In 2016 Armenia public debt was 4,942 million euros 5,471 million dollars, has increased 746815 million since 2015.
This amount means that the debt in 2016 reached 51.73% of Armenia GDP, a 7.6 percentage point rise from 2015, when it was 44.13% of GDP.
If we check the tables we can see the evolution of Armenia debt. It has risen since 2006 in global debt terms, when it was 823 million euros 1,033 million dollars and also in terms of GDP percentage, when it amounted to 16.18%.
According to the last data point published, Armenia per capita debt in 2016 was 1,655 euros1,832 dollars per inhabitant. In 2015 it was 1,399 euros 1,553 dollars, afterwards rising by 256 euros279 dollars, and if we again check 2006 we can see that then the debt per person was 255 euros321 dollars .
The position of Armenia, as compared with the rest of the world, has worsened in 2016 in terms of GDP percentage. Currently it is country number 99 in the list of debt to GDP and 81 in debt per capita, out of the 185 we publish.