Interest payments in Armenia
Armenia: Interest payments was 12.6% in 2024. ◆ Volatile
Interest payments in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Armenia recorded 12.6% for interest payments in 2024. That is the highest value across all 21 years on record.
The figure is up 13.4% on the previous year and up 146.6% over ten years.
Over the whole period, interest payments in Armenia peaked at 12.6% in 2024 and was at its lowest, 1.3%, in 2008.
Armenia ranks 42nd of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Armenia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 2.7% | — |
| 2005 | 2.2% | -18.7% |
| 2006 | 1.7% | -24.7% |
| 2007 | 1.4% | -14.5% |
| 2008 | 1.3% | -6.7% |
| 2009 | 2.3% | +69.5% |
| 2010 | 3.7% | +65.7% |
| 2011 | 3.9% | +3.2% |
| 2012 | 4.1% | +7.0% |
| 2013 | 4.3% | +4.2% |
| 2014 | 5.1% | +19.0% |
| 2015 | 6.2% | +21.1% |
| 2016 | 8.2% | +33.3% |
| 2017 | 9.6% | +16.6% |
| 2018 | 10.2% | +6.0% |
| 2019 | 10.0% | -2.1% |
| 2020 | 10.6% | +6.8% |
| 2021 | 10.9% | +2.8% |
| 2022 | 9.9% | -9.9% |
| 2023 | 11.1% | +12.7% |
| 2024 | 12.6% | +13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 1.3% | 2.7% | 6 |
| 2010s | 6.5% | 3.7% | 10.2% | 10 |
| 2020s | 11.0% | 9.9% | 12.6% | 5 |
Countries ranked near Armenia
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 21.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 467.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0546 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.92 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.42 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 248.23 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Armenia?
- Interest payments in Armenia was 12.6% 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 12.6% in 2024.
- What is the lowest interest payments recorded in Armenia?
- The lowest recorded value was 1.3% in 2008.
- How does Armenia rank for interest payments?
- Armenia ranks 42nd out of 155 countries with data for 2024.
- Is interest payments rising or falling in Armenia?
- Over the last ten years it is up 146.6%. 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.