Interest, payable, Ratio of this level of government's expenditure on in Armenia
Armenia: Interest, payable, Ratio of this level of government's expenditure on was 0.9996 in 2020. ▬ Flat
Interest, payable, Ratio of this level of government's expenditure on in Armenia, 2004–2020
Source: International Monetary Fund.
Analysis
In 2020, interest, payable, ratio of this level of government's expenditure on in Armenia stood at 0.9996. That is the lowest value across all 12 years on record.
That represents a change of down 0.0% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Armenia peaked at 1 in 2006 and was at its lowest, 0.9996, in 2020.
Armenia ranks 22nd of 80 countries on this measure, in the middle of the range.
Interest, payable, Ratio of this level of government's expenditure on in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1 | — |
| 2005 | 0.9999 | -0.0% |
| 2006 | 1 | +0.0% |
| 2007 | 1 | +0.0% |
| 2013 | 1 | -0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | -0.0% |
| 2020 | 0.9996 | -0.0% |
Armenia compared with similar countries
- Armenia's 0.9996 is above the median for upper middle income countries, which is 0.9878, 1.0× the median. (28 countries reporting)
- Armenia's 0.9996 is above the median for Europe & Central Asia, which is 0.966, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1 | 0.9999 | 1 | 4 |
| 2010s | 1 | 1 | 1 | 7 |
| 2020s | 0.9996 | 0.9996 | 0.9996 | 1 |
Countries ranked near Armenia
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 21.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 467.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0546 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.92 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.42 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 248.23 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in Armenia?
- Interest, payable, ratio of this level of government's expenditure on in Armenia was 0.9996 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Armenia?
- The highest recorded value was 1 in 2006.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Armenia?
- The lowest recorded value was 0.9996 in 2020.
- How does Armenia rank for interest, payable, ratio of this level of government's expenditure on?
- Armenia ranks 22nd out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Armenia?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (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.