Armenia vs Serbia: External debt stocks

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

External debt stocks over time

  • Armenia
  • Serbia
050100150199320082024

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 7 times across 28 shared years of data; in 1997 it was Serbia ahead.

Armenia ranks 33rd and Serbia ranks 36th of 122 countries.

Across the 4 decades both report, Armenia averaged higher in 2 and Serbia in 2.

Head to head by decade

Decade Armenia Serbia Difference Ahead
1990s 43.9% 47.8% 3.9% Serbia
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 stocks, Armenia or Serbia?
Armenia, at 66.0% against 62.2% in Serbia as of 2024.
What is the difference in external debt stocks between Armenia and Serbia?
3.8%, with Armenia ahead.
How many years of comparable data are there for Armenia and Serbia?
28 years are reported by both, from 1997 to 2024.
How do Armenia and Serbia rank globally for external debt stocks?
Armenia ranks 33rd and Serbia ranks 36th of 122 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as External debt stocks (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Serbia: External debt stocks. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/external-debt-stocks-percent-of-gni/armenia/serbia/

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About this data

Indicator
External debt stocks (% of GNI)
Unit
% of GNI
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,178 data points, 1970–2024
Last refreshed

Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.