Armenia’s foreign debt grows to about $3.8 billion

YEREVAN, December 4. / ARKA /. Armenia’s state foreign debt increased by 4.8 percent ($172.6 million) from the beginning of the year to more than $ 3.740.8 billion as of late September, according to numbers released today by National Statistical Service (ArmStat).

It said 84 percent of that amount or $3.146.1 billion were owed by the government. The government debt was said to have increased in the first nine months by 6.6 percent. The Central Bank accounted for 15.9% or $ 594.7 million of the debt, down 3.7% from December 30, 2011. Some 70.3% of foreign debt or $2.630.8 billion were owed to international financial institutions (up 6.3% when compared to December 30, 2011).

Specifically, the debt to World Bank amounted to $1.457.3 billion, or 39.1% of the total external debt (up 9%). The debt to the IMF amounted to $ 789.6 million (or 21.1% of the total debt), by 4.6 percent down from the beginning of the year.

Armenia’s debt to the Asian Development Bank stood at $184.1 million at the end of September 2012, up from $165.3 million on December 30, 2011.

Armenian government owed also $68.2 million to the International Fund for Agricultural Development (IFAD), up from $66.3 million as of December 30, 2011 and $27.5 million to OPEC Fund, down 2.9 percent from December 30, 2011.

Armenia also owes $500 million to Russia (29.7 percent of the total debt; unchanged compared to December 30, 2011) and $397.2 million to Japan, down 0.8% from the beginning of the year.

Armenia’s debt to Germany stood at $173.7 million, up 12.1%; the debt to the U.S. fell by 6.1% to $29.2 million, and the debt to France dropped from $4 million to $ 3.9 million ($ 1 – 405. 92 drams). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad almost doubled in 9 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, exceeded $2 billion in January-September 2026, compared to $1.02 billion in January-September 2025, according to a report from the Central Bank of the Republic.

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

LATEST NEWS

spot_imgspot_imgspot_img