Public Debt in Armenia
Public debt in Armenia averaged 49.7% of GDP in the decade to 2022, above the Eastern Europe average of 32.5% of GDP. In 2022, Armenia's public debt was 46.7% of GDP. For more public debt information, visit our dedicated page.
Armenia Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Armenia from 2014 to 2023.
Source: Macrobond.
Armenia Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 50.1 | 63.5 | 60.2 | 46.7 | 48.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Armenian public debt projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Armenian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Armenian public debt projections.
Want to get access to the full dataset of Armenian public debt forecasts? Send an email to info@focus-economics.com.