Foreign debt rose 6.02% to USD 12,600 bil in Armenia in 2020, according to the National Statistical Office.
Historically, foreign debt in Armenia reached an all time high of USD 12,600 bil in 2020 and an all time low of USD 134 bil in 1993. When compared to Armenia's main peers, foreign debt in Azerbaijan amounted to USD 15,812 bil, USD 20,089 bil in Georgia, USD 5,433 bil in Iran and USD 441,150 bil in Turkey in 2020.
Armenia has been ranked 65th within the group of 114 countries we follow in terms of foreign debt, 5 places below the position seen 10 years ago.
Foreign Debt (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Armenia | USD bil | 8,831 | 9,856 | 10,228 | 10,726 | 11,884 | ||||||||||||||||
Azerbaijan | USD bil | 13,319 | 14,590 | 15,301 | 16,211 | 15,843 | ||||||||||||||||
Bulgaria | USD bil | 40,379 | 39,994 | 40,989 | 40,103 | 40,501 | ||||||||||||||||
Georgia | USD bil | 14,875 | 16,320 | 16,424 | 17,326 | 18,757 | ||||||||||||||||
Greece | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iran | USD bil | 6,456 | 6,058 | 6,819 | 5,774 | 4,855 | ||||||||||||||||
Iraq | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19,127 | 23,359 | 28,103 | 27,790 | 27,468 | ||
Pakistan | USD bil | 68,614 | 75,052 | 91,662 | 99,224 | 107,883 | ||||||||||||||||
Russia | USD bil | 492,191 | 535,225 | 519,203 | 477,785 | 485,793 | ||||||||||||||||
Turkey | USD bil | 400,058 | 410,026 | 457,282 | 447,923 | 444,540 | ||||||||||||||||
Turkmenistan | USD bil | 7,004 | 8,167 | 8,650 | 8,160 | 6,516 |