Armenia vs Thailand: Expense

Armenia
20.9%
in 2023
Thailand
20.7%
in 2023
Armenia rank
104th
Thailand rank
105th

Expense over time

  • Armenia
  • Thailand
0102030197219972023

How they compare

Armenia currently reports 20.9% against 20.7% in Thailand, a difference of 0.2%.

The two have swapped places 2 times across 20 shared years of data; in 2004 it was Armenia ahead.

Armenia ranks 104th and Thailand ranks 105th of 157 countries.

Armenia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia Thailand Difference Ahead
2000s 19.0% 16.3% 2.7% Armenia
2010s 23.1% 19.1% 4.0% Armenia
2020s 23.4% 22.7% 0.7% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Armenia or Thailand?
Armenia, at 20.9% against 20.7% in Thailand as of 2023.
What is the difference in expense between Armenia and Thailand?
0.2%, with Armenia ahead.
How many years of comparable data are there for Armenia and Thailand?
20 years are reported by both, from 2004 to 2023.
How do Armenia and Thailand rank globally for expense?
Armenia ranks 104th and Thailand ranks 105th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Thailand: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/armenia/thailand/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.