Adjusted savings: education expenditure in Armenia
Armenia: Adjusted savings: education expenditure was 366.37 million current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Armenia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Armenia is 366.37 million current US$, measured in 2021. That is the highest value across all 32 years on record.
That represents a change of up 18.0% on the previous year and up 20.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Armenia peaked at 366.37 million current US$ in 2021 and was at its lowest, 27.91 million current US$, in 1996.
Armenia ranks 139th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Armenia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 76.08 million current US$ | — |
| 1991 | 72.36 million current US$ | -4.9% |
| 1992 | 37.22 million current US$ | -48.6% |
| 1993 | 42.00 million current US$ | +12.8% |
| 1994 | 35.06 million current US$ | -16.5% |
| 1995 | 40.32 million current US$ | +15.0% |
| 1996 | 27.91 million current US$ | -30.8% |
| 1997 | 31.93 million current US$ | +14.4% |
| 1998 | 43.34 million current US$ | +35.7% |
| 1999 | 43.19 million current US$ | -0.3% |
| 2000 | 45.82 million current US$ | +6.1% |
| 2001 | 51.90 million current US$ | +13.3% |
| 2002 | 59.78 million current US$ | +15.2% |
| 2003 | 72.04 million current US$ | +20.5% |
| 2004 | 94.50 million current US$ | +31.2% |
| 2005 | 132.25 million current US$ | +39.9% |
| 2006 | 176.71 million current US$ | +33.6% |
| 2007 | 261.57 million current US$ | +48.0% |
| 2008 | 339.53 million current US$ | +29.8% |
| 2009 | 252.31 million current US$ | -25.7% |
| 2010 | 277.39 million current US$ | +9.9% |
| 2011 | 305.31 million current US$ | +10.1% |
| 2012 | 326.85 million current US$ | +7.1% |
| 2013 | 301.00 million current US$ | -7.9% |
| 2014 | 254.77 million current US$ | -15.4% |
| 2015 | 296.12 million current US$ | +16.2% |
| 2016 | 263.83 million current US$ | -10.9% |
| 2017 | 273.38 million current US$ | +3.6% |
| 2018 | 298.62 million current US$ | +9.2% |
| 2019 | 334.93 million current US$ | +12.2% |
| 2020 | 310.56 million current US$ | -7.3% |
| 2021 | 366.37 million current US$ | +18.0% |
Armenia compared with similar countries
- Armenia's 366.37 million current US$ is below the median for upper middle income countries, which is 1.29 billion current US$, 28% of the median. (55 countries reporting)
- Armenia's 366.37 million current US$ is below the median for Europe & Central Asia, which is 5.65 billion current US$, 6% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.94 million current US$ | 27.91 million current US$ | 76.08 million current US$ | 10 |
| 2000s | 148.64 million current US$ | 45.82 million current US$ | 339.53 million current US$ | 10 |
| 2010s | 293.22 million current US$ | 254.77 million current US$ | 334.93 million current US$ | 10 |
| 2020s | 338.47 million current US$ | 310.56 million current US$ | 366.37 million current US$ | 2 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Armenia?
- Adjusted savings: education expenditure in Armenia was 366.37 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Armenia?
- The highest recorded value was 366.37 million current US$ in 2021.
- What is the lowest adjusted savings: education expenditure recorded in Armenia?
- The lowest recorded value was 27.91 million current US$ in 1996.
- How does Armenia rank for adjusted savings: education expenditure?
- Armenia ranks 139th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Armenia?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.