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.
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
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.4% (2024)
- Taxes on income, profits and capital gains 39.6% (2024)
- Taxes on goods and services 48.2% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 8.4% (2024)
- Interest payments 12.7% (2023)
- Other taxes 0.7% (2024)
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.