Global Development Finance 2011: External Debt of Developing Countries

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ARMENIA (US$ million, unless otherwise indicated) 1990

1995

2000

2005

2006

2007

2008

2009

External debt stocks Long-term external debt Public and publicly guaranteed Private nonguaranteed Use of IMF credit Short-term external debt interest arrears on long-term

.. .. .. .. .. .. ..

371 298 298 0 70 2 1

916 697 675 21 175 44 6

1,842 1,368 923 446 176 298 0

2,004 1,533 1,037 496 164 307 0

2,898 2,281 1,282 999 158 459 0

3,406 2,818 1,446 1,373 135 453 0

4,935 3,837 2,376 1,461 587 512 0

Memorandum items Principal arrears on long-term Long-term public sector debt Long-term private sector debt Public & publicly guaranteed commitments

.. .. .. ..

75 298 0 131

4 675 21 74

0 923 446 251

0 1,037 496 65

0 1,282 999 203

0 1,446 1,373 201

0 2,376 1,461 898

External debt flows Disbursements Long-term external debt IMF purchases

.. .. ..

148 102 46

84 84 0

177 168 10

175 165 10

761 751 10

783 776 7

1,732 1,266 466

Principal repayments Long-term external debt IMF repurchases

.. .. ..

3 3 0

31 15 16

104 69 34

80 49 31

82 58 24

280 253 27

328 305 23

Net flows Long-term external debt Short-term external debt

.. .. ..

147 100 1

42 69 -11

-38 98 -112

104 116 9

831 693 152

497 523 -6

1,462 961 59

Interest payments Long-term external debt IMF charges Short-term external debt

.. .. .. ..

8 7 2 0

15 9 3 2

35 23 1 11

70 59 1 11

107 91 1 15

85 70 1 15

102 81 4 18

.. ..

25 ..

104 0

239 1

453 -1

699 0

935 -1

777 1

1. Summary external debt data

2. Other non-debt resource inflows Foreign direct investment Portfolio equity

3. Currency composition of public and publicly guaranteed debt (%) Euro Japanese yen Pound sterling Swiss franc U.S.dollars

.. .. .. .. ..

.. 0.0 0.0 0.0 62.6

.. 0.0 0.0 0.0 93.3

8.0 0.2 0.0 0.0 86.3

8.8 0.4 0.0 0.0 82.6

9.0 7.0 0.0 0.0 71.2

8.7 12.1 0.0 0.0 62.9

6.3 11.3 0.0 0.0 66.0

.. .. ..

1.3 32.6 9.2

0.8 35.7 10.2

0.8 39.6 10.0

0.8 32.2 10.3

1.5 24.4 8.7

1.2 32.1 8.8

2.9 19.7 5.9

.. .. ..

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

0.0 0.0 0.0

.. .. .. .. .. .. ..

1,466 354 65 741 .. -218 111

1,964 551 87 1,017 22 -278 314

5,033 1,873 498 2,449 170 -52 669

6,600 2,134 658 2,946 244 -117 1,072

9,485 2,588 846 4,122 332 -590 1,659

12,388 2,751 1,062 5,272 279 -1,383 1,407

8,926 2,056 769 4,189 332 -1,326 2,004

.. .. .. .. .. .. ..

104.7 25.3 3.2 0.6 56.1 30.0 1.8

166.4 46.6 8.3 4.8 52.9 34.3 3.7

98.3 36.6 7.4 16.2 43.9 36.3 3.3

93.9 30.4 7.0 15.3 45.1 53.5 4.4

112.0 30.6 7.3 15.8 35.9 57.2 4.8

123.8 27.5 13.3 13.3 32.6 41.3 3.2

240.0 55.3 20.9 10.4 28.9 40.6 5.7

4. Average terms of new commitments Official creditors Interest (%) Maturity (years) Grace period (years) Private creditors Interest (%) Maturity (years) Grace period (years)

5. Major economic aggregates Gross national income (GNI) Exports of goods, services & income Worker remit. & comp. of employees Imports of goods, services & income Profit remittances on FDI Current account balance International reserves

6. Ratios External debt stocks to exports (%) External debt stocks to GNI (%) Debt service to exports (%) Short-term to external debt stocks (%) Multilateral to external debt stocks (%) Reserves to external debt stocks (%) Reserves to imports (months)

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