Public and publicly guaranteed debt service in Armenia
Armenia: Public and publicly guaranteed debt service was 2.3% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Armenia, 1993–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Armenia recorded 2.3% for public and publicly guaranteed debt service in 2024.
Compared with earlier readings it is down 24.8% on the previous year and up 143.5% over ten years.
Over the whole period, public and publicly guaranteed debt service in Armenia peaked at 5.5% in 2019 and was at its lowest, 0.2%, in 1993.
That places Armenia 56th out of 123 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.
Public and publicly guaranteed debt service in Armenia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 0.2% | — |
| 1994 | 0.3% | +108.3% |
| 1995 | 0.6% | +87.1% |
| 1996 | 2.4% | +279.4% |
| 1997 | 1.2% | -52.0% |
| 1998 | 2.8% | +146.6% |
| 1999 | 2.1% | -26.1% |
| 2000 | 1.1% | -46.3% |
| 2001 | 1.9% | +64.7% |
| 2002 | 2.0% | +5.7% |
| 2003 | 2.5% | +25.3% |
| 2004 | 1.6% | -34.2% |
| 2005 | 0.5% | -69.9% |
| 2006 | 0.4% | -19.9% |
| 2007 | 0.3% | -29.6% |
| 2008 | 0.2% | -23.3% |
| 2009 | 0.5% | +131.8% |
| 2010 | 0.6% | +23.9% |
| 2011 | 0.6% | +4.2% |
| 2012 | 0.7% | +5.2% |
| 2013 | 4.9% | +636.7% |
| 2014 | 0.9% | -81.0% |
| 2015 | 3.3% | +251.0% |
| 2016 | 1.8% | -44.6% |
| 2017 | 1.9% | +6.4% |
| 2018 | 2.4% | +22.7% |
| 2019 | 5.5% | +131.1% |
| 2020 | 3.9% | -29.5% |
| 2021 | 2.9% | -25.0% |
| 2022 | 2.2% | -24.2% |
| 2023 | 3.0% | +37.5% |
| 2024 | 2.3% | -24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4% | 0.2% | 2.8% | 7 |
| 2000s | 1.1% | 0.2% | 2.5% | 10 |
| 2010s | 2.3% | 0.6% | 5.5% | 10 |
| 2020s | 2.8% | 2.2% | 3.9% | 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)
- 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)
- 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 2.3% 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 5.5% in 2019.
- What is the lowest public and publicly guaranteed debt service recorded in Armenia?
- The lowest recorded value was 0.2% in 1993.
- How does Armenia rank for public and publicly guaranteed debt service?
- Armenia ranks 56th out of 123 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 143.5%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.