Government Debt in Armenia increased to 3352.70 AMD Billion in the third quarter of 2019 from 3300.20 AMD Billion in the second quarter of 2019. Government Debt in Armenia averaged 1525.95 AMD Billion from 2002 until 2019, reaching an all time high of 3364.80 AMD Billion in the first quarter of 2019 and a record low of 491 AMD Billion in the second quarter of 2007.

Government Debt in Armenia is expected to be 4100.00 AMD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Debt in Armenia to stand at 4100.00 in 12 months time. In the long-term, the Armenia Central Government Gross Debt is projected to trend around 4370.00 AMD Billion in 2020, according to our econometric models.

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Armenia Central Government Gross Debt

Actual Previous Highest Lowest Dates Unit Frequency
3352.70 3300.20 3364.80 491.00 2002 - 2019 AMD Billion Quarterly
Current Prices, NSA

Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.49 48.29 48.49 13.56 percent [+]
Government Budget -1.80 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -24704.10 93147.40 93147.40 -176100.10 AMD Billion [+]
Government Revenues 401109.00 448757.10 448757.10 54380.30 AMD Billion [+]
Government Debt 3352.70 3300.20 3364.80 491.00 AMD Billion [+]
Fiscal Expenditure 425813.10 355609.70 538397.40 58587.20 AMD Million [+]
Government Spending 201203.20 176345.50 263855.40 15855.90 AMD Million [+]
Credit Rating 14.00 [+]
Military Expenditure 591.00 444.00 591.00 49.80 USD Million [+]