Public Debt in Armenia

Armenia Public Debt | Economic News & Forecasts

Armenia - Public Debt

The economy appears to have deteriorated markedly in the second quarter, after growth nearly halved in the first quarter amid plunging investment and a sharp slowdown in household spending spurred by fallout from Covid-19. Economic activity again contracted notably in May as industrial output and construction activity continued to tumble, despite the government largely reopening the economy at the start of the month. Moreover, exports plunged in the month as the global economy continued to reel from the health crisis. In the political arena, the government stated at the end of June that it would not backtrack on reopening the economy or reinstate a lockdown, despite a sharp jump in new cases and total deaths from the coronavirus.

Armenia - Public Debt Data

2015   2016   2017   2018   2019  
Public Debt (% of GDP)44.1  51.9  53.7  51.3  50.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Note: Public debt as % of GDP.
Source: Ministry of Finance of the Republic of Armenia

Armenia Facts

Value Change Date
Stock Market0.10.0 %Jan 07

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form