Armenia External Debt: Short Term: % of GDP
Key information about Armenia External Debt: Short Term: % of GDP
- Armenia External Debt: Short Term accounted for 14.3 % of the country's Nominal GDP in 2024, compared with the ratio of 12.9 % in the previous year.
- Armenia External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2000 to 2024.
- The data reached an all-time high of 19.1 % in 2000 and a record low of 4.5 % in 2008.
CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Monetary Authorities, Banks and Other Sectors. The Central Bank of Armenia provides Short Term External Debt in USD. The Statistical Committee of the Republic of Armenia provides Nominal GDP in local currency based on SNA 2008. The Central Bank of Armenia average market exchange rate is used for currency conversions. Short Term External Debt as % of Nominal GDP prior to 2012 is calculated from Nominal GDP based on SNA 1993.
Related information about Armenia External Debt: Short Term: % of GDP
- In the latest reports of Armenia, Current Account recorded a deficit of 478.7 USD mn in Jun 2025.
- Foreign Direct Investment (FDI) increased by 66.5 USD mn in Jun 2025.
- Armenia Direct Investment Abroad fell by 151.4 USD mn in Jun 2025.
- Its Foreign Portfolio Investment fell by 5.2 USD mn in Jun 2025.
- Armenia External Debt: Short Term value stood at 4.3 USD bn in Dec 2024.
- The country's Nominal GDP was reported at 8.0 USD bn in Sep 2025.
View Armenia's External Debt: Short Term: % of GDP from 2000 to 2024 in the chart:
What was Armenia's External Debt: Short Term: % of GDP in 2024?
Armenia External Debt: Short Term accounted for 14.3 % of the country's Nominal GDP in 2024, compared with the ratio of 12.9 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 14.3 2024 | 12.9 2023 | 4.5 2008 | 19.1 2000 | % | yearly | 2000 - 2024 |
External Debt: Short Term: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 3.8 2024 | yearly | 1991 - 2024 |
| Algeria (%) | 0.7 2024 | yearly | 1977 - 2024 |
| Argentina (%) | 13.1 2024 | yearly | 2003 - 2024 |
| Armenia (%) | 14.3 2024 | yearly | 2000 - 2024 |
| Australia (%) | 27.2 2024 | yearly | 1988 - 2024 |
| Austria (%) | 45.4 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 0.8 2023 | yearly | 1993 - 2023 |
| Bangladesh (%) | 3.1 2025 | yearly | 2012 - 2025 |
| Belarus (%) | 14.1 Jun 2025 | quarterly | Dec 2000 - Jun 2025 |
| Belgium (%) | 101.4 2024 | yearly | 2007 - 2024 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 10.5 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 1.5 2023 | yearly | 1994 - 2023 |
| Brazil (%) | 3.9 2024 | yearly | 1999 - 2024 |
| Bulgaria (%) | 9.6 2024 | yearly | 1999 - 2024 |
| Canada (%) | 55.0 2024 | yearly | 1990 - 2024 |
| Chile (%) | 7.1 2024 | yearly | 1971 - 2024 |
| China (%) | 7.2 2024 | yearly | 1985 - 2024 |
| Colombia (%) | 8.3 2024 | yearly | 1970 - 2024 |
| Croatia (%) | 20.7 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 165.4 2024 | yearly | 2008 - 2024 |
| Czech Republic (%) | 32.5 2024 | yearly | 1995 - 2024 |
| Denmark (%) | 66.5 2024 | yearly | 2005 - 2024 |
| Ecuador (%) | 0.2 2024 | yearly | 1970 - 2024 |
| Egypt (%) | 8.5 2025 | yearly | 1990 - 2025 |
| Estonia (%) | 29.1 2024 | yearly | 1996 - 2024 |
| Finland (%) | 72.1 2024 | yearly | 1991 - 2024 |
| France (%) | 109.8 2024 | yearly | 2004 - 2024 |
| Georgia (%) | 14.3 2024 | yearly | 2006 - 2024 |
| Germany (%) | 52.5 2024 | yearly | 2004 - 2024 |
| Greece (%) | 76.6 2024 | yearly | 2003 - 2024 |
| Hong Kong SAR, China (%) | 279.6 2024 | yearly | 2001 - 2024 |
| Hungary (%) | 14.0 2024 | yearly | 1995 - 2024 |
| Iceland (%) | 8.3 2024 | yearly | 1989 - 2024 |
| India (%) | 3.5 2025 | yearly | 1990 - 2025 |
| Indonesia (%) | 4.4 2024 | yearly | 2003 - 2024 |
| Iran (%) | 0.5 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 217.6 2024 | yearly | 2002 - 2024 |
| Israel (%) | 9.0 2024 | yearly | 2000 - 2024 |
| Italy (%) | 40.3 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 3.7 2023 | yearly | 1970 - 2023 |
| Japan (%) | 82.4 2024 | yearly | 2003 - 2024 |
| Jordan (%) | 34.3 2024 | yearly | 2000 - 2024 |
| Kazakhstan (%) | 6.7 2024 | yearly | 1992 - 2024 |
| Kenya (%) | 2.6 2023 | yearly | 1996 - 2023 |
| South Korea (%) | 7.8 2024 | yearly | 1994 - 2024 |
| Kosovo (%) | 14.3 2024 | yearly | 2007 - 2024 |
| Kyrgyzstan (%) | 10.6 2024 | yearly | 2003 - 2024 |
| Latvia (%) | 40.4 2024 | yearly | 2000 - 2024 |
| Lithuania (%) | 38.5 2024 | yearly | 2004 - 2024 |
| Luxembourg (%) | 1,131.4 2024 | yearly | 2002 - 2024 |
| North Macedonia (%) | 19.4 2024 | yearly | 2004 - 2024 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 29.8 2024 | yearly | 2009 - 2024 |
| Malta (%) | 165.0 2024 | yearly | 2004 - 2024 |
| Mauritius (%) | 76.0 2024 | yearly | 2009 - 2024 |
| Mexico (%) | 3.4 2024 | yearly | 2002 - 2024 |
| Moldova (%) | 13.8 2024 | yearly | 2000 - 2024 |
| Mongolia (%) | 8.6 2024 | yearly | 1992 - 2024 |
| Montenegro (%) | 2.3 2023 | yearly | 2007 - 2023 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 4.5 2023 | yearly | 1984 - 2023 |
| Myanmar (%) | 0.1 2023 | yearly | 2018 - 2023 |
| Netherlands (%) | 142.8 2024 | yearly | 2003 - 2024 |
| New Zealand (%) | 33.5 2024 | yearly | 2000 - 2024 |
| Nigeria (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Norway (%) | 55.7 2024 | yearly | 2012 - 2024 |
| Pakistan (%) | 0.8 2025 | yearly | 2006 - 2025 |
| Palestinian Territory (%) | 5.3 2024 | yearly | 2012 - 2024 |
| Panama (%) | 59.9 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 3.2 2024 | yearly | 1980 - 2024 |
| Philippines (%) | 4.5 2024 | yearly | 2005 - 2024 |
| Poland (%) | 9.2 2024 | yearly | 2004 - 2024 |
| Portugal (%) | 59.2 2024 | yearly | 1996 - 2024 |
| Romania (%) | 13.3 2024 | yearly | 2004 - 2024 |
| Russia (%) | 5.4 2024 | yearly | 2001 - 2024 |
| Serbia (%) | 1.2 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 256.0 2024 | yearly | 2003 - 2024 |
| Slovakia (%) | 43.1 2024 | yearly | 2006 - 2024 |
| Slovenia (%) | 31.5 2024 | yearly | 1995 - 2024 |
| South Africa (%) | 9.2 2024 | yearly | 1994 - 2024 |
| Spain (%) | 61.0 2024 | yearly | 2000 - 2024 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 55.2 2024 | yearly | 1997 - 2024 |
| Switzerland (%) | 118.2 2024 | yearly | 1999 - 2024 |
| Taiwan (%) | 25.0 2024 | yearly | 1999 - 2024 |
| Tajikistan (%) | 5.6 2023 | yearly | 1993 - 2023 |
| Thailand (%) | 16.4 2024 | yearly | 1980 - 2024 |
| Tunisia (%) | 32.9 2024 | yearly | 2002 - 2024 |
| Turkey (%) | 13.3 2024 | yearly | 1995 - 2024 |
| Ukraine (%) | 5.4 2023 | yearly | 2009 - 2023 |
| United Kingdom (%) | 190.7 2024 | yearly | 1979 - 2024 |
| United States (%) | 29.7 2024 | yearly | 2003 - 2024 |
| Uruguay (%) | 10.4 2024 | yearly | 1999 - 2024 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 8.1 2023 | yearly | 1985 - 2023 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
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Learn more about what we doArmenia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.4 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -50.335 Sep 2025 | monthly | Jan 2008 - Sep 2025 |
| Tax Revenue (USD mn) | 572.039 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 19.2 Dec 2024 | quarterly | Mar 2008 - Dec 2024 |
| National Government Debt (USD mn) | 14,204.4 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Government Debt: % of GDP (%) | 50.0 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Forecast: Government Expenditure (AMD bn) | 4,531.323 2030 | yearly | 2005 - 2030 |
| Forecast: Government Net Debt (AMD bn) | 8,541.739 2030 | yearly | 1996 - 2030 |
| Forecast: Government Revenue (AMD bn) | 4,103.654 2030 | yearly | 1993 - 2030 |
| Central Government Debt: Short Term (AMD bn) | 136.704 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Central Government Debt: Mid Term (AMD bn) | 1,021.808 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Central Government Debt: Long Term (AMD bn) | 4,075.061 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Consolidated Government Budget: Revenue and Grants (AMD mn) | 724,472.900 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Consolidated Government Budget: Balance (AMD mn) | -43,126.000 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 2,413,580.800 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Expenditure: ytd (AMD mn) | 2,955,267.300 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Balance: ytd (AMD mn) | -376,088.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 755,867.300 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Deficit Financing: ytd (AMD mn) | 376,088.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 146,547.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: RT: Revenue: Tax, Government Duties & Compulsory Social Insur... (AMD mn) | 2,390,895.000 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 557,751.700 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: ytd: RT: Revenue (AMD mn) | 2,552,483.800 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| State Budget: Revenue and Official Transfers: ytd (AMD mn) | 2,579,178.600 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Central Government Debt: External (AMD bn) | 2,559.458 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt: % Nominal GDP (%) | 46.700 2022 | yearly | 1999 - 2022 |
| Central Government Debt: Domestic (AMD bn) | 2,533.260 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Central Government Debt (AMD bn) | 5,092.719 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
| Trade Balance (USD mn) | -449.2 Oct 2025 | monthly | Nov 1995 - Oct 2025 |
| Total Exports (USD mn) | 744.4 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Total Exports Growth (%) | -21.3 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Aluminum: Exports (USD th) | 86,898.354 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 22,901.345 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 25,499.495 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 1,193.6 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Total Imports Growth (%) | -11.9 Oct 2025 | monthly | Jan 2001 - Oct 2025 |
| Imports: Medicament (USD th) | 211,653.297 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 86,362.244 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 3.754 Sep 2025 | monthly | Jun 1996 - Sep 2025 |
| Total Imports from USA (USD mn) | 21.361 Sep 2025 | monthly | Jan 1993 - Sep 2025 |
| Total Exports to China (USD mn) | 60.977 Sep 2025 | monthly | Dec 1998 - Sep 2025 |
| Total Imports from China (USD mn) | 160.921 Sep 2025 | monthly | Jun 1998 - Sep 2025 |
| Trade Balance: ytd (USD mn) | -412.900 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
| Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
| Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
| Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
| Exports: ow China (USD mn) | 38.102 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Exports: ow Iran (USD mn) | 8.941 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Exports: ow United States (USD mn) | 3.908 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Exports: ow Bulgaria (USD mn) | 1.604 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Exports: ow Russian Federation (USD mn) | 166.665 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
| Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
| Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
| Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
| Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
| Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
| Imports: ow Russian Federation (USD mn) | 288.834 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Imports: ow United States (USD mn) | 20.544 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Imports: ow Iran (USD mn) | 59.535 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Aug 2025 | monthly | Jan 2005 - Aug 2025 |
| Household Debt: % of GDP (%) | 32.5 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Non-Performing Loans (USD mn) | 633.698 Sep 2025 | monthly | Dec 2008 - Sep 2025 |
| Money Supply M1 (USD mn) | 6,356.078 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| Money Supply M2 (USD mn) | 11,748.656 Sep 2025 | monthly | Jan 2002 - Sep 2025 |
| M2 Growth (%) | 22.1 Sep 2025 | monthly | Jan 2003 - Sep 2025 |
| Reserve Requirement Ratio (%) | 8.0 2024 | yearly | 2008 - 2024 |
| Foreign Exchange Reserves (USD mn) | 4,277.4 Sep 2025 | monthly | Dec 1993 - Sep 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 15.307 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.4 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Gold Reserves (USD mn) | 0.000 Sep 2025 | monthly | Dec 1992 - Sep 2025 |
| Total Deposits (USD mn) | 18,090.499 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Deposits Growth (%) | 16.1 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Domestic Credit (USD mn) | 23,470.6 Sep 2025 | monthly | Dec 1993 - Sep 2025 |
| Domestic Credit Growth (%) | 21.7 Sep 2025 | monthly | Dec 1994 - Sep 2025 |
| Household Debt (USD mn) | 9,230.9 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Loans (USD mn) | 19,426.291 Sep 2025 | monthly | Jan 2000 - Sep 2025 |
| Total Loans Growth (%) | 26.57 Sep 2025 | monthly | Jan 2001 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 62.22 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Money Supply: sa: M2 (AMD mn) | 3,748,218.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Money Supply: M2X: M2 (AMD mn) | 3,930,096.817 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: M2X: M2: M1 (AMD mn) | 2,220,585.771 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: sa: M1 (AMD mn) | 2,114,687.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Monetary Base: sa (AMD mn) | 1,756,053.000 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 802,653.207 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Money Supply: M2X (AMD mn) | 5,759,728.723 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| International Reserves: USD: Gold (USD mn) | 0.000 Feb 2025 | monthly | Sep 2003 - Feb 2025 |
| International Reserves: USD (USD mn) | 3,371.459 Feb 2025 | monthly | Jan 2003 - Feb 2025 |
| Commercial Banks Credit (AMD mn) | 6,543,283.143 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Commercial Banks Credit: Residents: Enterprise (AMD mn) | 2,675,177.225 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Commercial Banks Credit: Residents: Households (AMD mn) | 3,150,587.326 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
More Indicators for Armenia
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