External debt stocks, short-term (DOD, current US$) in Armenia
Armenia: External debt stocks, short-term (DOD, current US$) was 4.83 billion DOD, current US$ in 2025. ◆ Volatile
External debt stocks, short-term in Armenia, 1993–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Armenia recorded 4.83 billion DOD, current US$ for external debt stocks, short-term in 2025. That is the highest value across all 33 years on record.
That represents a change of up 38.1% on the previous year and up 627.9% over ten years.
Over the whole period, external debt stocks, short-term in Armenia peaked at 4.83 billion DOD, current US$ in 2025 and was at its lowest, 20,000 DOD, current US$, in 1993.
Armenia ranks 35th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term (DOD, current US$) in Armenia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1993 | 20,000 DOD, current US$ | — |
| 1994 | 1.07 million DOD, current US$ | +5232.9% |
| 1995 | 2.14 million DOD, current US$ | +100.6% |
| 1996 | 1.40 million DOD, current US$ | -34.6% |
| 1997 | 22.00 million DOD, current US$ | +1471.4% |
| 1998 | 45.17 million DOD, current US$ | +105.3% |
| 1999 | 49.20 million DOD, current US$ | +8.9% |
| 2000 | 44.42 million DOD, current US$ | -9.7% |
| 2001 | 41.97 million DOD, current US$ | -5.5% |
| 2002 | 220.00 million DOD, current US$ | +424.2% |
| 2003 | 404.00 million DOD, current US$ | +83.6% |
| 2004 | 410.00 million DOD, current US$ | +1.5% |
| 2005 | 297.85 million DOD, current US$ | -27.4% |
| 2006 | 306.86 million DOD, current US$ | +3.0% |
| 2007 | 500.64 million DOD, current US$ | +63.1% |
| 2008 | 520.78 million DOD, current US$ | +4.0% |
| 2009 | 529.17 million DOD, current US$ | +1.6% |
| 2010 | 655.74 million DOD, current US$ | +23.9% |
| 2011 | 903.69 million DOD, current US$ | +37.8% |
| 2012 | 842.03 million DOD, current US$ | -6.8% |
| 2013 | 1.15 billion DOD, current US$ | +36.6% |
| 2014 | 908.22 million DOD, current US$ | -21.0% |
| 2015 | 663.65 million DOD, current US$ | -26.9% |
| 2016 | 1.07 billion DOD, current US$ | +61.5% |
| 2017 | 888.67 million DOD, current US$ | -17.1% |
| 2018 | 1.13 billion DOD, current US$ | +27.6% |
| 2019 | 1.59 billion DOD, current US$ | +40.7% |
| 2020 | 1.60 billion DOD, current US$ | +0.5% |
| 2021 | 1.52 billion DOD, current US$ | -4.9% |
| 2022 | 3.24 billion DOD, current US$ | +112.7% |
| 2023 | 3.11 billion DOD, current US$ | -4.2% |
| 2024 | 3.50 billion DOD, current US$ | +12.6% |
| 2025 | 4.83 billion DOD, current US$ | +38.1% |
Armenia compared with similar countries
- Armenia's 4.83 billion DOD, current US$ is above the median for upper middle income countries, which is 2.37 billion DOD, current US$, 2.0× the median. (52 countries reporting)
- Armenia's 4.83 billion DOD, current US$ is above the median for Europe & Central Asia, which is 3.13 billion DOD, current US$, 1.5× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term (DOD, current US$) 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 |
|---|---|---|---|
| 1994 | +5232.9% | 20,000 DOD, current US$ | 1.07 million DOD, current US$ |
| 1997 | +1471.4% | 1.40 million DOD, current US$ | 22.00 million DOD, current US$ |
| 2002 | +424.2% | 41.97 million DOD, current US$ | 220.00 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.29 million DOD, current US$ | 20,000 DOD, current US$ | 49.20 million DOD, current US$ | 7 |
| 2000s | 327.57 million DOD, current US$ | 41.97 million DOD, current US$ | 529.17 million DOD, current US$ | 10 |
| 2010s | 981.18 million DOD, current US$ | 655.74 million DOD, current US$ | 1.59 billion DOD, current US$ | 10 |
| 2020s | 2.97 billion DOD, current US$ | 1.52 billion DOD, current US$ | 4.83 billion DOD, current US$ | 6 |
Countries ranked near Armenia
- 32 Sudan 5.87 billion DOD, current US$ compare
- 33 Georgia 5.22 billion DOD, current US$ compare
- 34 Paraguay 4.99 billion DOD, current US$ compare
- 36 Zimbabwe 4.70 billion DOD, current US$ compare
- 37 Cambodia 4.04 billion DOD, current US$ compare
- 38 North Macedonia 3.74 billion DOD, current US$ compare
More external debt data for Armenia
- Net financial flows, IBRD -13.82 million NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -2,363 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 370.73 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 6.99 billion DOD, current US$ (2025)
- External debt stocks, long-term 13.53 billion DOD, current US$ (2025)
Frequently asked questions
- What is external debt stocks, short-term in Armenia?
- External debt stocks, short-term in Armenia was 4.83 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Armenia?
- The highest recorded value was 4.83 billion DOD, current US$ in 2025.
- What is the lowest external debt stocks, short-term recorded in Armenia?
- The lowest recorded value was 20,000 DOD, current US$ in 1993.
- How does Armenia rank for external debt stocks, short-term?
- Armenia ranks 35th out of 123 countries with data for 2025.
- Is external debt stocks, short-term rising or falling in Armenia?
- Over the last ten years it is up 627.9%. 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 External debt stocks, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.