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Armenia - General government gross debt as a share of GDP

53.5 (%) in 2017

In 2017, government gross debt as a share of GDP for Armenia was 53.5 %. Though Armenia government gross debt as a share of GDP fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 53.5 % in 2017.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Armenia government gross debt as a share of GDP?

Date Value Change, %
2017 53.5 3.20 %
2016 51.9 17.53 %
2015 44.1 12.27 %
2014 39.3 8.45 %
2013 36.2 1.81 %
2012 35.6 -0.27 %
2011 35.7 5.78 %
2010 33.7 -1.16 %
2009 34.1 133.31 %
2008 14.6 2.68 %
2007 14.2 -11.95 %
2006 16.2