Debt service on external debt, public and publicly guaranteed (PPG) in Armenia
Armenia: Debt service on external debt, public and publicly guaranteed (PPG) was 569.13 million TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
569.13 million TDS, current US$
Change on year
down 20.0%
World rank
62nd
of 122 countries
All-time high
756.19 million TDS, current US$
in 2019
All-time low
1.95 million TDS, current US$
in 1993
Years of data
32
1993–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Armenia stood at 569.13 million TDS, current US$.
The figure is down 20.0% on the previous year and up 402.6% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Armenia peaked at 756.19 million TDS, current US$ in 2019 and was at its lowest, 1.95 million TDS, current US$, in 1993.
Armenia ranks 62nd of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Armenia, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1993 | 1.95 million TDS, current US$ | — |
| 1994 | 4.44 million TDS, current US$ | +127.6% |
| 1995 | 9.55 million TDS, current US$ | +115.1% |
| 1996 | 39.46 million TDS, current US$ | +313.1% |
| 1997 | 20.04 million TDS, current US$ | -49.2% |
| 1998 | 55.57 million TDS, current US$ | +177.2% |
| 1999 | 39.99 million TDS, current US$ | -28.0% |
| 2000 | 22.25 million TDS, current US$ | -44.4% |
| 2001 | 40.58 million TDS, current US$ | +82.4% |
| 2002 | 48.35 million TDS, current US$ | +19.1% |
| 2003 | 71.44 million TDS, current US$ | +47.8% |
| 2004 | 60.36 million TDS, current US$ | -15.5% |
| 2005 | 24.94 million TDS, current US$ | -58.7% |
| 2006 | 26.15 million TDS, current US$ | +4.9% |
| 2007 | 26.72 million TDS, current US$ | +2.2% |
| 2008 | 26.10 million TDS, current US$ | -2.3% |
| 2009 | 44.11 million TDS, current US$ | +69.0% |
| 2010 | 58.99 million TDS, current US$ | +33.7% |
| 2011 | 66.40 million TDS, current US$ | +12.6% |
| 2012 | 73.46 million TDS, current US$ | +10.6% |
| 2013 | 578.50 million TDS, current US$ | +687.5% |
| 2014 | 113.23 million TDS, current US$ | -80.4% |
| 2015 | 359.82 million TDS, current US$ | +217.8% |
| 2016 | 195.85 million TDS, current US$ | -45.6% |
| 2017 | 230.44 million TDS, current US$ | +17.7% |
| 2018 | 299.97 million TDS, current US$ | +30.2% |
| 2019 | 756.19 million TDS, current US$ | +152.1% |
| 2020 | 480.35 million TDS, current US$ | -36.5% |
| 2021 | 390.64 million TDS, current US$ | -18.7% |
| 2022 | 418.01 million TDS, current US$ | +7.0% |
| 2023 | 711.52 million TDS, current US$ | +70.2% |
| 2024 | 569.13 million TDS, current US$ | -20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.43 million TDS, current US$ | 1.95 million TDS, current US$ | 55.57 million TDS, current US$ | 7 |
| 2000s | 39.10 million TDS, current US$ | 22.25 million TDS, current US$ | 71.44 million TDS, current US$ | 10 |
| 2010s | 273.28 million TDS, current US$ | 58.99 million TDS, current US$ | 756.19 million TDS, current US$ | 10 |
| 2020s | 513.93 million TDS, current US$ | 390.64 million TDS, current US$ | 711.52 million TDS, current US$ | 5 |
Countries ranked near Armenia
- 59 North Macedonia 639.46 million TDS, current US$ compare
- 60 Nicaragua 636.96 million TDS, current US$ compare
- 61 Papua New Guinea 623.36 million TDS, current US$ compare
- 63 Bosnia and Herzegovina 567.79 million TDS, current US$ compare
- 64 Cambodia 544.26 million TDS, current US$ compare
- 65 Haiti 512.09 million TDS, current US$ 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 569.13 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Armenia?
- The highest recorded value was 756.19 million TDS, current US$ in 2019.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Armenia?
- The lowest recorded value was 1.95 million TDS, current US$ in 1993.
- How does Armenia rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Armenia ranks 62nd 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 402.6%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.