Share of government expenditure going to interest payments in Armenia
Armenia: Share of government expenditure going to interest payments was 12.74 in 2023. ◆ Volatile
Share of government expenditure going to interest payments in Armenia, 2004–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Armenia stood at 12.74. That is the highest value across all 20 years on record.
The figure is up 15.6% on the previous year and up 181.2% over ten years.
Over the whole period, share of government expenditure going to interest payments in Armenia peaked at 12.74 in 2023 and was at its lowest, 1.47, in 2008.
That places Armenia 39th out of 152 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government expenditure going to interest payments in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 3.04 | — |
| 2005 | 2.44 | -19.7% |
| 2006 | 1.98 | -18.8% |
| 2007 | 1.86 | -6.4% |
| 2008 | 1.47 | -21.0% |
| 2009 | 2.17 | +48.2% |
| 2010 | 3.82 | +76.1% |
| 2011 | 4.17 | +9.0% |
| 2012 | 4.46 | +7.0% |
| 2013 | 4.53 | +1.6% |
| 2014 | 5.32 | +17.4% |
| 2015 | 5.86 | +10.1% |
| 2016 | 7.54 | +28.8% |
| 2017 | 9.7 | +28.6% |
| 2018 | 10.47 | +7.9% |
| 2019 | 11.07 | +5.7% |
| 2020 | 10.03 | -9.4% |
| 2021 | 10.36 | +3.3% |
| 2022 | 11.02 | +6.4% |
| 2023 | 12.74 | +15.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.16 | 1.47 | 3.04 | 6 |
| 2010s | 6.69 | 3.82 | 11.07 | 10 |
| 2020s | 11.04 | 10.03 | 12.74 | 4 |
Countries ranked near Armenia
- 36 Senegal 13.2 compare
- 37 Colombia 13.19 compare
- 38 United States of America 12.9 compare
- 40 Tanzania, United Republic of 12.56 compare
- 41 Papua New Guinea 12.28 compare
- 42 Guatemala 11.96 compare
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Armenia?
- Share of government expenditure going to interest payments in Armenia was 12.74 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Armenia?
- The highest recorded value was 12.74 in 2023.
- What is the lowest share of government expenditure going to interest payments recorded in Armenia?
- The lowest recorded value was 1.47 in 2008.
- How does Armenia rank for share of government expenditure going to interest payments?
- Armenia ranks 39th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Armenia?
- Over the last ten years it is up 181.2%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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