Multilateral debt service in Armenia
Armenia: Multilateral debt service was 58.7% in 2024. ▼ Falling
Multilateral debt service in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Armenia recorded 58.7% for multilateral debt service in 2024.
The figure is up 39.5% on the previous year and up 36.2% over ten years.
Over the whole period, multilateral debt service in Armenia peaked at 100.0% in 1994 and was at its lowest, 7.5%, in 2013.
That places Armenia 37th out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Multilateral debt service in Armenia, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1993 | 68.1% | — |
| 1994 | 100.0% | +46.9% |
| 1995 | 69.8% | -30.2% |
| 1996 | 33.0% | -52.6% |
| 1997 | 74.4% | +125.1% |
| 1998 | 71.8% | -3.5% |
| 1999 | 49.4% | -31.3% |
| 2000 | 69.7% | +41.2% |
| 2001 | 38.6% | -44.6% |
| 2002 | 59.4% | +53.8% |
| 2003 | 34.9% | -41.2% |
| 2004 | 41.1% | +17.8% |
| 2005 | 87.0% | +111.4% |
| 2006 | 87.5% | +0.6% |
| 2007 | 86.6% | -1.0% |
| 2008 | 83.0% | -4.1% |
| 2009 | 55.6% | -33.0% |
| 2010 | 50.4% | -9.3% |
| 2011 | 53.5% | +6.1% |
| 2012 | 54.7% | +2.2% |
| 2013 | 7.5% | -86.2% |
| 2014 | 43.1% | +472.1% |
| 2015 | 19.6% | -54.4% |
| 2016 | 46.2% | +135.6% |
| 2017 | 52.4% | +13.3% |
| 2018 | 53.3% | +1.8% |
| 2019 | 25.2% | -52.8% |
| 2020 | 43.1% | +71.3% |
| 2021 | 54.4% | +26.1% |
| 2022 | 52.7% | -3.0% |
| 2023 | 42.1% | -20.2% |
| 2024 | 58.7% | +39.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 66.6% | 33.0% | 100.0% | 7 |
| 2000s | 64.3% | 34.9% | 87.5% | 10 |
| 2010s | 40.6% | 7.5% | 54.7% | 10 |
| 2020s | 50.2% | 42.1% | 58.7% | 5 |
Countries ranked near Armenia
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 multilateral debt service in Armenia?
- Multilateral debt service in Armenia was 58.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Armenia?
- The highest recorded value was 100.0% in 1994.
- What is the lowest multilateral debt service recorded in Armenia?
- The lowest recorded value was 7.5% in 2013.
- How does Armenia rank for multilateral debt service?
- Armenia ranks 37th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Armenia?
- Over the last ten years it is up 36.2%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. 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.