Public and publicly guaranteed debt service in Armenia
Armenia: Public and publicly guaranteed debt service was 2.9% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Armenia, 1995–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Armenia recorded 2.9% for public and publicly guaranteed debt service in 2024.
That represents a change of down 37.1% on the previous year and up 14.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Armenia peaked at 13.1% in 2013 and was at its lowest, 0.8%, in 2008.
Armenia ranks 98th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Armenia, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1995 | 2.7% | — |
| 1996 | 8.8% | +230.1% |
| 1997 | 4.2% | -52.0% |
| 1998 | 12.0% | +184.4% |
| 1999 | 8.3% | -30.6% |
| 2000 | 4.0% | -52.2% |
| 2001 | 6.1% | +52.8% |
| 2002 | 5.5% | -10.3% |
| 2003 | 6.2% | +13.8% |
| 2004 | 4.0% | -35.9% |
| 2005 | 1.3% | -67.9% |
| 2006 | 1.1% | -11.5% |
| 2007 | 0.9% | -19.6% |
| 2008 | 0.8% | -7.1% |
| 2009 | 1.8% | +113.6% |
| 2010 | 1.8% | -0.1% |
| 2011 | 1.7% | -3.6% |
| 2012 | 1.8% | +4.5% |
| 2013 | 13.1% | +619.4% |
| 2014 | 2.5% | -80.9% |
| 2015 | 8.9% | +257.9% |
| 2016 | 4.4% | -50.4% |
| 2017 | 4.2% | -4.4% |
| 2018 | 5.1% | +21.0% |
| 2019 | 11.3% | +119.9% |
| 2020 | 11.3% | +0.1% |
| 2021 | 7.2% | -36.6% |
| 2022 | 3.7% | -48.6% |
| 2023 | 4.6% | +24.1% |
| 2024 | 2.9% | -37.1% |
Armenia compared with similar countries
- Armenia's 2.9% is below the median for upper middle income countries, which is 7.4%, 39% of the median. (51 countries reporting)
- Armenia's 2.9% is below the median for Europe & Central Asia, which is 5.0%, 58% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service 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 |
|---|---|---|---|
| 2013 | +619.4% | 1.8% | 13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.2% | 2.7% | 12.0% | 5 |
| 2000s | 3.2% | 0.8% | 6.2% | 10 |
| 2010s | 5.5% | 1.7% | 13.1% | 10 |
| 2020s | 5.9% | 2.9% | 11.3% | 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -2,363 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Armenia?
- Public and publicly guaranteed debt service in Armenia was 2.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Armenia?
- The highest recorded value was 13.1% in 2013.
- What is the lowest public and publicly guaranteed debt service recorded in Armenia?
- The lowest recorded value was 0.8% in 2008.
- How does Armenia rank for public and publicly guaranteed debt service?
- Armenia ranks 98th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Armenia?
- Over the last ten years it is up 14.9%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.