{"id":269956,"date":"2026-01-21T12:19:38","date_gmt":"2026-01-21T08:19:38","guid":{"rendered":"https:\/\/armbanks.am\/?p=269956"},"modified":"2026-01-21T12:19:41","modified_gmt":"2026-01-21T08:19:41","slug":"armenias-public-debt-will-be-close-to-48-7-of-gdp-by-the-end-of-2025-hovhannisyan","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/01\/21\/269956\/","title":{"rendered":"Armenia&#8217;s public debt will be close to 48.7% of GDP by the end of 2025 \u2013 Hovhannisyan"},"content":{"rendered":"\n<p><strong>YEREVAN, January 21. \/ARKA\/.<\/strong> Armenia&#8217;s public debt-to-GDP ratio will be close to 48.7% by the end of 2025, stated Finance Minister Vahe Hovhannisyan.<\/p>\n\n\n\n<p>&#8220;The state budget deficit in 2025 will be approximately 1 percentage point lower than projected. The planned deficit was 5.5%. This will have a beneficial effect on the debt. If we planned for government debt to exceed 50% by the end of 2025, it will be close to 48.7%. At the end of 2024, the government debt was 48%,&#8221; he said at a final press conference on Wednesday.<\/p>\n\n\n\n<p>The minister explained that positive developments in the international and Armenian markets allow us to expect a reduction in the level of public debt servicing compared to the figures set in the 2026 budget.<\/p>\n\n\n\n<p>&#8220;While in 2024 we issued 10-year treasury bonds at a rate of 9.6%, at the first auction in 2026, this rate was 8.09%. This is due to increased dram liquidity in Armenian banks and the interest in Armenia from international institutional investors,&#8221; Hovhannisyan said.<\/p>\n\n\n\n<p>According to him, these investors are participating in auctions held in Armenia, positively impacting rates.<\/p>\n\n\n\n<p>&#8220;Currently, the share of foreign investors in our bonds has exceeded 7%, while previously it was below 1%,&#8221; Hovhannisyan said. <\/p>\n\n\n\n<p>According to the Ministry of Finance, the total public debt of Armenia as of December 31, 2025 amounted to $14,531.3 million, compared to $12,842.2 million as of December 31, 2024. In the structure of the public debt, $7,036.6 million is external debt (the figure at the end of December 2024 was $6,454.2 million), and domestic debt &#8211; $7,494.7 million ($6,388.1 million as of December 31, 2024).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s public debt-to-GDP ratio will be close to 48.7% by the end of 2025, stated Finance Minister Vahe Hovhannisyan.<\/p>\n","protected":false},"author":5,"featured_media":269948,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[17169],"class_list":{"0":"post-269956","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-finnace"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/269956","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=269956"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/269956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/269948"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=269956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=269956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=269956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}