Equivalent to 201 Falcon 9 rocket launches if you prefer space exploration.
DebtClock.io
National Debt of Armenia
5,310,983,540,994 ֏
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
52.44%
Latest year: 2024
Debt (nominal)
5,310,983,540,994 ֏
AMD / USD toggle below
GDP (nominal)
10,127,154,321,823 ֏
Latest year: 2024
Population
2,963,234
Latest year: 2024
Interest per Year
159,329,506,230 ֏
≈ 5,049 ֏ / second
Debt per Citizen
1,792,293 ֏
Based on latest pop
Inflation (CPI, %)
0.27%
Year: 2024
GDP growth (%, real)
5.90%
Year: 2024
Unemployment (%)
13.33%
Year: 2024
Budget balance (% GDP)
-1.90%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Armenia Economy Snapshot
The economy of Armenia shows steady performance, with a nominal GDP of 10.1 trillion ֏ and average income of about 3,417,602 ֏ per person. Low inflation at 0.27%, while the economy posted robust growth of 5.90%. High unemployment around 13.33%, and the government runs a substantial 1.90% fiscal deficit. The current exchange rate is 0.00 USD/AMD.
| GDP (nominal) | 10,127,154,321,823 ֏ |
|---|---|
| GDP per capita | 3,417,602 ֏ |
| Inflation | 0.27% |
| GDP growth | 5.90% |
| Unemployment | 13.33% |
| Budget balance | -1.90% |
| FX (USD/AMD) | 0.00 |
Armenia Economy Facts
Stacked $100 bills would reach 15 km high - halfway to the Moon.
Enough to purchase 127 Boeing 737 jets - a decent-sized airline fleet.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Dominican Republic | 51.30% | $ 124.3B |
 Mongolia | 51.72% | $ 23.6B |
| Armenia | 52.44% | $ 25.8B |
 Netherlands | 52.59% | $ 1,227.5B |
 North Macedonia | 52.65% | $ 16.7B |