Public Debt in Armenia
Armenia - Public DebtThe 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
|Public Debt (% of GDP)||44.1||51.9||53.7||51.3||50.0|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance of the Republic of Armenia
|Stock Market||0.1||0.0 %||Jan 07|
Get a sample report showing our regional, country and commodities data and analysis.
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.