Armenia vs Ethiopia: Goods and services expense

Armenia
119.97 billion current LCU
in 2024
Ethiopia
149.06 billion current LCU
in 2024
Armenia rank
58th
Ethiopia rank
56th

Goods and services expense over time

  • Armenia
  • Ethiopia
050.0B100.0B150.0B200.0B199020072024

How they compare

Ethiopia currently reports 149.06 billion current LCU against 119.97 billion current LCU in Armenia, a difference of 29.09 billion current LCU.

That makes Ethiopia's figure about 1.2 times Armenia's.

The two have swapped places 1 time across 21 shared years of data; in 2004 it was Armenia ahead.

Armenia ranks 58th and Ethiopia ranks 56th of 155 countries.

Armenia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Armenia Ethiopia Difference Ahead
2000s 139.04 billion current LCU 4.82 billion current LCU 134.22 billion current LCU Armenia
2010s 164.92 billion current LCU 25.64 billion current LCU 139.28 billion current LCU Armenia
2020s 186.86 billion current LCU 96.39 billion current LCU 90.47 billion current LCU Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Armenia or Ethiopia?
Ethiopia, at 149.06 billion current LCU against 119.97 billion current LCU in Armenia as of 2024.
What is the difference in goods and services expense between Armenia and Ethiopia?
29.09 billion current LCU, with Ethiopia ahead.
How many years of comparable data are there for Armenia and Ethiopia?
21 years are reported by both, from 2004 to 2024.
How do Armenia and Ethiopia rank globally for goods and services expense?
Armenia ranks 58th and Ethiopia ranks 56th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.