External debt stocks as a proportion of GNI in Armenia
Armenia: External debt stocks as a proportion of GNI was 66.0% in 2024. ▲ Rising
External debt stocks as a proportion of GNI in Armenia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for external debt stocks as a proportion of gni in Armenia is 66.0%, measured in 2024.
The figure is down 2.4% on the previous year and down 6.4% over ten years.
Over the whole period, external debt stocks as a proportion of gni in Armenia peaked at 105.0% in 2020 and was at its lowest, 29.2%, in 2008.
That places Armenia 34th out of 129 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
External debt stocks as a proportion of GNI in Armenia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 51.7% | — |
| 2001 | 64.6% | +25.1% |
| 2002 | 69.9% | +8.2% |
| 2003 | 68.8% | -1.6% |
| 2004 | 56.6% | -17.8% |
| 2005 | 38.6% | -31.8% |
| 2006 | 32.0% | -17.1% |
| 2007 | 31.8% | -0.7% |
| 2008 | 29.2% | -7.9% |
| 2009 | 54.8% | +87.4% |
| 2010 | 64.9% | +18.4% |
| 2011 | 70.6% | +8.7% |
| 2012 | 69.2% | -1.9% |
| 2013 | 73.5% | +6.3% |
| 2014 | 70.5% | -4.1% |
| 2015 | 80.4% | +14.0% |
| 2016 | 91.3% | +13.6% |
| 2017 | 85.7% | -6.1% |
| 2018 | 84.7% | -1.1% |
| 2019 | 86.1% | +1.6% |
| 2020 | 105.0% | +22.0% |
| 2021 | 104.2% | -0.8% |
| 2022 | 83.9% | -19.5% |
| 2023 | 67.6% | -19.4% |
| 2024 | 66.0% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.8% | 29.2% | 69.9% | 10 |
| 2010s | 77.7% | 64.9% | 91.3% | 10 |
| 2020s | 85.3% | 66.0% | 105.0% | 5 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 14.45 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2421 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,294 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 12.79 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 93.7 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 887,692 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 15.6 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1709 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks as a proportion of gni in Armenia?
- External debt stocks as a proportion of gni in Armenia was 66.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest external debt stocks as a proportion of gni recorded in Armenia?
- The highest recorded value was 105.0% in 2020.
- What is the lowest external debt stocks as a proportion of gni recorded in Armenia?
- The lowest recorded value was 29.2% in 2008.
- How does Armenia rank for external debt stocks as a proportion of gni?
- Armenia ranks 34th out of 129 countries with data for 2024.
- Is external debt stocks as a proportion of gni rising or falling in Armenia?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.
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