Wage bill as a percentage of GDP in Armenia
Armenia: Wage bill as a percentage of GDP was 5.4% in 2022. β² Rising
Latest (2022)
5.4%
Change on year
down 4.5%
World rank
143rd
of 190 countries
All-time high
6.2%
in 2020
All-time low
1.5%
in 2003
Years of data
20
2003β2022
Wage bill as a percentage of GDP in Armenia, 2003β2022
Source: World Bank.
Analysis
Armenia recorded 5.4% for wage bill as a percentage of gdp in 2022.
Compared with earlier readings it is down 4.5% on the previous year and up 15.7% over ten years.
Over the whole period, wage bill as a percentage of gdp in Armenia peaked at 6.2% in 2020 and was at its lowest, 1.5%, in 2003.
Armenia ranks 143rd of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 1.5% | 6.0% | 7 |
| 2010s | 5.3% | 4.7% | 6.0% | 10 |
| 2020s | 5.7% | 5.4% | 6.2% | 3 |
Countries ranked near Armenia
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 wage bill as a percentage of gdp in Armenia?
- Wage bill as a percentage of gdp in Armenia was 5.4% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Armenia?
- The highest recorded value was 6.2% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Armenia?
- The lowest recorded value was 1.5% in 2003.
- How does Armenia rank for wage bill as a percentage of gdp?
- Armenia ranks 143rd out of 190 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Armenia?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).