Goods and services expense (% of expense) in Armenia
Armenia: Goods and services expense (% of expense) was 10.0% in 2023. ◆ Volatile
Goods and services expense in Armenia, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Armenia stood at 10.0%. That is the lowest value across all 20 years on record.
That represents a change of down 16.5% on the previous year and down 36.0% over ten years.
Over the whole period, goods and services expense in Armenia peaked at 41.6% in 2004 and was at its lowest, 10.0%, in 2023.
Armenia ranks 103rd of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (% of expense) in Armenia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2004 | 41.6% | — |
| 2005 | 39.8% | -4.2% |
| 2006 | 34.8% | -12.7% |
| 2007 | 36.2% | +4.2% |
| 2008 | 11.9% | -67.2% |
| 2009 | 12.7% | +7.0% |
| 2010 | 13.4% | +5.0% |
| 2011 | 14.2% | +6.3% |
| 2012 | 16.4% | +15.3% |
| 2013 | 15.7% | -4.0% |
| 2014 | 17.1% | +8.9% |
| 2015 | 15.9% | -7.0% |
| 2016 | 10.4% | -34.6% |
| 2017 | 14.7% | +41.0% |
| 2018 | 13.9% | -5.2% |
| 2019 | 14.5% | +3.9% |
| 2020 | 11.6% | -20.1% |
| 2021 | 11.9% | +3.2% |
| 2022 | 12.0% | +1.0% |
| 2023 | 10.0% | -16.5% |
Armenia compared with similar countries
- Armenia's 10.0% is below the median for upper middle income countries, which is 15.2%, 66% of the median. (46 countries reporting)
- Armenia's 10.0% is above the median for Europe & Central Asia, which is 9.0%, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (% of expense) in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -67.2% | 36.2% | 11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.5% | 11.9% | 41.6% | 6 |
| 2010s | 14.6% | 10.4% | 17.1% | 10 |
| 2020s | 11.4% | 10.0% | 12.0% | 4 |
Countries ranked near Armenia
More public sector data for Armenia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.92 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 200 % change on previous year (2024)
Frequently asked questions
- What is goods and services expense in Armenia?
- Goods and services expense in Armenia was 10.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Armenia?
- The highest recorded value was 41.6% in 2004.
- What is the lowest goods and services expense recorded in Armenia?
- The lowest recorded value was 10.0% in 2023.
- How does Armenia rank for goods and services expense?
- Armenia ranks 103rd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Armenia?
- Over the last ten years it is down 36.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.