Interest payments in Armenia
Armenia: Interest payments was 313.58 billion current LCU in 2024. ◆ Volatile
Interest payments in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Armenia stood at 313.58 billion current LCU. That is the highest value across all 21 years on record.
That represents a change of up 23.7% on the previous year and up 408.7% over ten years.
Over the whole period, interest payments in Armenia peaked at 313.58 billion current LCU in 2024 and was at its lowest, 9.02 billion current LCU, in 2006.
That places Armenia 36th out of 155 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 9.83 billion current LCU | — |
| 2005 | 9.93 billion current LCU | +1.0% |
| 2006 | 9.02 billion current LCU | -9.1% |
| 2007 | 9.96 billion current LCU | +10.3% |
| 2008 | 11.05 billion current LCU | +11.0% |
| 2009 | 16.28 billion current LCU | +47.3% |
| 2010 | 30.44 billion current LCU | +86.9% |
| 2011 | 35.53 billion current LCU | +16.7% |
| 2012 | 40.67 billion current LCU | +14.5% |
| 2013 | 46.75 billion current LCU | +14.9% |
| 2014 | 61.64 billion current LCU | +31.9% |
| 2015 | 74.08 billion current LCU | +20.2% |
| 2016 | 98.28 billion current LCU | +32.7% |
| 2017 | 122.11 billion current LCU | +24.3% |
| 2018 | 139.01 billion current LCU | +13.8% |
| 2019 | 157.55 billion current LCU | +13.3% |
| 2020 | 164.77 billion current LCU | +4.6% |
| 2021 | 180.84 billion current LCU | +9.8% |
| 2022 | 198.31 billion current LCU | +9.7% |
| 2023 | 253.41 billion current LCU | +27.8% |
| 2024 | 313.58 billion current LCU | +23.7% |
Armenia compared with similar countries
- Armenia's 313.58 billion current LCU is above the median for upper middle income countries, which is 34.20 billion current LCU, 9.2× the median. (48 countries reporting)
- Armenia's 313.58 billion current LCU is above the median for Europe & Central Asia, which is 9.50 billion current LCU, 33.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Interest payments in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +86.9% | 16.28 billion current LCU | 30.44 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.01 billion current LCU | 9.02 billion current LCU | 16.28 billion current LCU | 6 |
| 2010s | 80.61 billion current LCU | 30.44 billion current LCU | 157.55 billion current LCU | 10 |
| 2020s | 222.18 billion current LCU | 164.77 billion current LCU | 313.58 billion current LCU | 5 |
Countries ranked near Armenia
- 33 Madagascar 555.08 billion current LCU compare
- 34 Cambodia 473.14 billion current LCU compare
- 35 South Africa 393.43 billion current LCU compare
- 37 Gabon 308.52 billion current LCU compare
- 38 Burkina Faso 305.62 billion current LCU compare
- 39 Ukraine 304.01 billion current LCU compare
More public sector data for Armenia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Armenia?
- Interest payments in Armenia was 313.58 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Armenia?
- The highest recorded value was 313.58 billion current LCU in 2024.
- What is the lowest interest payments recorded in Armenia?
- The lowest recorded value was 9.02 billion current LCU in 2006.
- How does Armenia rank for interest payments?
- Armenia ranks 36th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Armenia?
- Over the last ten years it is up 408.7%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.