Total Expenditure (general government) — Value Standard Local Currency in Armenia
Armenia: Total Expenditure (general government) — Value Standard Local Currency was 2.98 million million SLC in 2024. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Armenia, 2004–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (general government) — value standard local currency in Armenia stood at 2.98 million million SLC. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 135.0% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Armenia peaked at 2.98 million million SLC in 2024 and was at its lowest, 388,501 million SLC, in 2004.
That places Armenia 29th out of 114 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Armenia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 388,501 million SLC | — |
| 2005 | 476,301 million SLC | +22.6% |
| 2006 | 564,812 million SLC | +18.6% |
| 2007 | 739,585 million SLC | +30.9% |
| 2008 | 872,826 million SLC | +18.0% |
| 2009 | 947,593 million SLC | +8.6% |
| 2010 | 975,854 million SLC | +3.0% |
| 2011 | 1.01 million million SLC | +3.9% |
| 2012 | 1.04 million million SLC | +2.3% |
| 2013 | 1.17 million million SLC | +12.9% |
| 2014 | 1.27 million million SLC | +8.4% |
| 2015 | 1.44 million million SLC | +13.8% |
| 2016 | 1.49 million million SLC | +2.9% |
| 2017 | 1.54 million million SLC | +3.8% |
| 2018 | 1.48 million million SLC | -3.9% |
| 2019 | 1.67 million million SLC | +12.6% |
| 2020 | 1.92 million million SLC | +15.5% |
| 2021 | 2.06 million million SLC | +7.1% |
| 2022 | 2.32 million million SLC | +12.6% |
| 2023 | 2.59 million million SLC | +11.6% |
| 2024 | 2.98 million million SLC | +15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 664,936 million SLC | 388,501 million SLC | 947,593 million SLC | 6 |
| 2010s | 1.31 million million SLC | 975,854 million SLC | 1.67 million million SLC | 10 |
| 2020s | 2.38 million million SLC | 1.92 million million SLC | 2.98 million million SLC | 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)
- Services, value added (current US$), annual growth rate 11.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6134 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 5,811 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.86 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 237.38 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 2.25 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.9 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3609 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Armenia?
- Total expenditure (general government) — value standard local currency in Armenia was 2.98 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Armenia?
- The highest recorded value was 2.98 million million SLC in 2024.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Armenia?
- The lowest recorded value was 388,501 million SLC in 2004.
- How does Armenia rank for total expenditure (general government) — value standard local currency?
- Armenia ranks 29th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in Armenia?
- Over the last ten years it is up 135.0%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (general government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.