Central government revenues as a share of GDP in Armenia
Armenia: Central government revenues as a share of GDP was 24.1% in 2024. ▲ Rising
Central government revenues as a share of GDP in Armenia, 2004–2024
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2024, central government revenues as a share of gdp in Armenia stood at 24.1%.
Compared with earlier readings it is up 1.1% on the previous year and down 1.5% over ten years.
Over the whole period, central government revenues as a share of gdp in Armenia peaked at 24.5% in 2014 and was at its lowest, 18.2%, in 2004.
That places Armenia 89th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Central government revenues as a share of GDP in Armenia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 18.2% | — |
| 2005 | 19.3% | +6.1% |
| 2006 | 19.8% | +2.4% |
| 2007 | 21.4% | +8.2% |
| 2008 | 22.9% | +6.9% |
| 2009 | 22.3% | -2.7% |
| 2010 | 22.6% | +1.8% |
| 2011 | 22.7% | +0.3% |
| 2012 | 22.6% | -0.6% |
| 2013 | 24.1% | +6.7% |
| 2014 | 24.5% | +1.6% |
| 2015 | 23.1% | -5.8% |
| 2016 | 22.8% | -1.1% |
| 2017 | 22.5% | -1.4% |
| 2018 | 22.5% | -0.3% |
| 2019 | 23.9% | +6.6% |
| 2020 | 24.1% | +0.8% |
| 2021 | 23.4% | -3.1% |
| 2022 | 23.5% | +0.3% |
| 2023 | 23.9% | +1.8% |
| 2024 | 24.1% | +1.1% |
Armenia compared with similar countries
- Armenia's 24.1% is below the median for upper middle income countries, which is 25.7%, 94% of the median. (48 countries reporting)
- Armenia's 24.1% is below the median for Europe & Central Asia, which is 35.0%, 69% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.6% | 18.2% | 22.9% | 6 |
| 2010s | 23.1% | 22.5% | 24.5% | 10 |
| 2020s | 23.8% | 23.4% | 24.1% | 5 |
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 central government revenues as a share of gdp in Armenia?
- Central government revenues as a share of gdp in Armenia was 24.1% in 2024, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Armenia?
- The highest recorded value was 24.5% in 2014.
- What is the lowest central government revenues as a share of gdp recorded in Armenia?
- The lowest recorded value was 18.2% in 2004.
- How does Armenia rank for central government revenues as a share of gdp?
- Armenia ranks 89th out of 157 countries with data for 2024.
- Is central government revenues as a share of gdp rising or falling in Armenia?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.