Debt service on external debt, public and publicly guaranteed (PPG) in Armenia
Armenia: Debt service on external debt, public and publicly guaranteed (PPG) was 0.0219 TDS, current US$ per US$ of GDP in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Armenia, 1993–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Armenia stood at 0.0219 TDS, current US$ per US$ of GDP.
Compared with earlier readings it is down 25.5% on the previous year and up 124.8% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Armenia peaked at 0.0555 TDS, current US$ per US$ of GDP in 2019 and was at its lowest, 0.0016 TDS, current US$ per US$ of GDP, in 1993.
Armenia ranks 57th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Armenia, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1993 | 0.0016 TDS, current US$ per US$ of GDP | — |
| 1994 | 0.0034 TDS, current US$ per US$ of GDP | +107.9% |
| 1995 | 0.0065 TDS, current US$ per US$ of GDP | +92.7% |
| 1996 | 0.0247 TDS, current US$ per US$ of GDP | +279.9% |
| 1997 | 0.0122 TDS, current US$ per US$ of GDP | -50.5% |
| 1998 | 0.0293 TDS, current US$ per US$ of GDP | +140.0% |
| 1999 | 0.0217 TDS, current US$ per US$ of GDP | -26.2% |
| 2000 | 0.0116 TDS, current US$ per US$ of GDP | -46.3% |
| 2001 | 0.0192 TDS, current US$ per US$ of GDP | +64.6% |
| 2002 | 0.0203 TDS, current US$ per US$ of GDP | +6.2% |
| 2003 | 0.0255 TDS, current US$ per US$ of GDP | +25.1% |
| 2004 | 0.0169 TDS, current US$ per US$ of GDP | -33.7% |
| 2005 | 0.0051 TDS, current US$ per US$ of GDP | -69.8% |
| 2006 | 0.0041 TDS, current US$ per US$ of GDP | -19.5% |
| 2007 | 0.0029 TDS, current US$ per US$ of GDP | -29.2% |
| 2008 | 0.0022 TDS, current US$ per US$ of GDP | -22.9% |
| 2009 | 0.0051 TDS, current US$ per US$ of GDP | +127.9% |
| 2010 | 0.0064 TDS, current US$ per US$ of GDP | +24.9% |
| 2011 | 0.0065 TDS, current US$ per US$ of GDP | +2.8% |
| 2012 | 0.0069 TDS, current US$ per US$ of GDP | +5.7% |
| 2013 | 0.052 TDS, current US$ per US$ of GDP | +652.0% |
| 2014 | 0.0098 TDS, current US$ per US$ of GDP | -81.2% |
| 2015 | 0.0341 TDS, current US$ per US$ of GDP | +249.6% |
| 2016 | 0.0186 TDS, current US$ per US$ of GDP | -45.5% |
| 2017 | 0.02 TDS, current US$ per US$ of GDP | +7.6% |
| 2018 | 0.0241 TDS, current US$ per US$ of GDP | +20.5% |
| 2019 | 0.0555 TDS, current US$ per US$ of GDP | +130.6% |
| 2020 | 0.038 TDS, current US$ per US$ of GDP | -31.6% |
| 2021 | 0.0281 TDS, current US$ per US$ of GDP | -25.9% |
| 2022 | 0.0214 TDS, current US$ per US$ of GDP | -23.9% |
| 2023 | 0.0294 TDS, current US$ per US$ of GDP | +37.3% |
| 2024 | 0.0219 TDS, current US$ per US$ of GDP | -25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0142 TDS, current US$ per US$ of GDP | 0.0016 TDS, current US$ per US$ of GDP | 0.0293 TDS, current US$ per US$ of GDP | 7 |
| 2000s | 0.0113 TDS, current US$ per US$ of GDP | 0.0022 TDS, current US$ per US$ of GDP | 0.0255 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0234 TDS, current US$ per US$ of GDP | 0.0064 TDS, current US$ per US$ of GDP | 0.0555 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0278 TDS, current US$ per US$ of GDP | 0.0214 TDS, current US$ per US$ of GDP | 0.038 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Armenia
- 54 Tanzania 0.0229 TDS, current US$ per US$ of GDP compare
- 55 Argentina 0.0223 TDS, current US$ per US$ of GDP compare
- 56 South Africa 0.0223 TDS, current US$ per US$ of GDP compare
- 58 Turkey 0.0218 TDS, current US$ per US$ of GDP compare
- 59 Togo 0.0216 TDS, current US$ per US$ of GDP compare
- 60 Turkmenistan 0.0214 TDS, current US$ per US$ of GDP compare
More external debt data for Armenia
- IFC, private nonguaranteed 163.50 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 53.9 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0063 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -187.56 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.3% (2024)
- Net financial flows, IDA -67.81 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -22.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 106.43 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 2.9% (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Armenia?
- Debt service on external debt, public and publicly guaranteed (ppg) in Armenia was 0.0219 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Armenia?
- The highest recorded value was 0.0555 TDS, current US$ per US$ of GDP in 2019.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Armenia?
- The lowest recorded value was 0.0016 TDS, current US$ per US$ of GDP in 1993.
- How does Armenia rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Armenia ranks 57th out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Armenia?
- Over the last ten years it is up 124.8%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.