Expense in Armenia
Armenia: Expense was 20.9% in 2023. ▲ Rising
Expense in Armenia, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Armenia recorded 20.9% for expense in 2023.
The figure is down 1.0% on the previous year and down 7.5% over ten years.
Over the whole period, expense in Armenia peaked at 26.6% in 2020 and was at its lowest, 17.0%, in 2004.
Armenia ranks 104th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.0% | 17.0% | 23.9% | 6 |
| 2010s | 23.1% | 21.4% | 25.7% | 10 |
| 2020s | 23.4% | 20.9% | 26.6% | 4 |
Countries ranked near Armenia
More economy & growth data for Armenia
- DEC alternative conversion factor 387.01 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 134.65 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 347.93 million current US$ (2025)
- Taxes less subsidies on products 1.20 trillion current LCU (2025)
- Taxes less subsidies on products 3.11 billion current US$ (2025)
- Net primary income (Net income from abroad) -336.98 billion current LCU (2025)
- Net primary income (Net income from abroad) -870.74 million current US$ (2025)
- GNI per capita 3.56 million current LCU (2025)
- GNI per capita, Atlas method 9,020 current US$ (2025)
- GNI 10.98 trillion current LCU (2025)
Frequently asked questions
- What is expense in Armenia?
- Expense in Armenia was 20.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Armenia?
- The highest recorded value was 26.6% in 2020.
- What is the lowest expense recorded in Armenia?
- The lowest recorded value was 17.0% in 2004.
- How does Armenia rank for expense?
- Armenia ranks 104th out of 157 countries with data for 2023.
- Is expense rising or falling in Armenia?
- Over the last ten years it is down 7.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.