Debt service on external debt, total in Armenia
Armenia: Debt service on external debt, total was 1.82 billion TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Armenia recorded 1.82 billion TDS, current US$ for debt service on external debt, total in 2024.
The figure is down 34.5% on the previous year and up 26.6% over ten years.
Over the whole period, debt service on external debt, total in Armenia peaked at 2.77 billion TDS, current US$ in 2023 and was at its lowest, 2.00 million TDS, current US$, in 1993.
Armenia ranks 53rd of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Armenia, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1993 | 2.00 million TDS, current US$ | — |
| 1994 | 4.44 million TDS, current US$ | +121.9% |
| 1995 | 11.28 million TDS, current US$ | +154.0% |
| 1996 | 42.70 million TDS, current US$ | +278.7% |
| 1997 | 23.97 million TDS, current US$ | -43.9% |
| 1998 | 61.38 million TDS, current US$ | +156.1% |
| 1999 | 63.15 million TDS, current US$ | +2.9% |
| 2000 | 48.36 million TDS, current US$ | -23.4% |
| 2001 | 55.99 million TDS, current US$ | +15.8% |
| 2002 | 82.64 million TDS, current US$ | +47.6% |
| 2003 | 124.23 million TDS, current US$ | +50.3% |
| 2004 | 172.50 million TDS, current US$ | +38.9% |
| 2005 | 142.27 million TDS, current US$ | -17.5% |
| 2006 | 155.04 million TDS, current US$ | +9.0% |
| 2007 | 195.04 million TDS, current US$ | +25.8% |
| 2008 | 368.84 million TDS, current US$ | +89.1% |
| 2009 | 423.84 million TDS, current US$ | +14.9% |
| 2010 | 969.41 million TDS, current US$ | +128.7% |
| 2011 | 936.10 million TDS, current US$ | -3.4% |
| 2012 | 1.18 billion TDS, current US$ | +25.6% |
| 2013 | 2.05 billion TDS, current US$ | +73.9% |
| 2014 | 1.44 billion TDS, current US$ | -29.8% |
| 2015 | 1.55 billion TDS, current US$ | +7.6% |
| 2016 | 1.46 billion TDS, current US$ | -5.5% |
| 2017 | 1.43 billion TDS, current US$ | -1.8% |
| 2018 | 1.67 billion TDS, current US$ | +16.3% |
| 2019 | 2.07 billion TDS, current US$ | +24.3% |
| 2020 | 1.94 billion TDS, current US$ | -6.5% |
| 2021 | 1.90 billion TDS, current US$ | -1.7% |
| 2022 | 1.99 billion TDS, current US$ | +4.6% |
| 2023 | 2.77 billion TDS, current US$ | +39.3% |
| 2024 | 1.82 billion TDS, current US$ | -34.5% |
Armenia compared with similar countries
- Armenia's 1.82 billion TDS, current US$ is below the median for upper middle income countries, which is 2.21 billion TDS, current US$, 82% of the median. (52 countries reporting)
- Armenia's 1.82 billion TDS, current US$ is below the median for Europe & Central Asia, which is 3.00 billion TDS, current US$, 61% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +278.7% | 11.28 million TDS, current US$ | 42.70 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.84 million TDS, current US$ | 2.00 million TDS, current US$ | 63.15 million TDS, current US$ | 7 |
| 2000s | 176.88 million TDS, current US$ | 48.36 million TDS, current US$ | 423.84 million TDS, current US$ | 10 |
| 2010s | 1.47 billion TDS, current US$ | 936.10 million TDS, current US$ | 2.07 billion TDS, current US$ | 10 |
| 2020s | 2.08 billion TDS, current US$ | 1.82 billion TDS, current US$ | 2.77 billion TDS, current US$ | 5 |
Countries ranked near Armenia
- 50 Guatemala 1.96 billion TDS, current US$ compare
- 51 Bolivia 1.84 billion TDS, current US$ compare
- 52 Nicaragua 1.82 billion TDS, current US$ compare
- 54 Honduras 1.79 billion TDS, current US$ compare
- 55 Cameroon 1.68 billion TDS, current US$ compare
- 56 Mauritius 1.66 billion 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, total in Armenia?
- Debt service on external debt, total in Armenia was 1.82 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Armenia?
- The highest recorded value was 2.77 billion TDS, current US$ in 2023.
- What is the lowest debt service on external debt, total recorded in Armenia?
- The lowest recorded value was 2.00 million TDS, current US$ in 1993.
- How does Armenia rank for debt service on external debt, total?
- Armenia ranks 53rd out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Armenia?
- Over the last ten years it is up 26.6%. 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, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.