
National debt of Caucasus countries in relation to gross domestic product (GDP) 2027
The statistic shows the national debt of countries in the Caucasus region in relation to gross domestic product (GDP) from 2017 to 2021, with projections up until 2027. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. In 2021, the national debt of Armenia amounted to 60.29 percent of the country's gross domestic product.