Other expense in Armenia
Armenia: Other expense was 17.1% in 2023. ▲ Rising
Other expense in Armenia, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, other expense in Armenia stood at 17.1%.
The figure is down 5.6% on the previous year and down 19.1% over ten years.
Over the whole period, other expense in Armenia peaked at 22.9% in 2009 and was at its lowest, 0.8%, in 2005.
Armenia ranks 17th of 147 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.5% | 0.8% | 22.9% | 6 |
| 2010s | 17.9% | 14.7% | 22.1% | 10 |
| 2020s | 17.6% | 17.1% | 18.1% | 4 |
Countries ranked near Armenia
More public sector data for Armenia
- Arms imports 21.00 million SIPRI trend indicator values (2024)
- Tax revenue 22.4% (2024)
- Taxes on income, profits and capital gains 39.6% (2024)
- Taxes on goods and services 48.2% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -3.6% (2024)
- Interest payments 12.6% (2024)
- Grants and other revenue 8.4% (2024)
- Interest payments 12.7% (2023)
- Other taxes 0.7% (2024)
Frequently asked questions
- What is other expense in Armenia?
- Other expense in Armenia was 17.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Armenia?
- The highest recorded value was 22.9% in 2009.
- What is the lowest other expense recorded in Armenia?
- The lowest recorded value was 0.8% in 2005.
- How does Armenia rank for other expense?
- Armenia ranks 17th out of 147 countries with data for 2023.
- Is other expense rising or falling in Armenia?
- Over the last ten years it is down 19.1%. The long-run trend across the full record is rising.
- 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 Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.