PPG, commercial banks in Armenia

Armenia: PPG, commercial banks was -4.45 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
-4.45 million NFL, current US$
Change on year
down 7.1%
World rank
73rd
of 116 countries
All-time high
21.17 million NFL, current US$
in 2015
All-time low
-5.00 million NFL, current US$
in 2002
Years of data
16
1998–2024

PPG, commercial banks in Armenia, 1998–2024

-10.0M010.0M20.0M1998201120241998: 5.0M NFL, current US$2002: -5.0M NFL, current US$2011: 2.4M NFL, current US$2012: 10.3M NFL, current US$2013: 4.3M NFL, current US$2014: 6.3M NFL, current US$2015: 21.2M NFL, current US$2016: 7.6M NFL, current US$2017: 8.4M NFL, current US$2018: 143.0k NFL, current US$2019: -1.8M NFL, current US$2020: -2.2M NFL, current US$2021: -3.7M NFL, current US$2022: -3.7M NFL, current US$2023: -4.2M NFL, current US$2024: -4.4M NFL, current US$

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

Armenia recorded -4.45 million NFL, current US$ for ppg, commercial banks in 2024.

Compared with earlier readings it is down 7.1% on the previous year and down 170.2% over ten years.

Over the whole period, ppg, commercial banks in Armenia peaked at 21.17 million NFL, current US$ in 2015 and was at its lowest, -5.00 million NFL, current US$, in 2002.

That places Armenia 73rd out of 116 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

PPG, commercial banks in Armenia, year by year

Annual values for PPG, commercial banks (NFL, current US$) in Armenia, 1998 to 2024.
Year NFL, current US$ Change
1998 5.00 million NFL, current US$ —
2002 -5.00 million NFL, current US$ -200.0%
2011 2.37 million NFL, current US$ -147.3%
2012 10.32 million NFL, current US$ +336.1%
2013 4.25 million NFL, current US$ -58.8%
2014 6.33 million NFL, current US$ +48.9%
2015 21.17 million NFL, current US$ +234.2%
2016 7.57 million NFL, current US$ -64.3%
2017 8.41 million NFL, current US$ +11.2%
2018 143,000 NFL, current US$ -98.3%
2019 -1.78 million NFL, current US$ -1347.6%
2020 -2.15 million NFL, current US$ +20.8%
2021 -3.66 million NFL, current US$ +69.9%
2022 -3.69 million NFL, current US$ +0.8%
2023 -4.15 million NFL, current US$ +12.4%
2024 -4.45 million NFL, current US$ +7.1%

Armenia compared with similar countries

  • Armenia's -4.45 million NFL, current US$ is below the median for upper middle income countries, which is -4.15 million NFL, current US$, 1.1× the median. (51 countries reporting)
  • Armenia's -4.45 million NFL, current US$ is above the median for Europe & Central Asia, which is -5.58 million NFL, current US$, 80% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where PPG, commercial banks 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
2019 -1347.6% 143,000 NFL, current US$ -1.78 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 5.00 million NFL, current US$ 5.00 million NFL, current US$ 5.00 million NFL, current US$ 1
2000s -5.00 million NFL, current US$ -5.00 million NFL, current US$ -5.00 million NFL, current US$ 1
2010s 6.53 million NFL, current US$ -1.78 million NFL, current US$ 21.17 million NFL, current US$ 9
2020s -3.62 million NFL, current US$ -4.45 million NFL, current US$ -2.15 million NFL, current US$ 5

Countries ranked near Armenia

  1. 70 Suriname -4.15 million NFL, current US$ compare
  2. 71 Bosnia and Herzegovina -4.18 million NFL, current US$ compare
  3. 72 Bhutan -4.25 million NFL, current US$ compare
  4. 74 Belarus -4.48 million NFL, current US$ compare
  5. 75 Ukraine -6.69 million NFL, current US$ compare
  6. 76 Papua New Guinea -8.07 million NFL, current US$ compare

See the full ranking of 128 places →

More external debt data for Armenia

All data for Armenia →

Frequently asked questions

What is ppg, commercial banks in Armenia?
Ppg, commercial banks in Armenia was -4.45 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, commercial banks recorded in Armenia?
The highest recorded value was 21.17 million NFL, current US$ in 2015.
What is the lowest ppg, commercial banks recorded in Armenia?
The lowest recorded value was -5.00 million NFL, current US$ in 2002.
How does Armenia rank for ppg, commercial banks?
Armenia ranks 73rd out of 116 countries with data for 2024.
Is ppg, commercial banks rising or falling in Armenia?
Over the last ten years it is down 170.2%. 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 PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.

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PPG, commercial banks in Armenia. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/ppg-commercial-banks-nfl-current-us/armenia/

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About this data

Indicator
PPG, commercial banks (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
128 places, 4,660 data points, 1970–2024
Last refreshed

Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.