 - 2023 |
Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
Thailand (%) | 55.9 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
Tunisia (%) | 83.0 2023 | yearly | 2016 - 2023 |
Turkey (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
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Learn more about what we doArmenia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.1 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -53.326 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
Tax Revenue (USD mn) | 443.836 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
National Government Debt (USD mn) | 12,842.2 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
Government Debt: % of GDP (%) | 48.9 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Forecast: Government Expenditure (AMD bn) | 4,374.501 2029 | yearly | 2005 - 2029 |
Forecast: Government Net Debt (AMD bn) | 8,523.699 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (AMD bn) | 3,906.567 2029 | yearly | 1993 - 2029 |
Consolidated Government Budget: Revenue and Grants (AMD mn) | 641,708.600 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Consolidated Government Budget: Balance (AMD mn) | -80,425.000 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 128,877.800 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 2,125,442.500 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Expenditure: ytd (AMD mn) | 2,501,114.100 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Balance: ytd (AMD mn) | -232,229.900 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 676,402.900 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Revenue and Official Transfers: ytd (AMD mn) | 2,268,884.200 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: Deficit Financing: ytd (AMD mn) | 232,229.900 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: ytd: RT: Revenue: Tax, Government Duties & Compulsory Social Insur... (AMD mn) | 2,149,207.900 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 391,485.600 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
State Budget: ytd: RT: Revenue (AMD mn) | 2,248,262.500 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
Central Government Debt: Short Term (AMD bn) | 120.104 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: Mid Term (AMD bn) | 841.425 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt: Long Term (AMD bn) | 3,678.511 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Central Government Debt (AMD bn) | 5,092.719 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
Central Government Debt: External (AMD bn) | 2,559.458 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
Central Government Debt: Domestic (AMD bn) | 2,533.260 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
Central Government Debt: % Nominal GDP (%) | 46.700 2022 | yearly | 1999 - 2022 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
Trade Balance (USD mn) | -374.1 Dec 2024 | monthly | Nov 1995 - Dec 2024 |
Total Exports (USD mn) | 757.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Exports Growth (%) | -48.2 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Aluminum: Exports (USD th) | 104,497.100 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 18,917.932 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 16,026.864 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 1,131.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Imports Growth (%) | -17.1 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Imports: Medicament (USD th) | 168,753.777 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 60,930.346 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 3.908 Nov 2024 | monthly | Jun 1996 - Nov 2024 |
Total Imports from USA (USD mn) | 20.544 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Total Exports to China (USD mn) | 59.716 Nov 2024 | monthly | Dec 1998 - Nov 2024 |
Total Imports from China (USD mn) | 235.232 Nov 2024 | monthly | Jun 1998 - Nov 2024 |
Trade Balance: ytd (USD mn) | -3,974.600 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
Exports: ow Bulgaria (USD mn) | 1.050 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Exports: ow China (USD mn) | 59.716 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Exports: ow Iran (USD mn) | 8.941 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Exports: ow Russian Federation (USD mn) | 355.015 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Exports: ow United States (USD mn) | 3.908 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
Imports: ow Iran (USD mn) | 59.535 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Imports: ow Russian Federation (USD mn) | 365.814 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Imports: ow United States (USD mn) | 20.544 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.2 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Household Debt: % of GDP (%) | 28.4 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Non-Performing Loans (USD mn) | 504.878 Oct 2024 | monthly | Dec 2008 - Oct 2024 |
Money Supply M1 (USD mn) | 5,455.567 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Money Supply M2 (USD mn) | 9,669.826 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
M2 Growth (%) | 16.9 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
Foreign Exchange Reserves (USD mn) | 3,666.0 Dec 2024 | monthly | Dec 1993 - Dec 2024 |
Foreign Exchange Reserves: % of GDP (%) | 14.245 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Gold Reserves (USD mn) | 0.000 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
Total Deposits (USD mn) | 16,300.076 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Deposits Growth (%) | 13.9 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Domestic Credit (USD mn) | 19,547.4 Nov 2024 | monthly | Dec 1993 - Nov 2024 |
Domestic Credit Growth (%) | 20.8 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Household Debt (USD mn) | 7,868.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Loans (USD mn) | 16,129.582 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Total Loans Growth (%) | 24.19 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 53.77 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Money Supply: sa: M2 (AMD mn) | 3,748,218.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Money Supply: M2X: M2 (AMD mn) | 4,058,649.544 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Money Supply: M2X: M2: M1 (AMD mn) | 2,373,744.416 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Money Supply: sa: M1 (AMD mn) | 2,114,687.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Monetary Base: sa (AMD mn) | 1,756,053.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 838,595.083 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
Money Supply: M2X (AMD mn) | 5,890,936.154 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
International Reserves: USD (USD mn) | 3,668.139 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
International Reserves: USD: Gold (USD mn) | 0.000 Dec 2024 | monthly | Sep 2003 - Dec 2024 |
Commercial Banks Credit: Residents: Enterprise (AMD mn) | 2,674,282.670 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Commercial Banks Credit (AMD mn) | 6,396,346.999 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Commercial Banks Credit: Residents: Households (AMD mn) | 3,120,303.293 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
More Indicators for Armenia
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