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Armenia - External Debt to GNI 2025

External debt stocks as % of GNI · World Bank
50.94% −15.04pp from 2024 Global rank: 39th

Armenia's external debt to gni was 50.94% in 2025, decreased +15.04pp from 65.99% in 2024. This was the 39th highest globally.

Global Ranking - 2025▾
External Debt to GNI by Country - 2025
RankCountryValueYoY
1st Lebanon 461.43% 39.1%
2nd Mozambique 320.48% -8.6%
3rd Senegal 169.05% 12.2%
4th Mongolia 150.69% -17.1%
5th Suriname 134.69% 4.3%
6th Mauritius 133.12% 8.1%
7th Lao PDR 123.32% 6.9%
8th Bhutan 113.44% -0.9%
9th Ukraine 105.48% 4.2%
10th Jordan 89.12% -1.1%
11th Rwanda 88.91% -5.3%
12th Zambia 87.07% -23.8%
13th Dominica 85.14% 3.4%
14th North Macedonia 81.87% 0.9%
15th Djibouti 79.46% -5.2%
16th Fiji 76.55% 7.2%
17th Tunisia 75.71% -2.6%
18th Nicaragua 74.95% -9.5%
19th St. Vincent and the Grenadines 73.87% 5.1%
20th Cabo Verde 73.60% -15.3%
21st El Salvador 71.68% -4.9%
22nd Benin 70.23% 5.5%
23rd Paraguay 69.68% -0.1%
24th Montenegro 68.63% -36.8%
25th Guinea-Bissau 68.46% 2.0%
26th Sri Lanka 66.15% 12.3%
27th Jamaica 65.32% -14.1%
28th Gambia, The 64.57% -2.7%
29th Lesotho 64.56% -1.2%
30th Grenada 63.85% -6.9%
31st Uzbekistan 61.79% 2.1%
32nd Serbia 61.20% -1.7%
33rd Georgia 61.19% -23.2%
34th Maldives 57.66% -23.7%
35th Moldova 57.32% 0.3%
36th Nigeria 56.57% -5.8%
37th Kyrgyz Republic 51.94% -25.0%
38th Côte d'Ivoire 51.38% 5.2%
39th Armenia 50.94% -22.8%
40th Liberia 50.36% -0.2%
41st Bulgaria 50.24% -8.9%
42nd Burundi 49.38% 4.8%
43rd Cambodia 49.25% 6.8%
44th Colombia 49.17% -0.1%
45th Kazakhstan 49.14% -21.5%
46th St. Lucia 48.89% -4.7%
47th Burkina Faso 48.54% -0.5%
48th Ghana 48.36% 3.1%
49th Tanzania 48.28% 2.0%
50th Ecuador 46.59% -6.4%
51st Egypt, Arab Republic of 45.10% 7.4%
52nd Morocco 43.65% -2.4%
53rd Angola 43.40% -45.5%
54th Togo 43.22% 0.1%
55th Bosnia and Herzegovina 42.02% -14.5%
56th South Africa 41.35% -7.8%
57th Dominican Republic 41.22% -9.1%
58th Madagascar 40.93% 4.4%
59th Belarus 39.81% -13.7%
60th Kosovo 39.34% 1.9%
61st Thailand 38.43% 2.5%
62nd Tonga 38.21% 7.8%
63rd Central African Republic 38.12% 6.3%
64th Uganda 37.71% -3.9%
65th Solomon Islands 37.66% 11.3%
66th Honduras 37.31% -10.8%
67th Kenya 36.55% 4.5%
68th Belize 36.37% -21.0%
69th Samoa 36.16% -3.7%
70th Vanuatu 35.87% -8.4%
71st Pakistan 35.34% -0.8%
72nd São Tomé and Principe 35.32% -17.4%
73rd Malawi 35.32% 0.2%
74th Congo, Republic of 34.90% -22.3%
75th Türkiye 34.74% -11.8%
76th Papua New Guinea 34.53% -17.6%
77th Peru 34.45% 0.6%
78th Sierra Leone 33.87% 8.8%
79th Albania 33.09% -16.7%
80th Gabon 31.82% -11.5%
81st Mauritania 31.42% -24.9%
82nd Zimbabwe 31.00% -6.0%
83rd Bolivia, Plurinational State of 30.97% -4.8%
84th Sudan 29.94% -34.0%
85th Cameroon 29.74% -4.9%
86th Niger 29.64% 7.7%
87th Eswatini 29.29% 5.5%
88th Viet Nam 28.14% -2.5%
89th Afghanistan 27.46% 38.0%
90th Argentina 26.84% -31.3%
91st Philippines 26.28% 0.1%
92nd Comoros 26.16% 5.4%
93rd Indonesia 26.10% -15.7%
94th Tajikistan 25.75% -31.1%
95th Mali 24.86% -0.4%
96th Brazil 24.62% -14.1%
97th Syrian Arab Republic 24.46% -3.4%
98th Mexico 24.11% -26.7%
99th Bangladesh 23.36% 5.0%
100th Nepal 23.35% 0.3%
101st Guinea 21.53% -7.2%
102nd Guatemala 21.44% -11.6%
103rd Guyana 19.53% -13.7%
104th Congo, Democratic Republic of 18.17% -0.4%
105th India 17.10% -8.0%
106th Myanmar 16.58% 8.5%
107th Timor-Leste 15.74% 2.4%
108th Chad 13.68% -16.6%
109th Russian Federation 12.41% -26.0%
110th China 12.18% -6.3%
111th Botswana 11.79% -1.2%
112th Azerbaijan 10.30% -39.6%
113th Somalia, Fed. Rep. 8.39% -43.8%
114th Haiti 5.24% 39.9%
115th Iraq 3.23% -48.1%
116th Turkmenistan 2.96% -43.3%
117th Algeria 2.60% -2.6%
118th Iran, Islamic Republic of 2.38% 7.4%

FAQ

What was Armenia's external debt to gni in 2025?▾

Armenia's external debt to gni in 2025 was 50.94%. This ranked 39th globally.

How did Armenia's external debt to gni change in 2025?▾

Armenia's external debt to gni decreased by 22.8% in 2025 compared to 2024.

Which country had the highest external debt to gni in 2025?▾

Lebanon had the highest external debt to gni in 2025 at 461.43%.

What is the external debt to gni of Armenia in 2025?▾

The external debt to gni of Armenia in 2025 was 50.94%. This ranked 39th globally.

How does 2025 compare to 2024 for Armenia's external debt to gni?▾

Armenia's external debt to gni went from 65.99% in 2024 to 50.94% in 2025, a 22.8% decrease.

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