External debt stocks in Armenia
Armenia: External debt stocks was 66.0% in 2024. ▲ Rising
External debt stocks in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Armenia recorded 66.0% for external debt stocks in 2024.
Compared with earlier readings it is down 2.4% on the previous year and down 6.4% over ten years.
Over the whole period, external debt stocks in Armenia peaked at 105.0% in 2020 and was at its lowest, 11.2%, in 1993.
Armenia ranks 33rd of 122 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
External debt stocks in Armenia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 11.2% | — |
| 1994 | 16.3% | +46.5% |
| 1995 | 24.6% | +50.4% |
| 1996 | 31.7% | +29.0% |
| 1997 | 36.8% | +15.9% |
| 1998 | 41.2% | +12.0% |
| 1999 | 53.8% | +30.6% |
| 2000 | 51.7% | -4.0% |
| 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 |
|---|---|---|---|---|
| 1990s | 30.8% | 11.2% | 53.8% | 7 |
| 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -23.7 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3514 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,329 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -120.54 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -117.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.86 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 30.71 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 290,928 current LCU per person (2025)
Frequently asked questions
- What is external debt stocks in Armenia?
- External debt stocks in Armenia was 66.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Armenia?
- The highest recorded value was 105.0% in 2020.
- What is the lowest external debt stocks recorded in Armenia?
- The lowest recorded value was 11.2% in 1993.
- How does Armenia rank for external debt stocks?
- Armenia ranks 33rd out of 122 countries with data for 2024.
- Is external debt stocks 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 International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.