Government revenues as a share of GDP in Armenia

Armenia: Government revenues as a share of GDP was 25.6% in 2023. ▲ Rising

Latest (2023)
25.6%
Change on year
up 3.2%
World rank
110th
of 174 countries
All-time high
26.2%
in 2020
All-time low
18.0%
in 2003
Years of data
21
2003–2023

Government revenues as a share of GDP in Armenia, 2003–2023

01020302003201320232003: 18 %2004: 19.6 %2005: 20.5 %2006: 21 %2007: 22.8 %2008: 23.8 %2009: 23.7 %2010: 24.2 %2011: 25.6 %2012: 24.2 %2013: 24.6 %2014: 25.9 %2015: 25.1 %2016: 24.9 %2017: 23.5 %2018: 23.4 %2019: 25.4 %2020: 26.2 %2021: 24.9 %2022: 24.8 %2023: 25.6 %

Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.

Analysis

In 2023, government revenues as a share of gdp in Armenia stood at 25.6%.

The figure is up 3.2% on the previous year and up 4.2% over ten years.

Over the whole period, government revenues as a share of gdp in Armenia peaked at 26.2% in 2020 and was at its lowest, 18.0%, in 2003.

Armenia ranks 110th of 174 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Government revenues as a share of GDP in Armenia, year by year

Annual values for Government revenues as a share of GDP in Armenia, 2003 to 2023.
Year % Change
2003 18.0%
2004 19.6% +8.8%
2005 20.5% +4.8%
2006 21.0% +2.4%
2007 22.8% +8.5%
2008 23.8% +4.5%
2009 23.7% -0.4%
2010 24.2% +2.2%
2011 25.6% +5.6%
2012 24.2% -5.4%
2013 24.6% +1.4%
2014 25.9% +5.6%
2015 25.1% -3.4%
2016 24.9% -0.6%
2017 23.5% -5.5%
2018 23.4% -0.6%
2019 25.4% +8.3%
2020 26.2% +3.4%
2021 24.9% -5.1%
2022 24.8% -0.4%
2023 25.6% +3.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.3% 18.0% 23.8% 7
2010s 24.7% 23.4% 25.9% 10
2020s 25.4% 24.8% 26.2% 4

Countries ranked near Armenia

  1. 107 Grenada 25.8% compare
  2. 108 Suriname 25.7% compare
  3. 109 Eswatini 25.6% compare
  4. 111 Zambia 25.3% compare
  5. 112 Chile 25.1% compare
  6. 113 Senegal 25.1% compare

See the full ranking of 174 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is government revenues as a share of gdp in Armenia?
Government revenues as a share of gdp in Armenia was 25.6% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
What is the highest government revenues as a share of gdp recorded in Armenia?
The highest recorded value was 26.2% in 2020.
What is the lowest government revenues as a share of gdp recorded in Armenia?
The lowest recorded value was 18.0% in 2003.
How does Armenia rank for government revenues as a share of gdp?
Armenia ranks 110th out of 174 countries with data for 2023.
Is government revenues as a share of gdp rising or falling in Armenia?
Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.

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Government revenues as a share of GDP in Armenia. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/government-revenues-as-a-share-of-gdp-imf/armenia/

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About this data

Indicator
Government revenues as a share of GDP
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,311 data points, 2000–2023
Last refreshed

Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.