External Debt in Armenia increased to 11472.66 USD Million in the second quarter of 2019 from 11078.96 USD Million in the first quarter of 2019. External Debt in Armenia averaged 5200.07 USD Million from 1999 until 2019, reaching an all time high of 11472.66 USD Million in the second quarter of 2019 and a record low of 1155.60 USD Million in the first quarter of 1999.
External Debt in Armenia is expected to be 12000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Armenia to stand at 11566.00 in 12 months time. In the long-term, the Armenia Total Gross External Debt is projected to trend around 12445.00 USD Million in 2020, according to our econometric models.