Total debt service in Armenia
Armenia: Total debt service was 11.8% in 2023. ◆ Volatile
Latest (2023)
11.8%
Change on year
up 12.9%
World rank
13th
of 119 countries
All-time high
17.3%
in 2013
All-time low
0.2%
in 1993
Years of data
31
1993–2023
Total debt service in Armenia, 1993–2023
Source: UNESCO Institute for Statistics. Measured in % of GNI.
Analysis
Armenia recorded 11.8% for total debt service in 2023.
That represents a change of up 12.9% on the previous year and down 31.7% over ten years.
Over the whole period, total debt service in Armenia peaked at 17.3% in 2013 and was at its lowest, 0.2%, in 1993.
Armenia ranks 13th of 119 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Armenia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1993 | 0.2% | — |
| 1994 | 0.3% | +103.1% |
| 1995 | 0.7% | +120.8% |
| 1996 | 2.6% | +247.8% |
| 1997 | 1.4% | -46.9% |
| 1998 | 3.1% | +127.8% |
| 1999 | 3.3% | +5.7% |
| 2000 | 2.5% | -26.1% |
| 2001 | 2.6% | +4.6% |
| 2002 | 3.4% | +31.0% |
| 2003 | 4.3% | +27.5% |
| 2004 | 4.6% | +8.1% |
| 2005 | 2.8% | -39.8% |
| 2006 | 2.3% | -16.8% |
| 2007 | 2.0% | -13.3% |
| 2008 | 3.0% | +48.5% |
| 2009 | 4.7% | +57.6% |
| 2010 | 10.0% | +112.0% |
| 2011 | 8.9% | -10.6% |
| 2012 | 10.7% | +19.5% |
| 2013 | 17.3% | +62.7% |
| 2014 | 11.8% | -31.7% |
| 2015 | 14.1% | +18.9% |
| 2016 | 13.5% | -3.9% |
| 2017 | 12.0% | -11.2% |
| 2018 | 13.2% | +9.6% |
| 2019 | 15.0% | +14.0% |
| 2020 | 15.6% | +3.8% |
| 2021 | 14.1% | -9.3% |
| 2022 | 10.5% | -25.8% |
| 2023 | 11.8% | +12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 0.2% | 3.3% | 7 |
| 2000s | 3.2% | 2.0% | 4.7% | 10 |
| 2010s | 12.7% | 8.9% | 17.3% | 10 |
| 2020s | 13.0% | 10.5% | 15.6% | 4 |
Countries ranked near Armenia
More population data for Armenia
- Population regions with projections, annual growth rate -0.7088 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.04 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7088 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1.25 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 2,573 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.1788 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7673 % change on previous year (2100)
- Population growth rate -0.714 (2100)
- Population density 59.44 (2100)
- Projected population under age 5 69,060 (2100)
Frequently asked questions
- What is total debt service in Armenia?
- Total debt service in Armenia was 11.8% in 2023, according to UNESCO Institute for Statistics.
- What is the highest total debt service recorded in Armenia?
- The highest recorded value was 17.3% in 2013.
- What is the lowest total debt service recorded in Armenia?
- The lowest recorded value was 0.2% in 1993.
- How does Armenia rank for total debt service?
- Armenia ranks 13th out of 119 countries with data for 2023.
- Is total debt service rising or falling in Armenia?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release