Armenia: Short-term external debt

* indicates monthly or quarterly data series
 Armenia

Short-term debt, percent of total external debt

 Latest value 22.17
 Year 2024
 Measure percent
 Data availability 1993 - 2024
 Average 10.62
 Min - Max 0.01 - 22.17
 Source The World Bank
 Available for Data download
The latest value from 2024 is 22.17 percent, an increase from 19.62 percent in 2023. In comparison, the world average is 23.55 percent, based on data from 104 countries. Historically, the average for Armenia from 1993 to 2024 is 10.62 percent. The minimum value, 0.01 percent, was reached in 1993 while the maximum of 22.17 percent was recorded in 2024. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Armenia: Short-term external debt
 2024 22.17
 2023 19.62
 2022 20.35
 2021 10.85
 2020 12.27
 2019 13.42
 2018 10.57
 2017 8.69




Definition: External debt with of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total external debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 108.30 2024 percent
 Trade openness 101.71 2025 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 48.10 2025 percent
 Exports, billion dollars 14.07 2025 billion U.S. dollars
 Growth of exports -30.50 2025 percent
 Imports, percent of GDP 53.61 2025 percent
 Imports, billion dollars 15.68 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.07 2025 percent
 Foreign Direct Investment, billion dollars 0.13 2024 billion U.S. dollars
 Portfolio investment inflows, equities -2.10 2024 million dollars (current)
 Current account, percent of GDP -7.22 2025 percent
 Current account, in dollars -2.11 2025 billion U.S. dollars
 Trade balance, percent of GDP -5.51 2025 percent
 Trade balance, in dollars -0.73 2024 billion U.S. dollars
 Reserves 5.09 2025 billion U.S. dollars
 Remittances, percent of GDP 4.92 2024 percent
 Remittances 1,432.97 2025 million U.S. dollars
 Net errors and omissions 816.01 2025 million USD
 External debt 64.42 2024 percent
 Short-term external debt 22.17 2024 percent
 Short-term debt to reserves 100.59 2024 percent
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