Vertical fiscal imbalance, Percent in Armenia

Armenia: Vertical fiscal imbalance, Percent was 0.1925 in 2020. ◆ Volatile

Latest (2020)
0.1925
Change on year
up 545.7%
World rank
12th
of 64 countries
All-time high
0.1925
in 2020
All-time low
-0.0102
in 2013
Years of data
12
2004–2020

Vertical fiscal imbalance, Percent in Armenia, 2004–2020

00.050.10.150.22004201220202004: 0.0142005: -0.0042006: -0.0082007: 0.0042013: -0.012014: -0.0042015: 0.152016: 0.1352017: 0.1242018: 0.0312019: 0.032020: 0.192

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 in Armenia, year by year

Annual values for Vertical fiscal imbalance, Percent (Central government) in Armenia, 2004 to 2020.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Costa Rica 0.2529 compare
  2. 10 Canada 0.2153 compare
  3. 11 Chile 0.207 compare
  4. 13 Guatemala 0.1795 compare
  5. 14 Georgia 0.1748 compare
  6. 15 Hungary 0.1736 compare

See the full ranking of 64 places →

More public sector data for Armenia

All data for Armenia →

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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Vertical fiscal imbalance, Percent in Armenia. Statizoid, drawing on International Monetary Fund. Retrieved 29 August 2026, from https://public-sector.statizoid.com/stat/vertical-fiscal-imbalance-percent-central-government/armenia/

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About this data

Indicator
Vertical fiscal imbalance, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
64 places, 1,123 data points, 1989–2020
Last refreshed

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.