Armenia vs Lower middle income: IFC, private nonguaranteed (NFL, US$), per unit of GDP

Armenia
0.0063 NFL, US$ per US$ of GDP
in 2024
Lower middle income
0.0004 NFL, US$ per US$ of GDP
in 2024
Armenia rank
1st
Lower middle income rank
4th

IFC, private nonguaranteed (NFL, US$), per unit of GDP over time

  • Armenia
  • Lower middle income
-0.00200.0020.0040.006197019972024

How they compare

Armenia currently reports 0.0063 NFL, US$ per US$ of GDP against 0.0004 NFL, US$ per US$ of GDP in Lower middle income, a difference of 0.0059 NFL, US$ per US$ of GDP.

That makes Armenia's figure about 14.3 times Lower middle income's.

The two have swapped places 11 times across 32 shared years of data; in 1993 it was Lower middle income ahead.

Armenia ranks 1st and Lower middle income ranks 4th of 122 countries.

Armenia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Lower middle income Difference Ahead
1990s 0 NFL, US$ per US$ of GDP 0 NFL, US$ per US$ of GDP 0 NFL, US$ per US$ of GDP
2000s 0.0002 NFL, US$ per US$ of GDP 0.0001 NFL, US$ per US$ of GDP 0.0001 NFL, US$ per US$ of GDP Armenia
2010s 0.0005 NFL, US$ per US$ of GDP 0.0001 NFL, US$ per US$ of GDP 0.0004 NFL, US$ per US$ of GDP Armenia
2020s 0.002 NFL, US$ per US$ of GDP 0.0002 NFL, US$ per US$ of GDP 0.0019 NFL, US$ per US$ of GDP Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ifc, private nonguaranteed (nfl, us$), per unit of gdp, Armenia or Lower middle income?
Armenia, at 0.0063 NFL, US$ per US$ of GDP against 0.0004 NFL, US$ per US$ of GDP in Lower middle income as of 2024.
What is the difference in ifc, private nonguaranteed (nfl, us$), per unit of gdp between Armenia and Lower middle income?
0.0059 NFL, US$ per US$ of GDP, with Armenia ahead.
How many years of comparable data are there for Armenia and Lower middle income?
32 years are reported by both, from 1993 to 2024.
How do Armenia and Lower middle income rank globally for ifc, private nonguaranteed (nfl, us$), per unit of gdp?
Armenia ranks 1st and Lower middle income ranks 4th of 122 countries.
Where does this data come from?
Statizoid (derived), published as IFC, private nonguaranteed (NFL, US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Lower middle income: IFC, private nonguaranteed (NFL, US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 11 September 2026, from https://debt.statizoid.com/compare/ifc-private-nonguaranteed-nfl-us-per-unit-of-gdp/armenia/lower-middle-income/

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About this data

Indicator
IFC, private nonguaranteed (NFL, US$), per unit of GDP
Unit
NFL, US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
167 places, 8,197 data points, 1970–2024
Last refreshed

IFC, private nonguaranteed (NFL, 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.