Central government debt, total in Armenia
Armenia: Central government debt, total was 4.88 trillion current LCU in 2024. ▲ Rising
Central government debt, total in Armenia, 2019–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, central government debt, total in Armenia stood at 4.88 trillion current LCU. That is the highest value across all 6 years on record.
That represents a change of up 7.0% on the previous year and up 49.1% over ten years.
That places Armenia 23rd out of 83 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.27 trillion current LCU | 3.27 trillion current LCU | 3.27 trillion current LCU | 1 |
| 2020s | 4.30 trillion current LCU | 3.92 trillion current LCU | 4.88 trillion current LCU | 5 |
Countries ranked near Armenia
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.4% (2024)
- Taxes on income, profits and capital gains 39.6% (2024)
- Taxes on goods and services 48.2% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 8.4% (2024)
- Interest payments 12.7% (2023)
- Other taxes 0.7% (2024)
Frequently asked questions
- What is central government debt, total in Armenia?
- Central government debt, total in Armenia was 4.88 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Armenia?
- The highest recorded value was 4.88 trillion current LCU in 2024.
- What is the lowest central government debt, total recorded in Armenia?
- The lowest recorded value was 3.27 trillion current LCU in 2019.
- How does Armenia rank for central government debt, total?
- Armenia ranks 23rd out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Armenia?
- Over the last ten years it is up 49.1%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.