External debt stocks, public and publicly guaranteed (PPG) (DOD) in Armenia

Armenia: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 0.2433 DOD, current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.2433 DOD, current US$ per US$ of GDP
Change on year
down 5.7%
World rank
63rd
of 122 countries
All-time high
0.4535 DOD, current US$ per US$ of GDP
in 2017
All-time low
0.1115 DOD, current US$ per US$ of GDP
in 1993
Years of data
32
1993–2024

External debt stocks, public and publicly guaranteed (PPG) (DOD) in Armenia, 1993–2024

0.10.20.30.40.51993200820241993: 0.111 DOD, current US$ per US$ of GDP1994: 0.143 DOD, current US$ per US$ of GDP1995: 0.203 DOD, current US$ per US$ of GDP1996: 0.252 DOD, current US$ per US$ of GDP1997: 0.295 DOD, current US$ per US$ of GDP1998: 0.3 DOD, current US$ per US$ of GDP1999: 0.353 DOD, current US$ per US$ of GDP2000: 0.358 DOD, current US$ per US$ of GDP2001: 0.342 DOD, current US$ per US$ of GDP2002: 0.348 DOD, current US$ per US$ of GDP2003: 0.313 DOD, current US$ per US$ of GDP2004: 0.269 DOD, current US$ per US$ of GDP2005: 0.189 DOD, current US$ per US$ of GDP2006: 0.163 DOD, current US$ per US$ of GDP2007: 0.14 DOD, current US$ per US$ of GDP2008: 0.124 DOD, current US$ per US$ of GDP2009: 0.275 DOD, current US$ per US$ of GDP2010: 0.276 DOD, current US$ per US$ of GDP2011: 0.27 DOD, current US$ per US$ of GDP2012: 0.279 DOD, current US$ per US$ of GDP2013: 0.298 DOD, current US$ per US$ of GDP2014: 0.291 DOD, current US$ per US$ of GDP2015: 0.379 DOD, current US$ per US$ of GDP2016: 0.424 DOD, current US$ per US$ of GDP2017: 0.453 DOD, current US$ per US$ of GDP2018: 0.431 DOD, current US$ per US$ of GDP2019: 0.415 DOD, current US$ per US$ of GDP2020: 0.444 DOD, current US$ per US$ of GDP2021: 0.45 DOD, current US$ per US$ of GDP2022: 0.324 DOD, current US$ per US$ of GDP2023: 0.258 DOD, current US$ per US$ of GDP2024: 0.243 DOD, current US$ per US$ of GDP

Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.

Analysis

In 2024, external debt stocks, public and publicly guaranteed (ppg) (dod) in Armenia stood at 0.2433 DOD, current US$ per US$ of GDP.

Compared with earlier readings it is down 5.7% on the previous year and down 16.4% over ten years.

Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Armenia peaked at 0.4535 DOD, current US$ per US$ of GDP in 2017 and was at its lowest, 0.1115 DOD, current US$ per US$ of GDP, in 1993.

Armenia ranks 63rd of 122 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

External debt stocks, public and publicly guaranteed (PPG) (DOD) in Armenia, year by year

Annual values for External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP in Armenia, 1993 to 2024.
Year DOD, current US$ per US$ of GDP Change
1993 0.1115 DOD, current US$ per US$ of GDP
1994 0.1434 DOD, current US$ per US$ of GDP +28.7%
1995 0.2031 DOD, current US$ per US$ of GDP +41.6%
1996 0.2521 DOD, current US$ per US$ of GDP +24.1%
1997 0.2955 DOD, current US$ per US$ of GDP +17.2%
1998 0.3003 DOD, current US$ per US$ of GDP +1.6%
1999 0.353 DOD, current US$ per US$ of GDP +17.6%
2000 0.3578 DOD, current US$ per US$ of GDP +1.4%
2001 0.3419 DOD, current US$ per US$ of GDP -4.4%
2002 0.3477 DOD, current US$ per US$ of GDP +1.7%
2003 0.3132 DOD, current US$ per US$ of GDP -9.9%
2004 0.269 DOD, current US$ per US$ of GDP -14.1%
2005 0.1886 DOD, current US$ per US$ of GDP -29.9%
2006 0.1629 DOD, current US$ per US$ of GDP -13.6%
2007 0.1397 DOD, current US$ per US$ of GDP -14.3%
2008 0.1242 DOD, current US$ per US$ of GDP -11.0%
2009 0.2751 DOD, current US$ per US$ of GDP +121.4%
2010 0.2764 DOD, current US$ per US$ of GDP +0.5%
2011 0.2702 DOD, current US$ per US$ of GDP -2.3%
2012 0.2787 DOD, current US$ per US$ of GDP +3.2%
2013 0.2981 DOD, current US$ per US$ of GDP +7.0%
2014 0.2912 DOD, current US$ per US$ of GDP -2.3%
2015 0.3788 DOD, current US$ per US$ of GDP +30.1%
2016 0.424 DOD, current US$ per US$ of GDP +11.9%
2017 0.4535 DOD, current US$ per US$ of GDP +6.9%
2018 0.4311 DOD, current US$ per US$ of GDP -4.9%
2019 0.415 DOD, current US$ per US$ of GDP -3.7%
2020 0.4443 DOD, current US$ per US$ of GDP +7.0%
2021 0.4501 DOD, current US$ per US$ of GDP +1.3%
2022 0.3239 DOD, current US$ per US$ of GDP -28.0%
2023 0.258 DOD, current US$ per US$ of GDP -20.3%
2024 0.2433 DOD, current US$ per US$ of GDP -5.7%

Armenia compared with similar countries

  • Armenia's 0.2433 DOD, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2354 DOD, current US$ per US$ of GDP, 1.0× the median. (52 countries reporting)
  • Armenia's 0.2433 DOD, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1978 DOD, current US$ per US$ of GDP, 1.2× the median. (20 countries reporting)

Biggest year-on-year movements

Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) 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.

YearChange FromTo
2009 +121.4% 0.1242 DOD, current US$ per US$ of GDP 0.2751 DOD, current US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.237 DOD, current US$ per US$ of GDP 0.1115 DOD, current US$ per US$ of GDP 0.353 DOD, current US$ per US$ of GDP 7
2000s 0.252 DOD, current US$ per US$ of GDP 0.1242 DOD, current US$ per US$ of GDP 0.3578 DOD, current US$ per US$ of GDP 10
2010s 0.3517 DOD, current US$ per US$ of GDP 0.2702 DOD, current US$ per US$ of GDP 0.4535 DOD, current US$ per US$ of GDP 10
2020s 0.3439 DOD, current US$ per US$ of GDP 0.2433 DOD, current US$ per US$ of GDP 0.4501 DOD, current US$ per US$ of GDP 5

Countries ranked near Armenia

  1. 60 Colombia 0.2536 DOD, current US$ per US$ of GDP compare
  2. 61 Bolivia, Plurinational State of 0.2445 DOD, current US$ per US$ of GDP compare
  3. 62 South Africa 0.2438 DOD, current US$ per US$ of GDP compare
  4. 64 Pakistan 0.2409 DOD, current US$ per US$ of GDP compare
  5. 65 Papua New Guinea 0.2354 DOD, current US$ per US$ of GDP compare
  6. 66 Cameroon 0.2348 DOD, current US$ per US$ of GDP compare

See the full ranking of 134 places →

More external debt data for Armenia

All data for Armenia →

Frequently asked questions

What is external debt stocks, public and publicly guaranteed (ppg) (dod) in Armenia?
External debt stocks, public and publicly guaranteed (ppg) (dod) in Armenia was 0.2433 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Armenia?
The highest recorded value was 0.4535 DOD, current US$ per US$ of GDP in 2017.
What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Armenia?
The lowest recorded value was 0.1115 DOD, current US$ per US$ of GDP in 1993.
How does Armenia rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
Armenia ranks 63rd out of 122 countries with data for 2024.
Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Armenia?
Over the last ten years it is down 16.4%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from Statizoid (derived), published as part of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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External debt stocks, public and publicly guaranteed (PPG) (DOD) in Armenia. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://debt.statizoid.com/stat/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us-per-unit-of-gdp/armenia/

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How this figure is calculated

External debt stocks, public and publicly guaranteed (PPG) (DOD, 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.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ GDP (current US$)

Computed from

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

Indicator
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP
Unit
DOD, current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
134 places, 6,289 data points, 1970–2024
Last refreshed

External debt stocks, public and publicly guaranteed (PPG) (DOD, 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.