Subsidies and other transfers in Armenia
Armenia: Subsidies and other transfers was 40.8% in 2023. ▲ Rising
Subsidies and other transfers in Armenia, 2004–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Armenia is 40.8%, measured in 2023.
Compared with earlier readings it is up 2.5% on the previous year and up 10.6% over ten years.
Over the whole period, subsidies and other transfers in Armenia peaked at 46.1% in 2016 and was at its lowest, 32.2%, in 2004.
Armenia ranks 67th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Subsidies and other transfers in Armenia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2004 | 32.2% | — |
| 2005 | 36.5% | +13.5% |
| 2006 | 37.2% | +2.0% |
| 2007 | 34.9% | -6.2% |
| 2008 | 43.2% | +23.8% |
| 2009 | 37.4% | -13.5% |
| 2010 | 39.0% | +4.3% |
| 2011 | 36.0% | -7.6% |
| 2012 | 37.2% | +3.2% |
| 2013 | 36.9% | -0.7% |
| 2014 | 40.9% | +11.0% |
| 2015 | 37.3% | -9.0% |
| 2016 | 46.1% | +23.7% |
| 2017 | 38.5% | -16.5% |
| 2018 | 40.2% | +4.5% |
| 2019 | 38.2% | -5.0% |
| 2020 | 41.1% | +7.7% |
| 2021 | 42.1% | +2.3% |
| 2022 | 39.8% | -5.4% |
| 2023 | 40.8% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.9% | 32.2% | 43.2% | 6 |
| 2010s | 39.0% | 36.0% | 46.1% | 10 |
| 2020s | 40.9% | 39.8% | 42.1% | 4 |
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 subsidies and other transfers in Armenia?
- Subsidies and other transfers in Armenia was 40.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Armenia?
- The highest recorded value was 46.1% in 2016.
- What is the lowest subsidies and other transfers recorded in Armenia?
- The lowest recorded value was 32.2% in 2004.
- How does Armenia rank for subsidies and other transfers?
- Armenia ranks 67th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Armenia?
- Over the last ten years it is up 10.6%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.