PPG, official creditors (NFL, US$), per unit of GDP in Armenia
Armenia: PPG, official creditors (NFL, US$), per unit of GDP was 0.008 NFL, US$ per US$ of GDP in 2024. ◆ Volatile
PPG, official creditors (NFL, US$), per unit of GDP in Armenia, 1993–2024
Source: Statizoid (derived). Measured in NFL, US$ per US$ of GDP.
Analysis
In 2024, ppg, official creditors (nfl, us$), per unit of gdp in Armenia stood at 0.008 NFL, US$ per US$ of GDP.
The figure is up 245.1% on the previous year and down 60.5% over ten years.
Over the whole period, ppg, official creditors (nfl, us$), per unit of gdp in Armenia peaked at 0.1064 NFL, US$ per US$ of GDP in 2009 and was at its lowest, -0.0273 NFL, US$ per US$ of GDP, in 2013.
Armenia ranks 54th 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.
PPG, official creditors (NFL, US$), per unit of GDP in Armenia, year by year
| Year | NFL, US$ per US$ of GDP | Change |
|---|---|---|
| 1993 | 0.0722 NFL, US$ per US$ of GDP | — |
| 1994 | 0.046 NFL, US$ per US$ of GDP | -36.3% |
| 1995 | 0.0678 NFL, US$ per US$ of GDP | +47.3% |
| 1996 | 0.071 NFL, US$ per US$ of GDP | +4.7% |
| 1997 | 0.0613 NFL, US$ per US$ of GDP | -13.6% |
| 1998 | 0.0354 NFL, US$ per US$ of GDP | -42.2% |
| 1999 | 0.0376 NFL, US$ per US$ of GDP | +6.0% |
| 2000 | 0.0259 NFL, US$ per US$ of GDP | -31.0% |
| 2001 | 0.0279 NFL, US$ per US$ of GDP | +7.4% |
| 2002 | 0.0269 NFL, US$ per US$ of GDP | -3.3% |
| 2003 | 0.0159 NFL, US$ per US$ of GDP | -40.9% |
| 2004 | 0.0121 NFL, US$ per US$ of GDP | -24.2% |
| 2005 | 0.007 NFL, US$ per US$ of GDP | -41.9% |
| 2006 | 0.0103 NFL, US$ per US$ of GDP | +47.0% |
| 2007 | 0.0207 NFL, US$ per US$ of GDP | +100.3% |
| 2008 | 0.0128 NFL, US$ per US$ of GDP | -38.0% |
| 2009 | 0.1064 NFL, US$ per US$ of GDP | +730.0% |
| 2010 | 0.0188 NFL, US$ per US$ of GDP | -82.3% |
| 2011 | 0.0173 NFL, US$ per US$ of GDP | -8.2% |
| 2012 | 0.0227 NFL, US$ per US$ of GDP | +31.2% |
| 2013 | -0.0273 NFL, US$ per US$ of GDP | -220.5% |
| 2014 | 0.0204 NFL, US$ per US$ of GDP | -174.6% |
| 2015 | 0.0382 NFL, US$ per US$ of GDP | +87.1% |
| 2016 | 0.0495 NFL, US$ per US$ of GDP | +29.8% |
| 2017 | 0.0501 NFL, US$ per US$ of GDP | +1.1% |
| 2018 | 0.0167 NFL, US$ per US$ of GDP | -66.6% |
| 2019 | 0.015 NFL, US$ per US$ of GDP | -10.6% |
| 2020 | -0.0067 NFL, US$ per US$ of GDP | -144.5% |
| 2021 | 0.0084 NFL, US$ per US$ of GDP | -226.1% |
| 2022 | 0.0112 NFL, US$ per US$ of GDP | +33.4% |
| 2023 | 0.0023 NFL, US$ per US$ of GDP | -79.2% |
| 2024 | 0.008 NFL, US$ per US$ of GDP | +245.1% |
Armenia compared with similar countries
- Armenia's 0.008 NFL, US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0035 NFL, US$ per US$ of GDP, 2.3× the median. (52 countries reporting)
- Armenia's 0.008 NFL, US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0039 NFL, US$ per US$ of GDP, 2.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors (NFL, US$), per unit of GDP in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +730.0% | 0.0128 NFL, US$ per US$ of GDP | 0.1064 NFL, US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0559 NFL, US$ per US$ of GDP | 0.0354 NFL, US$ per US$ of GDP | 0.0722 NFL, US$ per US$ of GDP | 7 |
| 2000s | 0.0266 NFL, US$ per US$ of GDP | 0.007 NFL, US$ per US$ of GDP | 0.1064 NFL, US$ per US$ of GDP | 10 |
| 2010s | 0.0221 NFL, US$ per US$ of GDP | -0.0273 NFL, US$ per US$ of GDP | 0.0501 NFL, US$ per US$ of GDP | 10 |
| 2020s | 0.0047 NFL, US$ per US$ of GDP | -0.0067 NFL, US$ per US$ of GDP | 0.0112 NFL, US$ per US$ of GDP | 5 |
Countries ranked near Armenia
- 51 Nicaragua 0.0089 NFL, US$ per US$ of GDP compare
- 52 Honduras 0.0086 NFL, US$ per US$ of GDP compare
- 53 Guinea 0.0084 NFL, US$ per US$ of GDP compare
- 55 Congo, Democratic Republic of the 0.0073 NFL, US$ per US$ of GDP compare
- 56 El Salvador 0.0072 NFL, US$ per US$ of GDP compare
- 57 Kosovo 0.0071 NFL, US$ per US$ of GDP 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, official creditors (nfl, us$), per unit of gdp in Armenia?
- Ppg, official creditors (nfl, us$), per unit of gdp in Armenia was 0.008 NFL, US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ppg, official creditors (nfl, us$), per unit of gdp recorded in Armenia?
- The highest recorded value was 0.1064 NFL, US$ per US$ of GDP in 2009.
- What is the lowest ppg, official creditors (nfl, us$), per unit of gdp recorded in Armenia?
- The lowest recorded value was -0.0273 NFL, US$ per US$ of GDP in 2013.
- How does Armenia rank for ppg, official creditors (nfl, us$), per unit of gdp?
- Armenia ranks 54th out of 122 countries with data for 2024.
- Is ppg, official creditors (nfl, us$), per unit of gdp rising or falling in Armenia?
- Over the last ten years it is down 60.5%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Statizoid (derived), published as part of PPG, official creditors (NFL, US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
PPG, official creditors (NFL, US$) ÷ GDP (current US$)
Computed from
- PPG, official creditors International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
PPG, official creditors (NFL, US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.