Gini inequality index reduction (%) - Contributory Pensions -urban in Armenia

Armenia: Gini inequality index reduction (%) - Contributory Pensions -urban was 27.9% in 2022. ▲ Rising

Latest (2022)
27.9%
Change on year
up 5.3%
World rank
7th
of 32 countries
All-time high
32.1%
in 2020
All-time low
16.3%
in 2008
Years of data
15
2008–2022

Gini inequality index reduction (%) - Contributory Pensions -urban in Armenia, 2008–2022

01020302008201520222008: 16.32009: 20.32010: 19.72011: 19.12012: 21.92013: 18.32014: 19.72015: 20.92016: 19.12017: 23.22018: 23.22019: 25.22020: 32.12021: 26.52022: 27.9

Source: ASPIRE.

Analysis

The most recent figure for gini inequality index reduction (%) - contributory pensions -urban in Armenia is 27.9%, measured in 2022.

Compared with earlier readings it is up 5.3% on the previous year and up 27.4% over ten years.

Over the whole period, gini inequality index reduction (%) - contributory pensions -urban in Armenia peaked at 32.1% in 2020 and was at its lowest, 16.3%, in 2008.

That places Armenia 7th out of 32 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.3% 16.3% 20.3% 2
2010s 21.0% 18.3% 25.2% 10
2020s 28.9% 26.5% 32.1% 3

Countries ranked near Armenia

  1. 4 Poland 38.4% compare
  2. 5 Moldova 37.8% compare
  3. 6 Ukraine 34.4% compare
  4. 8 Kyrgyzstan 22.4% compare
  5. 9 Kazakhstan 20.5% compare
  6. 10 Mongolia 18.6% compare

See the full ranking of 33 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is gini inequality index reduction (%) - contributory pensions -urban in Armenia?
Gini inequality index reduction (%) - contributory pensions -urban in Armenia was 27.9% in 2022, according to ASPIRE.
What is the highest gini inequality index reduction (%) - contributory pensions -urban recorded in Armenia?
The highest recorded value was 32.1% in 2020.
What is the lowest gini inequality index reduction (%) - contributory pensions -urban recorded in Armenia?
The lowest recorded value was 16.3% in 2008.
How does Armenia rank for gini inequality index reduction (%) - contributory pensions -urban?
Armenia ranks 7th out of 32 countries with data for 2022.
Is gini inequality index reduction (%) - contributory pensions -urban rising or falling in Armenia?
Over the last ten years it is up 27.4%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from ASPIRE, published as part of Gini inequality index reduction (%) - Contributory Pensions -urban. Statizoid updates them automatically from the source API.

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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gini inequality index reduction (%) - Contributory Pensions -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Gini inequality index reduction due to Contributory Pensions programs as % of pre-transfer Gini index