Cash surplus/deficit as a proportion of GDP in Armenia

Armenia: Cash surplus/deficit as a proportion of GDP was -20.9% in 2023. ▼ Falling

Latest (2023)
-20.9%
Change on year
up 1.0%
World rank
55th
of 162 countries
All-time high
-17.0%
in 2004
All-time low
-26.6%
in 2020
Years of data
20
2004–2023

Cash surplus/deficit as a proportion of GDP in Armenia, 2004–2023

-26-24-22-20-18-162004201320232004: -172005: -18.12006: -17.12007: -172008: -21.12009: -23.92010: -232011: -22.62012: -21.42013: -22.62014: -242015: -25.12016: -25.72017: -22.62018: -22.12019: -21.82020: -26.62021: -252022: -21.22023: -20.9

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Armenia recorded -20.9% for cash surplus/deficit as a proportion of gdp in 2023.

Compared with earlier readings it is up 1.0% on the previous year and up 7.5% over ten years.

Over the whole period, cash surplus/deficit as a proportion of gdp in Armenia peaked at -17.0% in 2004 and was at its lowest, -26.6%, in 2020.

Armenia ranks 55th of 162 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 20 years of available data.

Cash surplus/deficit as a proportion of GDP in Armenia, year by year

Annual values for Cash surplus/deficit as a proportion of GDP (%) in Armenia, 2004 to 2023.
Year Value Change
2004 -17.0%
2005 -18.1% +7.0%
2006 -17.1% -5.5%
2007 -17.0% -0.6%
2008 -21.1% +24.0%
2009 -23.9% +12.9%
2010 -23.0% -3.6%
2011 -22.6% -1.9%
2012 -21.4% -5.3%
2013 -22.6% +5.9%
2014 -24.0% +6.0%
2015 -25.1% +4.5%
2016 -25.7% +2.5%
2017 -22.6% -12.0%
2018 -22.1% -2.4%
2019 -21.8% -1.4%
2020 -26.6% +22.2%
2021 -25.0% -6.1%
2022 -21.2% -15.2%
2023 -20.9% -1.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s -19.0% -23.9% -17.0% 6
2010s -23.1% -25.7% -21.4% 10
2020s -23.4% -26.6% -20.9% 4

Countries ranked near Armenia

  1. 52 Papua New Guinea -20.3% compare
  2. 53 Bahamas -20.3% compare
  3. 54 Thailand -20.8% compare
  4. 56 Argentina -21.0% compare
  5. 57 Melanesia -21.7% compare
  6. 58 Bolivia (Plurinational State of) -21.8%

See the full ranking of 189 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is cash surplus/deficit as a proportion of gdp in Armenia?
Cash surplus/deficit as a proportion of gdp in Armenia was -20.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
What is the highest cash surplus/deficit as a proportion of gdp recorded in Armenia?
The highest recorded value was -17.0% in 2004.
What is the lowest cash surplus/deficit as a proportion of gdp recorded in Armenia?
The lowest recorded value was -26.6% in 2020.
How does Armenia rank for cash surplus/deficit as a proportion of gdp?
Armenia ranks 55th out of 162 countries with data for 2023.
Is cash surplus/deficit as a proportion of gdp rising or falling in Armenia?
Over the last ten years it is up 7.5%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Cash surplus/deficit as a proportion of GDP in Armenia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/cash-surplus-deficit-as-a-proportion-of-gdp-percent/armenia/

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About this data

Indicator
Cash surplus/deficit as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
189 places, 3,493 data points, 2000–2024
Last refreshed