Government revenue — all countries

Government revenue — Armenia

Government revenue in Armenia in 2024 — 24.14%. Ranked 58 in the world out of 89. Since 2004, the indicator has risen by 5.94 pp.

2024 24.14% +0.27 pp vs 2023
World rank 58of 89
Period maximum 24.51%2014
Period minimum 18.2%2004

Trend over time

2004–2024 · % of GDP

Government revenue — Armenia, 2004–20241820222426200420062008201020122014201620182020202220242004: 18.2%2005: 19.3%2006: 19.76%2007: 21.38%2008: 22.86%2009: 22.25%2010: 22.65%2011: 22.73%2012: 22.6%2013: 24.12%2014: 24.51%2015: 23.09%2016: 22.83%2017: 22.53%2018: 22.45%2019: 23.94%2020: 24.14%2021: 23.39%2022: 23.46%2023: 23.88%2024: 24.14%
Change over the period: +5.94 pp Annual average: 0.3 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 24.14%
World 23.9%
Government revenue — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 24.14 +0.27 pp
2023 23.88 +0.42 pp
2022 23.46 +0.07 pp
2021 23.39 −0.76 pp
2020 24.14 +0.2 pp
2019 23.94 +1.49 pp
2018 22.45 −0.07 pp
2017 22.53 −0.31 pp
2016 22.83 −0.26 pp
2015 23.09 −1.42 pp
2014 24.51 +0.4 pp
2013 24.12 +1.52 pp
2012 22.6 −0.13 pp
2011 22.73 +0.08 pp
2010 22.65 +0.39 pp
2009 22.25 −0.61 pp
2008 22.86 +1.48 pp
2007 21.38 +1.62 pp
2006 19.76 +0.46 pp
2005 19.3 +1.11 pp
2004 18.2

About the indicator

Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.

Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.

Source: World Development Indicators (World Bank), license CC BY 4.0.