🇦🇲 Armenia Goods and services expense
Armenia Goods and services expense was $119.97B in 2024, down 40.0% from 2023, according to World Bank data. The 10-year average is $184.68B. Historical data available from 2004 to 2024 (21 data points). The all-time high was $216.56B in 2022.
Source: World Bank World Development Indicators • 2004–2024 • 21 data points • Public Sector
Latest Value
$119.97B
2024
Year-on-Year
-40.0%
vs 2023
10-Year Average
$184.68B
2015–2024
Range
High: $216.56B (2022)
Low: $89.64B (2008)
Armenia Goods and services expense (current LCU) — 2004 to 2024
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About this Indicator
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $119.97B |
| 2023 | $199.79B |
| 2022 | $216.56B |
| 2021 | $208.09B |
| 2020 | $189.88B |
| 2019 | $205.83B |
| 2018 | $184.82B |
| 2017 | $184.91B |
| 2016 | $135.64B |
| 2015 | $201.32B |
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<iframe src="https://nationstat.com/country/armenia/goods-and-services-expense-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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