Facts
- Government gross debt, % of GDP
- 46.9 % (2025)
- Fiscal balance, % of GDP
- -3.7 % (2025)
- GDP, current prices
- $29.3 bn (2025)
- Current account, % of GDP
- -8.7 % (2025)
- Debt level
- 30–60% of GDP
- Change in debt ratio, last 10 years
- +1.4 pp
- Central government debt, % of GDP (World Bank)
- 47.9 % (2024)
- ISO code
- ARM
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $29.3 bn |
| 2024 | $26.1 bn |
| 2023 | $24.2 bn |
| 2022 | $19.5 bn |
| 2021 | $13.9 bn |
| 2020 | $12.6 bn |
| 2019 | $13.6 bn |
| 2018 | $12.5 bn |
| 2017 | $11.5 bn |
| 2016 | $10.5 bn |
| 2015 | $10.6 bn |
| 2014 | $11.6 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -8.7 % |
| 2024 | -6.2 % |
| 2023 | -3.5 % |
| 2022 | -0.4 % |
| 2021 | -3.4 % |
| 2020 | -4.0 % |
| 2019 | -7.1 % |
| 2018 | -7.2 % |
| 2017 | -1.3 % |
| 2016 | -1.0 % |
| 2015 | -2.7 % |
| 2014 | -7.8 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 46.9 % |
| 2024 | 48.0 % |
| 2023 | 48.5 % |
| 2022 | 47.1 % |
| 2021 | 60.9 % |
| 2020 | 64.5 % |
| 2019 | 51.0 % |
| 2018 | 52.4 % |
| 2017 | 55.1 % |
| 2016 | 53.3 % |
| 2015 | 45.5 % |
| 2014 | 40.8 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -3.7 % |
| 2024 | -3.7 % |
| 2023 | -2.0 % |
| 2022 | -2.1 % |
| 2021 | -4.6 % |
| 2020 | -5.4 % |
| 2019 | -1.0 % |
| 2018 | -1.8 % |
| 2017 | -4.7 % |
| 2016 | -5.6 % |
| 2015 | -4.8 % |
| 2014 | -1.9 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2024 | 47.9 |
| 2023 | 48.1 |
| 2022 | 46.6 |
| 2021 | 60.1 |
| 2020 | 63.4 |
| 2019 | 50.0 |