Armenia: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 354.31 billion Armenian Dram as of Q4 2024, an increase compared to the previous value of 309.79 billion Armenian Dram. Historically, the average for Armenia from Q1 2000 to Q4 2024 is 138.4 billion Armenian Dram. The minimum of 15.86 billion Armenian Dram was recorded in Q1 2000, while the maximum of 482.01 billion Armenian Dram was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Armenian Dram
- Source: National Statistical Service of the Republic of Armenia
| Recent values | Armenia: Government expenditure, billion currency units |
|---|---|
| 2024 Q4 | 354.31 |
| 2024 Q3 | 309.79 |
| 2024 Q2 | 246.08 |
| 2024 Q1 | 176.8 |
| 2023 Q4 | 482.01 |
| 2023 Q3 | 396.66 |
| 2023 Q2 | 269.2 |
| 2023 Q1 | 189.43 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 14.07 | 2023 | percent |
| Government spending, in dollars | 3.41 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.93 | 2023 | percent |
| Government debt | 50.70 | 2023 | percent |
| Government expenditure | 354.31 | Q4/2024 | billion |
| Tax revenue | 21.83 | 2022 | percent |
| Commercial tax rate | 22.60 | 2019 | percent |
| Tax preparation time | 264 | 2019 | hours |
| Number of taxes | 15 | 2019 | taxes |
| Taxes on goods and services | 54.40 | 2022 | percent |
| Taxes on international trade | 2.82 | 2022 | percent |
| Income and profits taxes | 34.68 | 2022 | percent |
| Foreign aid | 300.35 | 2022 | million U.S. dollars |