Armenia recorded a Government Debt to GDP of 50.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Armenia averaged 39.61 percent of GDP from 1997 until 2024, reaching an all time high of 63.47 percent of GDP in 2020 and a record low of 14.25 percent of GDP in 2007. source: Central Bank of Armenia
Government Debt to GDP in Armenia is expected to reach 50.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government External Debt to GDP is projected to trend around 49.50 percent of GDP in 2026 and 48.50 percent of GDP in 2027, according to our econometric models.