External debt stocks, total (DOD, current US$), per unit of GDP in Armenia

Armenia: External debt stocks, total (DOD, current US$), per unit of GDP was 0.6317 DOD, current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.6317 DOD, current US$ per US$ of GDP
Change on year
down 3.5%
World rank
33rd
of 122 countries
All-time high
1.03 DOD, current US$ per US$ of GDP
in 2020
All-time low
0.1115 DOD, current US$ per US$ of GDP
in 1993
Years of data
32
1993–2024

External debt stocks, total (DOD, current US$), per unit of GDP in Armenia, 1993–2024

0.20.40.60.811993200820241993: 0.111 DOD, current US$ per US$ of GDP1994: 0.163 DOD, current US$ per US$ of GDP1995: 0.252 DOD, current US$ per US$ of GDP1996: 0.326 DOD, current US$ per US$ of GDP1997: 0.389 DOD, current US$ per US$ of GDP1998: 0.425 DOD, current US$ per US$ of GDP1999: 0.554 DOD, current US$ per US$ of GDP2000: 0.533 DOD, current US$ per US$ of GDP2001: 0.666 DOD, current US$ per US$ of GDP2002: 0.724 DOD, current US$ per US$ of GDP2003: 0.711 DOD, current US$ per US$ of GDP2004: 0.589 DOD, current US$ per US$ of GDP2005: 0.402 DOD, current US$ per US$ of GDP2006: 0.335 DOD, current US$ per US$ of GDP2007: 0.335 DOD, current US$ per US$ of GDP2008: 0.31 DOD, current US$ per US$ of GDP2009: 0.571 DOD, current US$ per US$ of GDP2010: 0.681 DOD, current US$ per US$ of GDP2011: 0.731 DOD, current US$ per US$ of GDP2012: 0.719 DOD, current US$ per US$ of GDP2013: 0.781 DOD, current US$ per US$ of GDP2014: 0.737 DOD, current US$ per US$ of GDP2015: 0.837 DOD, current US$ per US$ of GDP2016: 0.935 DOD, current US$ per US$ of GDP2017: 0.887 DOD, current US$ per US$ of GDP2018: 0.861 DOD, current US$ per US$ of GDP2019: 0.873 DOD, current US$ per US$ of GDP2020: 1 DOD, current US$ per US$ of GDP2021: 1 DOD, current US$ per US$ of GDP2022: 0.816 DOD, current US$ per US$ of GDP2023: 0.655 DOD, current US$ per US$ of GDP2024: 0.632 DOD, current US$ per US$ of GDP

Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.

Analysis

Armenia recorded 0.6317 DOD, current US$ per US$ of GDP for external debt stocks, total (dod, current us$), per unit of gdp in 2024.

Compared with earlier readings it is down 3.5% on the previous year and down 14.3% over ten years.

Over the whole period, external debt stocks, total (dod, current us$), per unit of gdp in Armenia peaked at 1.03 DOD, current US$ per US$ of GDP in 2020 and was at its lowest, 0.1115 DOD, current US$ per US$ of GDP, 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, total (DOD, current US$), per unit of GDP in Armenia, year by year

Annual values for External debt stocks, total (DOD, current US$), per unit of GDP in Armenia, 1993 to 2024.
Year DOD, current US$ per US$ of GDP Change
1993 0.1115 DOD, current US$ per US$ of GDP —
1994 0.163 DOD, current US$ per US$ of GDP +46.2%
1995 0.2524 DOD, current US$ per US$ of GDP +54.9%
1996 0.326 DOD, current US$ per US$ of GDP +29.1%
1997 0.3894 DOD, current US$ per US$ of GDP +19.5%
1998 0.4247 DOD, current US$ per US$ of GDP +9.1%
1999 0.5541 DOD, current US$ per US$ of GDP +30.5%
2000 0.5328 DOD, current US$ per US$ of GDP -3.9%
2001 0.6658 DOD, current US$ per US$ of GDP +25.0%
2002 0.7236 DOD, current US$ per US$ of GDP +8.7%
2003 0.7111 DOD, current US$ per US$ of GDP -1.7%
2004 0.5894 DOD, current US$ per US$ of GDP -17.1%
2005 0.402 DOD, current US$ per US$ of GDP -31.8%
2006 0.335 DOD, current US$ per US$ of GDP -16.7%
2007 0.3348 DOD, current US$ per US$ of GDP -0.1%
2008 0.3098 DOD, current US$ per US$ of GDP -7.5%
2009 0.5707 DOD, current US$ per US$ of GDP +84.2%
2010 0.6811 DOD, current US$ per US$ of GDP +19.4%
2011 0.7307 DOD, current US$ per US$ of GDP +7.3%
2012 0.7195 DOD, current US$ per US$ of GDP -1.5%
2013 0.7806 DOD, current US$ per US$ of GDP +8.5%
2014 0.737 DOD, current US$ per US$ of GDP -5.6%
2015 0.8368 DOD, current US$ per US$ of GDP +13.5%
2016 0.9345 DOD, current US$ per US$ of GDP +11.7%
2017 0.8873 DOD, current US$ per US$ of GDP -5.1%
2018 0.861 DOD, current US$ per US$ of GDP -3.0%
2019 0.8726 DOD, current US$ per US$ of GDP +1.4%
2020 1.03 DOD, current US$ per US$ of GDP +18.4%
2021 1.01 DOD, current US$ per US$ of GDP -2.1%
2022 0.8164 DOD, current US$ per US$ of GDP -19.3%
2023 0.6549 DOD, current US$ per US$ of GDP -19.8%
2024 0.6317 DOD, current US$ per US$ of GDP -3.5%

Armenia compared with similar countries

  • Armenia's 0.6317 DOD, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.4626 DOD, current US$ per US$ of GDP, 1.4× the median. (52 countries reporting)
  • Armenia's 0.6317 DOD, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.5482 DOD, current US$ per US$ of GDP, 1.2× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3173 DOD, current US$ per US$ of GDP 0.1115 DOD, current US$ per US$ of GDP 0.5541 DOD, current US$ per US$ of GDP 7
2000s 0.5175 DOD, current US$ per US$ of GDP 0.3098 DOD, current US$ per US$ of GDP 0.7236 DOD, current US$ per US$ of GDP 10
2010s 0.8041 DOD, current US$ per US$ of GDP 0.6811 DOD, current US$ per US$ of GDP 0.9345 DOD, current US$ per US$ of GDP 10
2020s 0.8296 DOD, current US$ per US$ of GDP 0.6317 DOD, current US$ per US$ of GDP 1.03 DOD, current US$ per US$ of GDP 5

Countries ranked near Armenia

  1. 30 Fiji 0.6483 DOD, current US$ per US$ of GDP compare
  2. 31 Kyrgyzstan 0.6437 DOD, current US$ per US$ of GDP compare
  3. 32 Grenada 0.6389 DOD, current US$ per US$ of GDP compare
  4. 34 Uzbekistan 0.5789 DOD, current US$ per US$ of GDP compare
  5. 35 Serbia 0.577 DOD, current US$ per US$ of GDP compare
  6. 36 Moldova 0.5762 DOD, current US$ per US$ of GDP compare

See the full ranking of 134 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is external debt stocks, total (dod, current us$), per unit of gdp in Armenia?
External debt stocks, total (dod, current us$), per unit of gdp in Armenia was 0.6317 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest external debt stocks, total (dod, current us$), per unit of gdp recorded in Armenia?
The highest recorded value was 1.03 DOD, current US$ per US$ of GDP in 2020.
What is the lowest external debt stocks, total (dod, current us$), per unit of gdp recorded in Armenia?
The lowest recorded value was 0.1115 DOD, current US$ per US$ of GDP in 1993.
How does Armenia rank for external debt stocks, total (dod, current us$), per unit of gdp?
Armenia ranks 33rd out of 122 countries with data for 2024.
Is external debt stocks, total (dod, current us$), per unit of gdp rising or falling in Armenia?
Over the last ten years it is down 14.3%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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External debt stocks, total (DOD, current US$), per unit of GDP in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/external-debt-stocks-total-dod-current-us-per-unit-of-gdp/armenia/

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How this figure is calculated

External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

External debt stocks, total (DOD, current US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
External debt stocks, total (DOD, current US$), per unit of GDP
Unit
DOD, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
134 places, 6,284 data points, 1970–2024
Last refreshed

External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.