Armenia vs Serbia: External debt as a share of gross national income

Armenia
66.0%
in 2024
Serbia
62.2%
in 2024
Armenia rank
33rd
Serbia rank
36th

External debt as a share of gross national income over time

  • Armenia
  • Serbia
50100150200020122024

How they compare

Armenia currently reports 66.0% against 62.2% in Serbia, a difference of 3.8%.

That makes Armenia's figure about 1.1 times Serbia's.

The two have swapped places 5 times across 25 shared years of data; in 2000 it was Serbia ahead.

Armenia ranks 33rd and Serbia ranks 36th of 121 countries.

Across the 3 decades both report, Armenia averaged higher in 2 and Serbia in 1.

Head to head by decade

Decade Armenia Serbia Difference Ahead
2000s 49.8% 73.8% 24.0% Serbia
2010s 77.7% 70.5% 7.2% Armenia
2020s 85.3% 67.1% 18.2% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external debt as a share of gross national income, Armenia or Serbia?
Armenia, at 66.0% against 62.2% in Serbia as of 2024.
What is the difference in external debt as a share of gross national income between Armenia and Serbia?
3.8%, with Armenia ahead.
How many years of comparable data are there for Armenia and Serbia?
25 years are reported by both, from 2000 to 2024.
How do Armenia and Serbia rank globally for external debt as a share of gross national income?
Armenia ranks 33rd and Serbia ranks 36th of 121 countries.
Where does this data come from?
World Bank – processed by Our World in Data, published as External debt as a share of gross national income. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Serbia: External debt as a share of gross national income. Statizoid, drawing on World Bank – processed by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/external-debt-as-a-share-of-gni/armenia/serbia/

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About this data

Indicator
External debt as a share of gross national income
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
121 places, 2,923 data points, 2000–2024
Last refreshed

External debt stocks as a proportion of GNI (%).