Contact Contacts
Government debt — all countries

Government debt — Armenia

Government debt in Armenia in 2031 — 46.7%. Ranked 83 in the world out of 184. Since 1996, the indicator has risen by 5.9 pp.

2031 46.7% −2.1 pp vs 2030
World rank 83of 184
Period maximum 67.4%2020
Period minimum 16.1%2007

Trend over time

1996–2031 · % of GDP

Government debt — Armenia, 1996–203102040608019962000200420082012201620202024202820311996: 40.8%1997: 46.5%1998: 45.2%1999: 39.2%2000: 39.6%2001: 38.1%2002: 38.2%2003: 33%2004: 26.4%2005: 24.4%2006: 18.7%2007: 16.1%2008: 16.4%2009: 40.6%2010: 40%2011: 42.2%2012: 41.4%2013: 40.9%2014: 43.7%2015: 48.7%2016: 56.7%2017: 58.9%2018: 55.7%2019: 53.7%2020: 67.4%2021: 63.4%2022: 49.2%2023: 50.5%2024: 50%2025: 49%2026: 50.6%2027: 51.2%2028: 51.4%2029: 50.4%2030: 48.8%2031: 46.7%
Change over the period: +5.9 pp Annual average: 0.17 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 46.7%
World computed 102.5%
Europe & Central Asia computed 76.9%
Western Asia computed 41.9%
Upper-middle-income countries computed 101.6%
Government debt — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2031 46.7 −2.1 pp
2030 48.8 −1.6 pp
2029 50.4 −1 pp
2028 51.4 +0.2 pp
2027 51.2 +0.6 pp
2026 50.6 +1.6 pp
2025 49 −1 pp
2024 50 −0.5 pp
2023 50.5 +1.3 pp
2022 49.2 −14.2 pp
2021 63.4 −4 pp
2020 67.4 +13.7 pp
2019 53.7 −2 pp
2018 55.7 −3.2 pp
2017 58.9 +2.2 pp
2016 56.7 +8 pp
2015 48.7 +5 pp
2014 43.7 +2.8 pp
2013 40.9 −0.5 pp
2012 41.4 −0.8 pp
2011 42.2 +2.2 pp
2010 40 −0.6 pp
2009 40.6 +24.2 pp
2008 16.4 +0.3 pp
2007 16.1 −2.6 pp
2006 18.7 −5.7 pp
2005 24.4 −2 pp
2004 26.4 −6.6 pp
2003 33 −5.2 pp
2002 38.2 +0.1 pp
2001 38.1 −1.5 pp
2000 39.6 +0.4 pp
1999 39.2 −6 pp
1998 45.2 −1.3 pp
1997 46.5 +5.7 pp
1996 40.8 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

AZ Azerbaijan 20.2 AE United Arab Emirates 26 TR Türkiye 27.5 OM Oman 29.1 CY Cyprus 32.1 GE Georgia 33 QA Qatar 35.5 KW Kuwait 37.8 SA Saudi Arabia 42.2 AM Armenia 46.7 IQ Iraq 70.6 IL Israel 73.2 JO Jordan 75.7 BH Bahrain 161.2
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Armenia

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Armenia by year Public Finance External debt

How much a country as a whole owes abroad — government, banks and companies together.

Armenia by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Armenia by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Armenia by year
All indicators for Armenia