YEREVAN, March 19. \/ARKA\/. Armenia’s public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.<\/p>\n\n\n\n
“This figure is approximately $12.8 billion. However, the ratio of public debt to Armenia’s GDP decreased by 0.1 percentage points, to 48.3%,” Hovhannisyan said during a meeting of the parliamentary committee on economic affairs.<\/p>\n\n\n\n
He also noted that in 2024, the tax-to-GDP ratio stood at 23.6%.<\/p>\n\n\n\n
“Over the past seven years, the tax-to-GDP ratio has improved by 2.8 percentage points, rising to 23.6% from the previous 20.8%,” Hovhannisyan added.<\/p>\n\n\n\n
According to Armstat, Armenia’s total public debt as of December 31, 2024, was $12.8 billion. External debt accounts for $6.45 billion, while internal debt stands at $6.39 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenia’s public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.<\/p>\n","protected":false},"author":5,"featured_media":262184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[12713,15497],"class_list":{"0":"post-262282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-state-debt","10":"tag-15497"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/262282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=262282"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/262282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/262184"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=262282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=262282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=262282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}