Gross debt, General government, Percent of GDP (Gross Percent GDP) in Armenia
Armenia: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 53.08 in 2030. ▲ Rising
Gross debt, General government, Percent of GDP in Armenia, 1997–2030
Source: International Monetary Fund.
Analysis
Armenia recorded 53.08 for gross debt, general government, percent of gdp in 2030.
Compared with earlier readings it is down 1.6% on the previous year and down 21.1% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Armenia peaked at 67.27 in 2020 and was at its lowest, 16.1, in 2007.
Armenia ranks 92nd of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 46.51 | — |
| 1998 | 45.2 | -2.8% |
| 1999 | 39.2 | -13.3% |
| 2000 | 39.6 | +1.0% |
| 2001 | 38.06 | -3.9% |
| 2002 | 38.25 | +0.5% |
| 2003 | 33.02 | -13.7% |
| 2004 | 26.45 | -19.9% |
| 2005 | 24.4 | -7.7% |
| 2006 | 18.72 | -23.3% |
| 2007 | 16.1 | -14.0% |
| 2008 | 16.14 | +0.3% |
| 2009 | 40.16 | +148.8% |
| 2010 | 39.67 | -1.2% |
| 2011 | 42.01 | +5.9% |
| 2012 | 41.23 | -1.9% |
| 2013 | 41.6 | +0.9% |
| 2014 | 43.63 | +4.9% |
| 2015 | 48.28 | +10.6% |
| 2016 | 56.48 | +17.0% |
| 2017 | 58.09 | +2.9% |
| 2018 | 56.07 | -3.5% |
| 2019 | 54.15 | -3.4% |
| 2020 | 67.27 | +24.2% |
| 2021 | 63.65 | -5.4% |
| 2022 | 49.28 | -22.6% |
| 2023 | 50.45 | +2.4% |
| 2024 | 49.96 | -1.0% |
| 2025 | 53.44 | +7.0% |
| 2026 | 54.09 | +1.2% |
| 2027 | 53.74 | -0.6% |
| 2028 | 53.93 | +0.4% |
| 2029 | 53.94 | +0.0% |
| 2030 | 53.08 | -1.6% |
Armenia compared with similar countries
- Armenia's 53.08 is below the median for upper middle income countries, which is 56.49, 94% of the median. (56 countries reporting)
- Armenia's 53.08 is above the median for Europe & Central Asia, which is 47.87, 1.1× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Gross debt, General government, Percent of GDP (Gross Percent GDP) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +148.8% | 16.14 | 40.16 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.64 | 39.2 | 46.51 | 3 |
| 2000s | 29.09 | 16.1 | 40.16 | 10 |
| 2010s | 48.12 | 39.67 | 58.09 | 10 |
| 2020s | 54.98 | 49.28 | 67.27 | 10 |
| 2030s | 53.08 | 53.08 | 53.08 | 1 |
Countries ranked near Armenia
More external debt data for Armenia
- Net financial flows, IBRD -13.82 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita 53.9 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0063 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -187.56 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -22.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -2,363 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 370.73 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 6.99 billion DOD, current US$ (2025)
- External debt stocks, long-term 13.53 billion DOD, current US$ (2025)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Armenia?
- Gross debt, general government, percent of gdp in Armenia was 53.08 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Armenia?
- The highest recorded value was 67.27 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Armenia?
- The lowest recorded value was 16.1 in 2007.
- How does Armenia rank for gross debt, general government, percent of gdp?
- Armenia ranks 92nd out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Armenia?
- Over the last ten years it is down 21.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October