Armenia Government Revenue, Expenditure and Finance
AM: Expenditure: % of GDP
AM: Expenditure: % of GDP data was reported at 21.034 % in 2023. This records a decrease from the previous number of 21.163 % for 2022. AM: Expenditure: % of GDP data is updated yearly, averaging 22.637 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 26.581 % in 2020 and a record low of 16.956 % in 2004. AM: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.034 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: % of GDP from 2004 to 2023 in the chart:
AM: Expenditure: Compensation of Employees
AM: Expenditure: Compensation of Employees data was reported at 384,373.054 AMD mn in 2023. This records an increase from the previous number of 343,065.296 AMD mn for 2022. AM: Expenditure: Compensation of Employees data is updated yearly, averaging 224,353.939 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 384,373.054 AMD mn in 2023 and a record low of 55,187.794 AMD mn in 2004. AM: Expenditure: Compensation of Employees data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 384,373.054 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Compensation of Employees from 2004 to 2023 in the chart:
AM: Expenditure: Compensation of Employees: % of Expenditure
AM: Expenditure: Compensation of Employees: % of Expenditure data was reported at 19.331 % in 2023. This records an increase from the previous number of 19.068 % for 2022. AM: Expenditure: Compensation of Employees: % of Expenditure data is updated yearly, averaging 21.755 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 24.799 % in 2009 and a record low of 17.059 % in 2004. AM: Expenditure: Compensation of Employees: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 19.068 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Expenditure: Compensation of Employees: % of Expenditure from 2004 to 2022 in the chart:
AM: Expenditure: Goods and Services Expenditure
AM: Expenditure: Goods and Services Expenditure data was reported at 199,786.450 AMD mn in 2023. This records a decrease from the previous number of 216,556.681 AMD mn for 2022. AM: Expenditure: Goods and Services Expenditure data is updated yearly, averaging 161,966.868 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 216,556.681 AMD mn in 2022 and a record low of 89,639.440 AMD mn in 2008. AM: Expenditure: Goods and Services Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 199,786.450 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Goods and Services Expenditure from 2004 to 2023 in the chart:
AM: Expenditure: Goods and Services Expenditure: % of Expenditure
AM: Expenditure: Goods and Services Expenditure: % of Expenditure data was reported at 10.048 % in 2023. This records a decrease from the previous number of 12.037 % for 2022. AM: Expenditure: Goods and Services Expenditure: % of Expenditure data is updated yearly, averaging 15.706 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 41.553 % in 2004 and a record low of 10.048 % in 2023. AM: Expenditure: Goods and Services Expenditure: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 10.048 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Goods and Services Expenditure: % of Expenditure from 2004 to 2023 in the chart:
AM: Expenditure: Interest Payments
AM: Expenditure: Interest Payments data was reported at 253,412.728 AMD mn in 2023. This records an increase from the previous number of 198,312.896 AMD mn for 2022. AM: Expenditure: Interest Payments data is updated yearly, averaging 46,745.897 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 253,412.728 AMD mn in 2023 and a record low of 9,024.647 AMD mn in 2006. AM: Expenditure: Interest Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 198,312.896 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Expenditure: Interest Payments from 2004 to 2022 in the chart:
AM: Expenditure: Interest Payments: % of Expenditure
AM: Expenditure: Interest Payments: % of Expenditure data was reported at 12.744 % in 2023. This records an increase from the previous number of 11.023 % for 2022. AM: Expenditure: Interest Payments: % of Expenditure data is updated yearly, averaging 4.533 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 12.744 % in 2023 and a record low of 1.465 % in 2008. AM: Expenditure: Interest Payments: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 11.023 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Expenditure: Interest Payments: % of Expenditure from 2004 to 2022 in the chart:
AM: Expenditure: Interest Payments: % of Revenue
AM: Expenditure: Interest Payments: % of Revenue data was reported at 11.109 % in 2023. This records an increase from the previous number of 9.859 % for 2022. AM: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 4.295 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 11.109 % in 2023 and a record low of 1.330 % in 2008. AM: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 9.859 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Expenditure: Interest Payments: % of Revenue from 2004 to 2022 in the chart:
AM: Expenditure: Other Expenditure
AM: Expenditure: Other Expenditure data was reported at 339,733.159 AMD mn in 2023. This records an increase from the previous number of 325,553.973 AMD mn for 2022. AM: Expenditure: Other Expenditure data is updated yearly, averaging 217,733.679 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 339,733.159 AMD mn in 2023 and a record low of 3,303.758 AMD mn in 2005. AM: Expenditure: Other Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 339,733.159 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Other Expenditure from 2004 to 2023 in the chart:
AM: Expenditure: Other Expenditure: % of GDP
AM: Expenditure: Other Expenditure: % of GDP data was reported at 17.086 % in 2023. This records a decrease from the previous number of 18.095 % for 2022. AM: Expenditure: Other Expenditure: % of GDP data is updated yearly, averaging 21.113 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 22.944 % in 2009 and a record low of 0.812 % in 2005. AM: Expenditure: Other Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 18.095 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Expenditure: Other Expenditure: % of GDP from 2004 to 2022 in the chart:
AM: Expenditure: Subsidies and Other Transfers
AM: Expenditure: Subsidies and Other Transfers data was reported at 811,105.815 AMD mn in 2023. This records an increase from the previous number of 715,652.048 AMD mn for 2022. AM: Expenditure: Subsidies and Other Transfers data is updated yearly, averaging 380,467.718 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 811,105.815 AMD mn in 2023 and a record low of 104,018.500 AMD mn in 2004. AM: Expenditure: Subsidies and Other Transfers data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 811,105.815 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Subsidies and Other Transfers from 2004 to 2023 in the chart:
AM: Expenditure: Subsidies and Other Transfers: % of Expenditure
AM: Expenditure: Subsidies and Other Transfers: % of Expenditure data was reported at 40.792 % in 2023. This records an increase from the previous number of 39.777 % for 2022. AM: Expenditure: Subsidies and Other Transfers: % of Expenditure data is updated yearly, averaging 36.893 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 46.095 % in 2016 and a record low of 32.153 % in 2004. AM: Expenditure: Subsidies and Other Transfers: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 40.792 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Expenditure: Subsidies and Other Transfers: % of Expenditure from 2004 to 2023 in the chart:
AM: Grants and Other Revenue
AM: Grants and Other Revenue data was reported at 155,912.291 AMD mn in 2023. This records an increase from the previous number of 155,858.032 AMD mn for 2022. AM: Grants and Other Revenue data is updated yearly, averaging 87,463.875 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 196,411.012 AMD mn in 2020 and a record low of 43,060.895 AMD mn in 2004. AM: Grants and Other Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the defi nition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 155,912.291 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Grants and Other Revenue from 2004 to 2023 in the chart:
AM: Grants and Other Revenue: % of Revenue
AM: Grants and Other Revenue: % of Revenue data was reported at 6.835 % in 2023. This records a decrease from the previous number of 7.748 % for 2022. AM: Grants and Other Revenue: % of Revenue data is updated yearly, averaging 8.035 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 16.086 % in 2011 and a record low of 6.835 % in 2023. AM: Grants and Other Revenue: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the defi nition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 6.835 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Grants and Other Revenue: % of Revenue from 2004 to 2023 in the chart:
AM: Net Acquisition of Financial Assets: % of GDP
AM: Net Acquisition of Financial Assets: % of GDP data was reported at 1.133 % in 2023. This records a decrease from the previous number of 1.766 % for 2022. AM: Net Acquisition of Financial Assets: % of GDP data is updated yearly, averaging 1.576 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 6.135 % in 2009 and a record low of -1.363 % in 2010. AM: Net Acquisition of Financial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.133 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Net Acquisition of Financial Assets: % of GDP from 2004 to 2023 in the chart:
AM: Net Incurrence of Liabilities: Total
AM: Net Incurrence of Liabilities: Total data was reported at 286,957.206 AMD mn in 2023. This records a decrease from the previous number of 318,198.592 AMD mn for 2022. AM: Net Incurrence of Liabilities: Total data is updated yearly, averaging 143,224.424 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 590,855.800 AMD mn in 2021 and a record low of 19,585.135 AMD mn in 2005. AM: Net Incurrence of Liabilities: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 286,957.206 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Net Incurrence of Liabilities: Total from 2004 to 2023 in the chart:
AM: Net Incurrence of Liabilities: Total: % of GDP
AM: Net Incurrence of Liabilities: Total: % of GDP data was reported at 3.036 % in 2023. This records a decrease from the previous number of 3.743 % for 2022. AM: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging 3.144 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 13.736 % in 2009 and a record low of 0.873 % in 2005. AM: Net Incurrence of Liabilities: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.036 2023 | yearly | 2004 - 2023 |
View Armenia's AM: Net Incurrence of Liabilities: Total: % of GDP from 2004 to 2023 in the chart:
AM: Net Investment in Nonfinancial Assets
AM: Net Investment in Nonfinancial Assets data was reported at 167,274.323 AMD mn in 2016. This records a decrease from the previous number of 169,986.225 AMD mn for 2015. AM: Net Investment in Nonfinancial Assets data is updated yearly, averaging 211,600.607 AMD mn from Dec 2004 (Median) to 2016, with 12 observations. The data reached an all-time high of 211,600.607 AMD mn in 2009 and a record low of 53,609.187 AMD mn in 2004. AM: Net Investment in Nonfinancial Assets data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 167,274.323 2016 | yearly | 2004 - 2016 |
View Armenia's AM: Net Investment in Nonfinancial Assets from 2004 to 2016 in the chart:
AM: Net Investment in Nonfinancial Assets: % of GDP
AM: Net Investment in Nonfinancial Assets: % of GDP data was reported at 3.301 % in 2016. This records a decrease from the previous number of 3.370 % for 2015. AM: Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 6.735 % from Dec 2004 (Median) to 2016, with 12 observations. The data reached an all-time high of 6.735 % in 2009 and a record low of 2.699 % in 2008. AM: Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.301 2016 | yearly | 2004 - 2016 |
View Armenia's AM: Net Investment in Nonfinancial Assets: % of GDP from 2004 to 2016 in the chart:
AM: Net Lending (+) / Net Borrowing (-): % of GDP
AM: Net Lending (+) / Net Borrowing (-): % of GDP data was reported at -1.902 % in 2023. This records an increase from the previous number of -1.977 % for 2022. AM: Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -1.568 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of -0.300 % in 2006 and a record low of -7.601 % in 2009. AM: Net Lending (+) / Net Borrowing (-): % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -1.977 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Net Lending (+) / Net Borrowing (-): % of GDP from 2004 to 2022 in the chart:
Armenia AM: Primary Government Expenditures as % of Original Approved Budget
AM: Primary Government Expenditures as % of Original Approved Budget data was reported at 105.234 % in 2016. This records a decrease from the previous number of 107.919 % for 2015. AM: Primary Government Expenditures as % of Original Approved Budget data is updated yearly, averaging 99.121 % from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 113.614 % in 2007 and a record low of 96.353 % in 2012. AM: Primary Government Expenditures as % of Original Approved Budget data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.; ; Public Expenditure and Financial Accountability (PEFA). Ministry of Finance (MoF).; ;
| Last | Frequency | Range |
|---|---|---|
| 105.234 2016 | yearly | 2007 - 2016 |
View Armenia's Armenia AM: Primary Government Expenditures as % of Original Approved Budget from 2007 to 2016 in the chart:
AM: Revenue Excluding Grants: % of GDP
AM: Revenue Excluding Grants: % of GDP data was reported at 23.975 % in 2023. This records an increase from the previous number of 23.456 % for 2022. AM: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 22.781 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 24.515 % in 2014 and a record low of 18.198 % in 2004. AM: Revenue Excluding Grants: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 23.456 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue Excluding Grants: % of GDP from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Customs and Other Import Duties
AM: Revenue and Grants: Revenue: Customs and Other Import Duties data was reported at 75,286.300 AMD mn in 2023. This records an increase from the previous number of 56,685.824 AMD mn for 2022. AM: Revenue and Grants: Revenue: Customs and Other Import Duties data is updated yearly, averaging 47,358.643 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 95,146.709 AMD mn in 2019 and a record low of 11,389.888 AMD mn in 2004. AM: Revenue and Grants: Revenue: Customs and Other Import Duties data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 56,685.824 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Customs and Other Import Duties from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue
AM: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data was reported at 3.542 % in 2023. This records an increase from the previous number of 3.055 % for 2022. AM: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data is updated yearly, averaging 5.012 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 6.525 % in 2019 and a record low of 3.055 % in 2022. AM: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 3.055 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Other Taxes
AM: Revenue and Grants: Revenue: Other Taxes data was reported at 23,483.102 AMD mn in 2023. This records an increase from the previous number of 7,152.832 AMD mn for 2022. AM: Revenue and Grants: Revenue: Other Taxes data is updated yearly, averaging 73,854.553 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 125,281.926 AMD mn in 2017 and a record low of 3,344.349 AMD mn in 2020. AM: Revenue and Grants: Revenue: Other Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 7,152.832 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Other Taxes from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Other Taxes: % of Revenue
AM: Revenue and Grants: Revenue: Other Taxes: % of Revenue data was reported at 1.029 % in 2023. This records an increase from the previous number of 0.356 % for 2022. AM: Revenue and Grants: Revenue: Other Taxes: % of Revenue data is updated yearly, averaging 7.828 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 24.986 % in 2004 and a record low of 0.216 % in 2020. AM: Revenue and Grants: Revenue: Other Taxes: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 0.356 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Other Taxes: % of Revenue from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Tax Revenue
AM: Revenue and Grants: Revenue: Tax Revenue data was reported at 2,125,249.813 AMD mn in 2023. This records an increase from the previous number of 1,855,624.558 AMD mn for 2022. AM: Revenue and Grants: Revenue: Tax Revenue data is updated yearly, averaging 1,013,166.614 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 2,125,249.813 AMD mn in 2023 and a record low of 267,043.778 AMD mn in 2004. AM: Revenue and Grants: Revenue: Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,855,624.558 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Tax Revenue from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Tax Revenue: % of GDP
AM: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 22.482 % in 2023. This records an increase from the previous number of 21.827 % for 2022. AM: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 20.825 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 22.482 % in 2023 and a record low of 13.996 % in 2004. AM: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.827 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Tax Revenue: % of GDP from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Exports
AM: Revenue and Grants: Revenue: Taxes on Exports data was reported at 0.000 AMD mn in 2021. This stayed constant from the previous number of 0.000 AMD mn for 2020. AM: Revenue and Grants: Revenue: Taxes on Exports data is updated yearly, averaging 0.000 AMD mn from Dec 2004 (Median) to 2021, with 18 observations. The data reached an all-time high of 0.000 AMD mn in 2021 and a record low of 0.000 AMD mn in 2021. AM: Revenue and Grants: Revenue: Taxes on Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 2004 - 2021 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Exports from 2004 to 2021 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue
AM: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data was reported at 0.000 % in 2021. This stayed constant from the previous number of 0.000 % for 2020. AM: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data is updated yearly, averaging 0.000 % from Dec 2004 (Median) to 2021, with 18 observations. The data reached an all-time high of 0.000 % in 2021 and a record low of 0.000 % in 2021. AM: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 2004 - 2021 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue from 2004 to 2021 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Goods and Services
AM: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 1,150,461.356 AMD mn in 2023. This records an increase from the previous number of 1,094,215.006 AMD mn for 2022. AM: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 452,407.786 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 1,150,461.356 AMD mn in 2023 and a record low of 113,048.384 AMD mn in 2004. AM: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,094,215.006 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Goods and Services from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services
AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data was reported at 14.697 % in 2023. This records a decrease from the previous number of 15.880 % for 2022. AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 14.148 % from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 15.880 % in 2022 and a record low of 11.474 % in 2017. AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.;;
| Last | Frequency | Range |
|---|---|---|
| 15.923 2022 | yearly | 2012 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services from 2012 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue
AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 50.433 % in 2023. This records a decrease from the previous number of 54.398 % for 2022. AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 41.379 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 54.398 % in 2022 and a record low of 30.171 % in 2006. AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 54.398 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue
AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 38.402 % in 2023. This records an increase from the previous number of 34.679 % for 2022. AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 34.272 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 40.139 % in 2018 and a record low of 14.525 % in 2004. AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 34.679 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes
AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data was reported at 41.220 % in 2023. This records an increase from the previous number of 37.592 % for 2022. AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data is updated yearly, averaging 37.727 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 44.069 % in 2016 and a record low of 19.631 % in 2004. AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 37.592 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on International Trade
AM: Revenue and Grants: Revenue: Taxes on International Trade data was reported at 75,286.300 AMD mn in 2023. This records an increase from the previous number of 56,685.824 AMD mn for 2022. AM: Revenue and Grants: Revenue: Taxes on International Trade data is updated yearly, averaging 47,358.643 AMD mn from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 95,146.709 AMD mn in 2019 and a record low of 11,389.888 AMD mn in 2004. AM: Revenue and Grants: Revenue: Taxes on International Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 56,685.824 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on International Trade from 2004 to 2022 in the chart:
AM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue
AM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data was reported at 3.300 % in 2023. This records an increase from the previous number of 2.818 % for 2022. AM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data is updated yearly, averaging 4.133 % from Dec 2004 (Median) to 2023, with 20 observations. The data reached an all-time high of 6.018 % in 2019 and a record low of 2.818 % in 2022. AM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 2.818 2022 | yearly | 2004 - 2022 |
View Armenia's AM: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue from 2004 to 2022 in the chart:
AM: Social Contributions: % of Revenue
AM: Social Contributions: % of Revenue data was reported at 0.726 % in 2015. This records a decrease from the previous number of 1.409 % for 2014. AM: Social Contributions: % of Revenue data is updated yearly, averaging 14.243 % from Dec 2004 (Median) to 2015, with 12 observations. The data reached an all-time high of 14.826 % in 2006 and a record low of 0.726 % in 2015. AM: Social Contributions: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.WDI: Government Revenue, Expenditure and Finance. Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 0.726 2015 | yearly | 2013 - 2015 |