Armenia Government Debt To GDP

Armenia recorded a Government Debt to GDP of 37.50 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Armenia is reported by the Central Bank of Armenia. From 2001 until 2012, Armenia Government Debt To GDP averaged 33.1 Percent reaching an all time high of 37.5 Percent in December of 2012 and a record low of 28.4 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Armenia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
37.50 35.10 37.50 28.40 40.06 | 2013/12 2001 - 2012 Percent Yearly

TO

Armenia Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value 13.72 2013-06-30 61.85 235.89 13.72 9.93 2013-12-31 AMD Billion [+]
Government Debt To GDP 37.50 2012-12-31 35.10 37.50 28.40 40.06 2013-12-31 Percent [+]
Government Budget -1.50 2012-12-31 -2.90 -0.70 -7.50 0.23 2013-12-31 Percent of GDP [+]
Credit Rating 42.50 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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The Social Security Rate For Employees in Armenia stands at 8 percent. Social Security Rate For Employees in Armenia is reported by the Ministry of Labor and Social Affairs.
Armenia Social Security Rate For Companies at 15.00 Percent  
The Social Security Rate For Companies in Armenia stands at 15 percent. Social Security Rate For Companies in Armenia is reported by the Ministry of Labor and Social Affairs.
Armenia Social Security Rate at 23.00 Percent  
The Social Security Rate in Armenia stands at 23 percent. Social Security Rate in Armenia is reported by the Ministry of Labor and Social Affairs.
Armenia Exports at 129.90 USD Million  
Exports in Armenia increased to 129.90 USD Million in March of 2014 from 121.20 USD Million in February of 2014. Exports in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Imports at 373.30 USD Million  
Imports in Armenia increased to 373.30 USD Million in March of 2014 from 306.30 USD Million in February of 2014. Imports in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Industrial Production at -0.30 Percent  
Industrial Production in Armenia decreased 0.30 percent in March of 2014 over the same month in the previous year. Industrial Production in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Balance of Trade at -243.40 USD Million  
Armenia recorded a trade deficit of 243.40 USD Million in March of 2014. Balance of Trade in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Retirement Age Men at 63.00  
Retirement Age Men in Armenia remained unchanged at 63 in 2014 from 63 in 2013. Retirement Age Men in Armenia is reported by the State Social Security Service.
Armenia Retirement Age Women at 62.50  
Retirement Age Women in Armenia remained unchanged at 62.50 in 2014 from 62.50 in 2013. Retirement Age Women in Armenia is reported by the State Social Security Service.
Armenia Gold Reserves at 0.00 Tonnes  
Gold Reserves in Armenia remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Armenia is reported by the World Gold Council.
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