External debt — all countries

External debt — Armenia

External debt in Armenia in 2024 — 16,396,165,489 US$. Ranked 69 in the world out of 118. Since 1993, the indicator has risen by 12,143.1%.

2024 16.4B US$ +3.52% vs 2023
World rank 69of 118
Period maximum 16.4B US$2024
Period minimum 134M US$1993

Trend over time

1993–2024 · US$

External debt — Armenia, 1993–202405B10B15B20B1993199720012005200920132017202120241993: 133,922,025 US$1994: 214,328,549 US$1995: 370,656,928 US$1996: 520,544,050 US$1997: 638,485,620 US$1998: 804,242,113 US$1999: 1,022,596,080 US$2000: 1,018,418,174 US$2001: 1,410,424,531 US$2002: 1,719,549,290 US$2003: 1,996,130,970 US$2004: 2,107,914,571 US$2005: 1,969,824,793 US$2006: 2,138,883,503 US$2007: 3,081,934,925 US$2008: 3,612,490,093 US$2009: 4,934,959,250 US$2010: 6,307,170,669 US$2011: 7,410,792,665 US$2012: 7,640,566,516 US$2013: 8,681,090,391 US$2014: 8,555,656,187 US$2015: 8,831,021,221 US$2016: 9,855,623,087 US$2017: 10,228,295,739 US$2018: 10,725,730,269 US$2019: 11,884,488,146 US$2020: 13,061,785,396 US$2021: 14,039,607,363 US$2022: 15,931,152,888 US$2023: 15,838,832,193 US$2024: 16,396,165,489 US$
Change over the period: +16.26B (+12,143.07%) Average annual rate: 16.78 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 16.4B US$
Upper-middle-income countries computed 6.08T US$
External debt — Armenia, by year Armenia All countries CSV XLSX
Year US$ Change Change, %
2024 16.4B +557M +3.52%
2023 15.84B −92.32M −0.58%
2022 15.93B +1.89B +13.47%
2021 14.04B +978M +7.49%
2020 13.06B +1.18B +9.91%
2019 11.88B +1.16B +10.8%
2018 10.73B +497M +4.86%
2017 10.23B +373M +3.78%
2016 9.86B +1.02B +11.6%
2015 8.83B +275M +3.22%
2014 8.56B −125M −1.44%
2013 8.68B +1.04B +13.62%
2012 7.64B +230M +3.1%
2011 7.41B +1.1B +17.5%
2010 6.31B +1.37B +27.81%
2009 4.93B +1.32B +36.61%
2008 3.61B +531M +17.22%
2007 3.08B +943M +44.09%
2006 2.14B +169M +8.58%
2005 1.97B −138M −6.55%
2004 2.11B +112M +5.6%
2003 2B +277M +16.08%
2002 1.72B +309M +21.92%
2001 1.41B +392M +38.49%
2000 1.02B −4.18M −0.41%
1999 1.02B +218M +27.15%
1998 804M +166M +25.96%
1997 638M +118M +22.66%
1996 521M +150M +40.44%
1995 371M +156M +72.94%
1994 214M +80.41M +60.04%
1993 134M

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.