Vertical fiscal imbalance, Percent (Central government) in Armenia
Armenia: Vertical fiscal imbalance, Percent (Central government) was 0.1925 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Armenia, 2004–2020
Source: International Monetary Fund.
Analysis
Armenia recorded 0.1925 for vertical fiscal imbalance, percent in 2020. That is the highest value across all 12 years on record.
The figure is up 545.7% on the previous year and up 5,045.0% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Armenia peaked at 0.1925 in 2020 and was at its lowest, -0.0102, in 2013.
That places Armenia 12th out of 64 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent (Central government) in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.0141 | — |
| 2005 | -0.004 | -128.7% |
| 2006 | -0.0083 | +105.5% |
| 2007 | 0.0037 | -145.0% |
| 2013 | -0.0102 | -372.8% |
| 2014 | -0.0036 | -64.9% |
| 2015 | 0.1502 | -4290.0% |
| 2016 | 0.1347 | -10.3% |
| 2017 | 0.1243 | -7.7% |
| 2018 | 0.0309 | -75.1% |
| 2019 | 0.0298 | -3.6% |
| 2020 | 0.1925 | +545.7% |
Armenia compared with similar countries
- Armenia's 0.1925 is above the median for upper middle income countries, which is -0.0208. (26 countries reporting)
- Armenia's 0.1925 is above the median for Europe & Central Asia, which is -0.1454. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0014 | -0.0083 | 0.0141 | 4 |
| 2010s | 0.0652 | -0.0102 | 0.1502 | 7 |
| 2020s | 0.1925 | 0.1925 | 0.1925 | 1 |
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)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 21.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is vertical fiscal imbalance, percent in Armenia?
- Vertical fiscal imbalance, percent in Armenia was 0.1925 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Armenia?
- The highest recorded value was 0.1925 in 2020.
- What is the lowest vertical fiscal imbalance, percent recorded in Armenia?
- The lowest recorded value was -0.0102 in 2013.
- How does Armenia rank for vertical fiscal imbalance, percent?
- Armenia ranks 12th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Armenia?
- Over the last ten years it is up 5,045.0%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, 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.