Subsidies, payable, Ratio of this level of government's expenditure in Armenia
Armenia: Subsidies, payable, Ratio of this level of government's expenditure was 0.997 in 2020. ▼ Falling
Subsidies, payable, Ratio of this level of government's expenditure in Armenia, 2004–2020
Source: International Monetary Fund.
Analysis
Armenia recorded 0.997 for subsidies, payable, ratio of this level of government's expenditure in 2020.
That represents a change of down 0.1% on the previous year and up 15.3% over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Armenia peaked at 0.9981 in 2019 and was at its lowest, 0.116, in 2017.
That places Armenia 14th out of 75 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Subsidies, payable, Ratio of this level of government's expenditure in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.9457 | — |
| 2005 | 0.8587 | -9.2% |
| 2006 | 0.8871 | +3.3% |
| 2007 | 0.8649 | -2.5% |
| 2013 | 0.3519 | -59.3% |
| 2014 | 0.3443 | -2.2% |
| 2015 | 0.3574 | +3.8% |
| 2016 | 0.5701 | +59.5% |
| 2017 | 0.116 | -79.6% |
| 2018 | 0.3331 | +187.1% |
| 2019 | 0.9981 | +199.6% |
| 2020 | 0.997 | -0.1% |
Armenia compared with similar countries
- Armenia's 0.997 is above the median for upper middle income countries, which is 0.9018, 1.1× the median. (25 countries reporting)
- Armenia's 0.997 is above the median for Europe & Central Asia, which is 0.7742, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8891 | 0.8587 | 0.9457 | 4 |
| 2010s | 0.4387 | 0.116 | 0.9981 | 7 |
| 2020s | 0.997 | 0.997 | 0.997 | 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 subsidies, payable, ratio of this level of government's expenditure in Armenia?
- Subsidies, payable, ratio of this level of government's expenditure in Armenia was 0.997 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Armenia?
- The highest recorded value was 0.9981 in 2019.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Armenia?
- The lowest recorded value was 0.116 in 2017.
- How does Armenia rank for subsidies, payable, ratio of this level of government's expenditure?
- Armenia ranks 14th out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Armenia?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, 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.