Social contributions in Armenia
Armenia: Social contributions was 0.7% in 2015. ◆ Volatile
Social contributions in Armenia, 2004–2015
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2015, social contributions in Armenia stood at 0.7%. That is the lowest value across all 12 years on record.
That represents a change of down 48.5% on the previous year and down 94.9% over ten years.
Over the whole period, social contributions in Armenia peaked at 14.8% in 2006 and was at its lowest, 0.7%, in 2015.
Armenia ranks 93rd of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions in Armenia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2004 | 14.1% | — |
| 2005 | 14.3% | +1.2% |
| 2006 | 14.8% | +4.0% |
| 2007 | 12.7% | -14.6% |
| 2008 | 12.6% | -0.3% |
| 2009 | 14.2% | +12.8% |
| 2010 | 12.9% | -9.3% |
| 2011 | 13.4% | +3.6% |
| 2012 | 13.1% | -2.3% |
| 2013 | 1.6% | -87.6% |
| 2014 | 1.4% | -13.0% |
| 2015 | 0.7% | -48.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.8% | 12.6% | 14.8% | 6 |
| 2010s | 7.2% | 0.7% | 13.4% | 6 |
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 social contributions in Armenia?
- Social contributions in Armenia was 0.7% in 2015, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Armenia?
- The highest recorded value was 14.8% in 2006.
- What is the lowest social contributions recorded in Armenia?
- The lowest recorded value was 0.7% in 2015.
- How does Armenia rank for social contributions?
- Armenia ranks 93rd out of 112 countries with data for 2015.
- Is social contributions rising or falling in Armenia?
- Over the last ten years it is down 94.9%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.