Armenia vs Turkey: Short-term debt (% of total external debt)
Short-term debt (% of total external debt) over time
- Armenia
- Turkey
How they compare
Turkey currently reports 28.9% against 25.8% in Armenia, a difference of 3.1%.
That makes Turkey's figure about 1.1 times Armenia's.
The two have swapped places 2 times across 33 shared years of data; in 1993 it was Turkey ahead.
Armenia ranks 19th and Turkey ranks 16th of 123 countries.
Turkey has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Armenia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.2% | 21.9% | 19.7% | Turkey |
| 2000s | 13.1% | 19.9% | 6.8% | Turkey |
| 2010s | 10.9% | 27.9% | 17.1% | Turkey |
| 2020s | 18.4% | 30.5% | 12.1% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Armenia or Turkey?
- Turkey, at 28.9% against 25.8% in Armenia as of 2025.
- What is the difference in short-term debt between Armenia and Turkey?
- 3.1%, with Turkey ahead.
- How many years of comparable data are there for Armenia and Turkey?
- 33 years are reported by both, from 1993 to 2025.
- How do Armenia and Turkey rank globally for short-term debt?
- Armenia ranks 19th and Turkey ranks 16th of 123 countries.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Short-term debt (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. 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.