Africa's Development: Public finances General government … 16 in Armenia
Armenia: Africa's Development: Public finances General government … 16 was 29.04 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Armenia, 2005–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Armenia stood at 29.04 Percentage of GDP.
Compared with earlier readings it is down 0.7% on the previous year and up 16.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Armenia peaked at 30.65 Percentage of GDP in 2020 and was at its lowest, 19.87 Percentage of GDP, in 2005.
That places Armenia 77th out of 166 countries with data for 2029, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Africa's Development: Public finances General government … 16 in Armenia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2005 | 19.87 Percentage of GDP | — |
| 2006 | 20 Percentage of GDP | +0.7% |
| 2007 | 22.42 Percentage of GDP | +12.1% |
| 2008 | 22.24 Percentage of GDP | -0.8% |
| 2009 | 28.55 Percentage of GDP | +28.4% |
| 2010 | 26.2 Percentage of GDP | -8.2% |
| 2011 | 24.96 Percentage of GDP | -4.7% |
| 2012 | 22.41 Percentage of GDP | -10.2% |
| 2013 | 23.8 Percentage of GDP | +6.2% |
| 2014 | 23.99 Percentage of GDP | +0.8% |
| 2015 | 26.33 Percentage of GDP | +9.8% |
| 2016 | 27.05 Percentage of GDP | +2.7% |
| 2017 | 26.03 Percentage of GDP | -3.8% |
| 2018 | 24.05 Percentage of GDP | -7.6% |
| 2019 | 24.9 Percentage of GDP | +3.5% |
| 2020 | 30.65 Percentage of GDP | +23.1% |
| 2021 | 28.67 Percentage of GDP | -6.5% |
| 2022 | 26.38 Percentage of GDP | -8.0% |
| 2023 | 26.85 Percentage of GDP | +1.8% |
| 2024 | 29.49 Percentage of GDP | +9.8% |
| 2025 | 29.61 Percentage of GDP | +0.4% |
| 2026 | 29.73 Percentage of GDP | +0.4% |
| 2027 | 29.37 Percentage of GDP | -1.2% |
| 2028 | 29.24 Percentage of GDP | -0.4% |
| 2029 | 29.04 Percentage of GDP | -0.7% |
Armenia compared with similar countries
- Armenia's 29.04 Percentage of GDP is below the median for upper middle income countries, which is 30.06 Percentage of GDP, 97% of the median. (50 countries reporting)
- Armenia's 29.04 Percentage of GDP is below the median for Europe & Central Asia, which is 42.09 Percentage of GDP, 69% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.62 Percentage of GDP | 19.87 Percentage of GDP | 28.55 Percentage of GDP | 5 |
| 2010s | 24.97 Percentage of GDP | 22.41 Percentage of GDP | 27.05 Percentage of GDP | 10 |
| 2020s | 28.9 Percentage of GDP | 26.38 Percentage of GDP | 30.65 Percentage of GDP | 10 |
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)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Armenia?
- Africa's development dynamics (afdd) table 16 - public finances in Armenia was 29.04 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Armenia?
- The highest recorded value was 30.65 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Armenia?
- The lowest recorded value was 19.87 Percentage of GDP in 2005.
- How does Armenia rank for africa's development dynamics (afdd) table 16 - public finances?
- Armenia ranks 77th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Armenia?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.