Revenue, excluding grants (current LCU) in Armenia
Armenia: Revenue, excluding grants (current LCU) was 2.46 trillion current LCU in 2024. ▲ Rising
Revenue, excluding grants in Armenia, 2004–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for revenue, excluding grants in Armenia is 2.46 trillion current LCU, measured in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 107.9% over ten years.
Over the whole period, revenue, excluding grants in Armenia peaked at 2.46 trillion current LCU in 2024 and was at its lowest, 347.21 billion current LCU, in 2004.
Armenia ranks 46th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Revenue, excluding grants (current LCU) in Armenia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 347.21 billion current LCU | — |
| 2005 | 432.99 billion current LCU | +24.7% |
| 2006 | 524.95 billion current LCU | +21.2% |
| 2007 | 673.47 billion current LCU | +28.3% |
| 2008 | 815.71 billion current LCU | +21.1% |
| 2009 | 699.12 billion current LCU | -14.3% |
| 2010 | 783.66 billion current LCU | +12.1% |
| 2011 | 858.59 billion current LCU | +9.6% |
| 2012 | 964.13 billion current LCU | +12.3% |
| 2013 | 1.10 trillion current LCU | +14.0% |
| 2014 | 1.18 trillion current LCU | +7.7% |
| 2015 | 1.16 trillion current LCU | -1.6% |
| 2016 | 1.16 trillion current LCU | -0.7% |
| 2017 | 1.25 trillion current LCU | +8.3% |
| 2018 | 1.35 trillion current LCU | +7.8% |
| 2019 | 1.57 trillion current LCU | +16.0% |
| 2020 | 1.49 trillion current LCU | -4.7% |
| 2021 | 1.64 trillion current LCU | +9.6% |
| 2022 | 1.99 trillion current LCU | +21.9% |
| 2023 | 2.27 trillion current LCU | +13.7% |
| 2024 | 2.46 trillion current LCU | +8.6% |
Armenia compared with similar countries
- Armenia's 2.46 trillion current LCU is above the median for upper middle income countries, which is 450.01 billion current LCU, 5.5× the median. (48 countries reporting)
- Armenia's 2.46 trillion current LCU is above the median for Europe & Central Asia, which is 266.60 billion current LCU, 9.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 582.24 billion current LCU | 347.21 billion current LCU | 815.71 billion current LCU | 6 |
| 2010s | 1.14 trillion current LCU | 783.66 billion current LCU | 1.57 trillion current LCU | 10 |
| 2020s | 1.97 trillion current LCU | 1.49 trillion current LCU | 2.46 trillion current LCU | 5 |
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is revenue, excluding grants in Armenia?
- Revenue, excluding grants in Armenia was 2.46 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Armenia?
- The highest recorded value was 2.46 trillion current LCU in 2024.
- What is the lowest revenue, excluding grants recorded in Armenia?
- The lowest recorded value was 347.21 billion current LCU in 2004.
- How does Armenia rank for revenue, excluding grants?
- Armenia ranks 46th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Armenia?
- Over the last ten years it is up 107.9%. 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 Revenue, excluding grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.