Deficit, Percent of own spending (Central government) in Armenia
Armenia: Deficit, Percent of own spending (Central government) was -0.174 in 2020. ◆ Volatile
Deficit, Percent of own spending in Armenia, 2004–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Armenia is -0.174, measured in 2020.
Compared with earlier readings it is down 705.0% on the previous year and down 404.9% over ten years.
Over the whole period, deficit, percent of own spending in Armenia peaked at -0.0216 in 2019 and was at its lowest, -0.2077, in 2016.
That places Armenia 21st out of 66 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending (Central government) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | -0.0581 | — |
| 2005 | -0.0728 | +25.3% |
| 2006 | -0.0376 | -48.4% |
| 2007 | -0.0345 | -8.4% |
| 2013 | -0.0657 | +90.6% |
| 2014 | -0.0725 | +10.4% |
| 2015 | -0.173 | +138.6% |
| 2016 | -0.2077 | +20.1% |
| 2017 | -0.1578 | -24.0% |
| 2018 | -0.0797 | -49.5% |
| 2019 | -0.0216 | -72.9% |
| 2020 | -0.174 | +705.0% |
Armenia compared with similar countries
- Armenia's -0.174 is above the median for upper middle income countries, which is -0.3126, 56% of the median. (26 countries reporting)
- Armenia's -0.174 is above the median for Europe & Central Asia, which is -0.2415, 72% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.0508 | -0.0728 | -0.0345 | 4 |
| 2010s | -0.1111 | -0.2077 | -0.0216 | 7 |
| 2020s | -0.174 | -0.174 | -0.174 | 1 |
Countries ranked near Armenia
More public sector data for Armenia
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- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
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Frequently asked questions
- What is deficit, percent of own spending in Armenia?
- Deficit, percent of own spending in Armenia was -0.174 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Armenia?
- The highest recorded value was -0.0216 in 2019.
- What is the lowest deficit, percent of own spending recorded in Armenia?
- The lowest recorded value was -0.2077 in 2016.
- How does Armenia rank for deficit, percent of own spending?
- Armenia ranks 21st out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Armenia?
- Over the last ten years it is down 404.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.