PPG, IDA in Armenia
Armenia: PPG, IDA was 648.66 million DOD, current US$ in 2024. ▲ Rising
PPG, IDA in Armenia, 1994–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Armenia recorded 648.66 million DOD, current US$ for ppg, ida in 2024.
That represents a change of down 11.8% on the previous year and down 45.9% over ten years.
Over the whole period, ppg, ida in Armenia peaked at 1.28 billion DOD, current US$ in 2013 and was at its lowest, 5.56 million DOD, current US$, in 1994.
That places Armenia 40th out of 105 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
PPG, IDA in Armenia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1994 | 5.56 million DOD, current US$ | — |
| 1995 | 90.94 million DOD, current US$ | +1534.7% |
| 1996 | 174.05 million DOD, current US$ | +91.4% |
| 1997 | 240.25 million DOD, current US$ | +38.0% |
| 1998 | 292.84 million DOD, current US$ | +21.9% |
| 1999 | 352.10 million DOD, current US$ | +20.2% |
| 2000 | 388.29 million DOD, current US$ | +10.3% |
| 2001 | 427.88 million DOD, current US$ | +10.2% |
| 2002 | 529.94 million DOD, current US$ | +23.9% |
| 2003 | 661.60 million DOD, current US$ | +24.8% |
| 2004 | 772.58 million DOD, current US$ | +16.8% |
| 2005 | 746.04 million DOD, current US$ | -3.4% |
| 2006 | 841.25 million DOD, current US$ | +12.8% |
| 2007 | 964.65 million DOD, current US$ | +14.7% |
| 2008 | 1.03 billion DOD, current US$ | +6.3% |
| 2009 | 1.16 billion DOD, current US$ | +13.2% |
| 2010 | 1.16 billion DOD, current US$ | -0.0% |
| 2011 | 1.19 billion DOD, current US$ | +2.3% |
| 2012 | 1.24 billion DOD, current US$ | +4.1% |
| 2013 | 1.28 billion DOD, current US$ | +3.2% |
| 2014 | 1.20 billion DOD, current US$ | -6.0% |
| 2015 | 1.14 billion DOD, current US$ | -4.8% |
| 2016 | 1.10 billion DOD, current US$ | -3.6% |
| 2017 | 1.13 billion DOD, current US$ | +3.1% |
| 2018 | 1.07 billion DOD, current US$ | -5.3% |
| 2019 | 1.01 billion DOD, current US$ | -5.5% |
| 2020 | 996.39 million DOD, current US$ | -1.7% |
| 2021 | 901.95 million DOD, current US$ | -9.5% |
| 2022 | 795.69 million DOD, current US$ | -11.8% |
| 2023 | 735.14 million DOD, current US$ | -7.6% |
| 2024 | 648.66 million DOD, current US$ | -11.8% |
Armenia compared with similar countries
- Armenia's 648.66 million DOD, current US$ is above the median for upper middle income countries, which is 126.84 million DOD, current US$, 5.1× the median. (36 countries reporting)
- Armenia's 648.66 million DOD, current US$ is above the median for Europe & Central Asia, which is 353.88 million DOD, current US$, 1.8× the median. (14 countries reporting)
Biggest year-on-year movements
Years where PPG, IDA in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1534.7% | 5.56 million DOD, current US$ | 90.94 million DOD, current US$ |
| 1996 | +91.4% | 90.94 million DOD, current US$ | 174.05 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 192.62 million DOD, current US$ | 5.56 million DOD, current US$ | 352.10 million DOD, current US$ | 6 |
| 2000s | 751.84 million DOD, current US$ | 388.29 million DOD, current US$ | 1.16 billion DOD, current US$ | 10 |
| 2010s | 1.15 billion DOD, current US$ | 1.01 billion DOD, current US$ | 1.28 billion DOD, current US$ | 10 |
| 2020s | 815.57 million DOD, current US$ | 648.66 million DOD, current US$ | 996.39 million DOD, current US$ | 5 |
Countries ranked near Armenia
- 37 Kyrgyzstan 749.70 million DOD, current US$ compare
- 38 Guinea 700.20 million DOD, current US$ compare
- 39 Bolivia 700.04 million DOD, current US$ compare
- 41 Cape Verde 581.94 million DOD, current US$ compare
- 42 Papua New Guinea 580.78 million DOD, current US$ compare
- 43 Congo 523.90 million 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 ppg, ida in Armenia?
- Ppg, ida in Armenia was 648.66 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Armenia?
- The highest recorded value was 1.28 billion DOD, current US$ in 2013.
- What is the lowest ppg, ida recorded in Armenia?
- The lowest recorded value was 5.56 million DOD, current US$ in 1994.
- How does Armenia rank for ppg, ida?
- Armenia ranks 40th out of 105 countries with data for 2024.
- Is ppg, ida rising or falling in Armenia?
- Over the last ten years it is down 45.9%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of PPG, IDA (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.