External debt stocks, short-term in Armenia
Armenia: External debt stocks, short-term was 3.50 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, short-term in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Armenia recorded 3.50 billion DOD, current US$ for external debt stocks, short-term in 2024. That is the highest value across all 32 years on record.
That represents a change of up 12.6% on the previous year and up 285.2% over ten years.
Over the whole period, external debt stocks, short-term in Armenia peaked at 3.50 billion DOD, current US$ in 2024 and was at its lowest, 20,000 DOD, current US$, in 1993.
Armenia ranks 39th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in Armenia, year by year
| Year | DOD, current US$ | 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% |
Armenia compared with similar countries
- Armenia's 3.50 billion DOD, current US$ is above the median for upper middle income countries, which is 2.37 billion DOD, current US$, 1.5× the median. (52 countries reporting)
- Armenia's 3.50 billion DOD, current US$ is above the median for Europe & Central Asia, which is 3.13 billion DOD, current US$, 1.1× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +5232.9% | 20,000 DOD, current US$ | 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 | 2.59 billion DOD, current US$ | 1.52 billion DOD, current US$ | 3.50 billion DOD, current US$ | 5 |
Countries ranked near Armenia
- 36 Dominican Republic 4.15 billion DOD, current US$ compare
- 37 Zimbabwe 3.97 billion DOD, current US$ compare
- 38 Paraguay 3.56 billion DOD, current US$ compare
- 40 Tanzania 3.38 billion DOD, current US$ compare
- 41 North Macedonia 3.18 billion DOD, current US$ compare
- 42 Bosnia and Herzegovina 3.07 billion DOD, 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 external debt stocks, short-term in Armenia?
- External debt stocks, short-term in Armenia was 3.50 billion DOD, current US$ in 2024, 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 3.50 billion DOD, current US$ in 2024.
- 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 39th out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Armenia?
- Over the last ten years it is up 285.2%. 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.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.