Government Debt / Armenia
Armenia Government Debt
Armenia government debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 47.88%.
COUNTRY: Armenia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-10-13 04:45:06
GM ECONOMY RATING
Armenia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
62 / 100
Moderate stability
Fiscal stability
11.0 / 25
Macroeconomic stability
14.0 / 20
External stability
6.2 / 15
Financial robustness
11.0 / 15
Structural stability
13.0 / 15
Future capacity
7.0 / 10
Demographic capacity
2.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Armenia · government debt data as percent of GDP.
Latest
47.88%
Previous
48.06%
Range avg.
52.67%
Rank
38
Countries by government debt
full rankingGM ECONOMY
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Countries, indicators and comparisons
CountryArmenia
IndicatorGovernment Debt
47.88%2024 · Rank 38
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Armenia recorded 47.88% for Government Debt in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 0.17 percentage points, from 48.06% to 47.88%.
The latest observation is below the average of the last 6 available observations (52.67%).
Across the five latest available observations (2020–2024), the pattern is predominantly downward.
Within the last 6 available observations, the low was 46.55% in 2022 and the high was 63.40% in 2020.
Comparison
Related indicators
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS
Interest PaymentsGC.XPN.INTP.RV.ZS