Armenia Public Consumption: % of GDP
Key information about Armenia Public Consumption: % of GDP
- Armenia Public Consumption accounted for 10.7 % of its Nominal GDP in Jun 2024, compared with a share of 9.1 % in the previous quarter.
- Armenia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Dec 1994 to Jun 2024, with an average number of 11.8 %.
- The data reached an all-time high of 18.2 % in Dec 2020 and a record low of 8.0 % in Sep 2008.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistical Committee of the Republic of Armenia provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Government Consumption as % of Nominal GDP prior to Q1 2013 is based on SNA 1993 and prior to Q1 2000 is sourced from the International Monetary Fund.
Related information about Armenia Public Consumption: % of GDP
- In the latest reports, Armenia GDP expanded 12.1 % YoY in Mar 2023.
- Armenia Nominal GDP reached 4.6 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 7.3 % in Mar 2023.
- Armenia GDP Per Capita reached 6,572.2 USD in Dec 2022.
- Its Gross Savings Rate was measured at 15.6 % in Jun 2024.
- For Nominal GDP contributions, Investment accounted for 22.7 % in Jun 2024.
- Private Consumption accounted for 73.7 % in Jun 2024.
View Armenia's Public Consumption: % of GDP from Dec 1994 to Jun 2024 in the chart:
What was Armenia's Public Consumption: % of GDP in Jun 2024?
Armenia Public Consumption accounted for 10.7 % of its Nominal GDP in Jun 2024, compared with a share of 9.1 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
10.7 Jun 2024 | 9.1 Mar 2024 | 8.0 Sep 2008 | 18.2 Dec 2020 | % | quarterly | Dec 1994 - Jun 2024 |
Public Consumption: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
Argentina (%) | 15.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Armenia (%) | 10.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
Austria (%) | 21.4 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
Azerbaijan (%) | 17.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 13.6 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 5.6 2024 | yearly | 1973 - 2024 |
Belarus (%) | 20.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Belgium (%) | 24.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 15.1 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
Bosnia and Herzegovina (%) | 17.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | 30.5 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Brazil (%) | 18.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
Canada (%) | 21.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
Chile (%) | 15.5 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
China (%) | 16.5 2023 | yearly | 1952 - 2023 |
Colombia (%) | 12.4 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Croatia (%) | 23.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | 18.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 23.0 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Ecuador (%) | 13.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Egypt (%) | 7.0 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
Estonia (%) | 21.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
European Union (%) | 21.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
France (%) | 24.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Georgia (%) | 12.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Germany (%) | 21.7 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
Greece (%) | 19.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (%) | 20.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Iceland (%) | 25.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | 10.2 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
Ireland (%) | 11.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Israel (%) | 26.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Italy (%) | 17.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
South Korea (%) | 17.7 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
Latvia (%) | 20.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 19.4 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Luxembourg (%) | 18.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Macau SAR, China (%) | 11.8 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
North Macedonia (%) | 18.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 11.0 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Malta (%) | 15.7 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Mauritius (%) | 14.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mexico (%) | 11.3 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | 20.1 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (%) | 19.1 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
New Zealand (%) | 23.0 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
Norway (%) | 23.5 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 8.7 2024 | yearly | 1960 - 2024 |
Palestinian Territory (%) | 20.9 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
Paraguay (%) | 12.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Peru (%) | 12.8 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (%) | 20.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 19.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (%) | 23.7 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Serbia (%) | 16.8 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Slovenia (%) | 21.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
South Africa (%) | 18.7 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Sudan (%) | 16.2 2023 | yearly | 1960 - 2023 |
Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Switzerland (%) | 11.6 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -3.0 Jun 2024 | quarterly | Dec 2002 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -177.833 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Tax Revenue (USD mn) | 456.874 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
National Government Debt (USD mn) | 12,157.2 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Government Debt: % of GDP (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Forecast: Government Expenditure (AMD bn) | 4,073.820 2028 | yearly | 2005 - 2028 |
Forecast: Government Net Debt (AMD bn) | 8,360.453 2029 | yearly | 1996 - 2029 |
Forecast: Government Revenue (AMD bn) | 4,113.925 2029 | yearly | 1993 - 2029 |
Consolidated Government Budget: Revenue and Grants (AMD mn) | 745,515.800 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Consolidated Government Budget: Balance (AMD mn) | 21,095.200 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 66,889.200 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 1,290,776.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Expenditure: ytd (AMD mn) | 1,495,329.800 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Balance: ytd (AMD mn) | -58,033.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 392,184.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Revenue and Official Transfers: ytd (AMD mn) | 1,437,296.100 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: Deficit Financing: ytd (AMD mn) | 58,033.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 213,441.700 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
State Budget: ytd: RT: Revenue (AMD mn) | 1,432,955.600 Jul 2024 | monthly | Jan 2008 - Jul 2024 |
Central Government Debt: Short Term (AMD bn) | 127.076 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: Mid Term (AMD bn) | 787.021 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: Long Term (AMD bn) | 3,607.654 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: Domestic (AMD bn) | 2,294.553 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt (AMD bn) | 4,718.939 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: External (AMD bn) | 2,424.386 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Central Government Debt: % Nominal GDP (%) | 60.300 2021 | yearly | 1999 - 2021 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
Trade Balance (USD mn) | -263.7 Aug 2024 | monthly | Nov 1995 - Aug 2024 |
Total Exports (USD mn) | 945.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Exports Growth (%) | 59.2 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Aluminum: Exports (USD th) | 114,979.156 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 15,645.987 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 12,819.576 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 1,208.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Imports Growth (%) | 19.7 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Imports: Medicament (USD th) | 155,783.749 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 61,751.003 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 4.359 Jul 2024 | monthly | Jun 1996 - Jul 2024 |
Total Imports from USA (USD mn) | 26.736 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Total Exports to China (USD mn) | 63.477 Jul 2024 | monthly | Dec 1998 - Jul 2024 |
Total Imports from China (USD mn) | 171.928 Jul 2024 | monthly | Jun 1998 - Jul 2024 |
Trade Balance: ytd (USD mn) | -2,319.300 Aug 2024 | monthly | Dec 1999 - Aug 2024 |
Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
Exports: ow Bulgaria (USD mn) | 4.789 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Exports: ow China (USD mn) | 63.477 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Exports: ow Iran (USD mn) | 10.247 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Exports: ow Russian Federation (USD mn) | 237.985 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
Imports: ow Iran (USD mn) | 55.513 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Imports: ow Russian Federation (USD mn) | 455.860 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.3 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
Household Debt: % of GDP (%) | 27.1 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Non-Performing Loans (USD mn) | 441.540 Aug 2024 | monthly | Dec 2008 - Aug 2024 |
Money Supply M1 (USD mn) | 5,372.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Money Supply M2 (USD mn) | 9,299.886 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
M2 Growth (%) | 15.1 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
Foreign Exchange Reserves (USD mn) | 3,556.6 Sep 2024 | monthly | Dec 1993 - Sep 2024 |
Foreign Exchange Reserves: % of GDP (%) | 13.592 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 3.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Gold Reserves (USD mn) | 0.000 Aug 2024 | monthly | Dec 1992 - Aug 2024 |
Total Deposits (USD mn) | 15,247.803 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Deposits Growth (%) | 10.5 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Domestic Credit (USD mn) | 18,043.4 Jul 2024 | monthly | Dec 1993 - Jul 2024 |
Domestic Credit Growth (%) | 19.8 Jul 2024 | monthly | Dec 1994 - Jul 2024 |
Household Debt (USD mn) | 7,070.5 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Loans (USD mn) | 14,828.805 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Total Loans Growth (%) | 20.62 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
Private Debt: % of Nominal GDP (%) | 50.90 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
Money Supply: M2X (AMD mn) | 5,444,502.420 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Money Supply: sa: M2 (AMD mn) | 3,603,985.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Money Supply: M2X: M2 (AMD mn) | 3,647,694.023 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Money Supply: M2X: M2: M1 (AMD mn) | 2,107,912.773 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
Money Supply: sa: M1 (AMD mn) | 2,081,811.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Monetary Base: sa (AMD mn) | 1,829,771.000 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 805,896.566 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
International Reserves: USD (USD mn) | 3,565.987 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
International Reserves: USD: Gold (USD mn) | 0.000 Sep 2024 | monthly | Sep 2003 - Sep 2024 |
Commercial Banks Loans: Residents: Consumer (AMD mn) | 1,254,877.679 Aug 2024 | monthly | Dec 2004 - Aug 2024 |
Commercial Banks Loans: Residents: Mortgage (AMD mn) | 1,236,805.227 Aug 2024 | monthly | Apr 2005 - Aug 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
Business Climate Indicator: sa: Industry (%) | 53.719 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Construction (%) | 38.971 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Trade (%) | 57.637 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa: Services (%) | 51.136 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
Business Climate Indicator: sa (%) | 51.023 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
More Indicators for Armenia
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