Armenia: Use of IMF credit (DOD, current US$)

Key figures

What the numbers say

In 2024, Armenia's use of IMF credit (DOD, current US$) fell 27.8% on 2023 (from US$669.63 million to US$483.24 million).

Across the 29 yearly changes before that (1995 to 2023), the average change was +19.1% and a typical year strayed about 50.5% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 185.1% in 1995 and the biggest yearly fall was 27.8% in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Armenia had the 81st highest value of the 118 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Armenia in the 2024 ranking

• Haiti — 78th of 118: US$559.22 million
• Bolivia — 79th of 118: US$514.16 million
• Tajikistan — 80th of 118: US$506.08 million
• Central African Republic — 82nd of 118: US$480.66 million
• Kyrgyz Republic — 83rd of 118: US$465.95 million
• Burundi — 84th of 118: US$420 million

What this measures

Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Regional and income-group figures are computed by the World Bank as a sum.

All 31 values

Use of IMF credit (DOD, current US$) in nearby economies

• Albania — US$360.12 million (2024)
• Azerbaijan — US$689.89 million (2024)
• Belarus — US$1.33 billion (2024)
• Bosnia and Herzegovina — US$703.58 million (2024)
• Bulgaria — US$1.96 billion (2022)
• Georgia — US$977.93 million (2024)
• Kazakhstan — US$1.9 billion (2024)
• Kosovo — US$259.61 million (2024)
• Kyrgyz Republic — US$465.95 million (2024)
• Moldova — US$1.36 billion (2024)
• Montenegro

More economic policy & debt data for Armenia

• Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
• Adjusted savings, mineral depletion (current US$) — US$448.08 million (2021)
• General government final consumption expenditure (current US$) — US$2.98 billion (2025)
• General government final consumption expenditure (current LCU) — 1.15 trillion (2025)
• General government final consumption expenditure (% of GDP) — 10.19% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$20.79 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
• Households and NPISHs final consumption expenditure, linked series (current LCU)

Reading data like this

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Questions people ask

What is Armenia's use of IMF credit (DOD, current US$)?

US$483.24 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1994?

It is up 1,862% from US$24.63 million in 1994 (10.43% a year on average, compounded). The highest value was US$962.55 million in 2011 and the lowest US$24.63 million in 1994.

How does Armenia rank?

81st highest of 118 economies with data for 2024.

Is the latest change in use of IMF credit (DOD, current US$) unusual for Armenia?

In 2024, Armenia's use of IMF credit (DOD, current US$) fell 27.8% on 2023 (from US$669.63 million to US$483.24 million). Across the 29 yearly changes before that (1995 to 2023), the average change was +19.1% and a typical year strayed about 50.5% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.DOD.DIMF.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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