Armenia Government Revenue
General government revenue as % of GDP GGR_NGDP
Armenia's government revenue was 25.13% in 2025, ranked 105th globally. This represents a 0.7% decrease from 2024. Data from IMF WEO, covering 1993–2025.
Overview
Armenia's government revenue stood at 25.13% in 2025, a decline of +0.18% from 2024. The IMF projects 25.13% by 2025. Armenia ranked 105th globally.
Armenia’s government revenue as a share of GDP stood at 25.13 percent in 2025, placing the country 105th in the global ranking according to the IMF World Economic Outlook. Over the 33‑year series, the indicator fell from an early‑period high of 26.15 percent in 1994 to a low of 15.22 percent in 2003, before gradually climbing back toward the mid‑twenties. The recent level matches that of the Republic of Congo (25.13 percent) and is close to China’s 25.08 percent, reflecting a convergence with other emerging economies that sustain revenue near the 25 percent threshold. The post‑trough recovery has been driven by fiscal reforms, improved tax administration and a modest expansion of the tax base, yet revenue remains below the early‑1990s peak. Continued diversification of the economy and further strengthening of tax compliance are likely to sustain the upward trajectory, potentially lifting the ratio above the current level in the coming years.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 25.50% | - | - |
| 2029* IMF | 25.49% | - | - |
| 2028* IMF | 25.47% | - | - |
| 2027* IMF | 25.48% | - | - |
| 2026* IMF | 25.42% | - | - |
| 2025* IMF | 25.13% | - | - |
| 2025 | 25.13% | −0.18% | #105 |
| 2024 | 25.30% | +0.45% | #107 |
| 2023 | 24.86% | +0.59% | #110 |
| 2022 | 24.27% | +0.19% | #113 |
| 2021 | 24.08% | −1.16% | #111 |
| 2020 | 25.25% | +1.32% | #101 |
| 2019 | 23.93% | +1.63% | #114 |
| 2018 | 22.30% | +1.06% | #122 |
| 2017 | 21.24% | −0.17% | #124 |
| 2016 | 21.42% | −0.08% | #122 |
| 2015 | 21.49% | −0.55% | #127 |
| 2014 | 22.05% | −0.16% | #133 |
| 2013 | 22.20% | +1.28% | #131 |
| 2012 | 20.92% | −1.17% | #138 |
| 2011 | 22.09% | +0.87% | #127 |
Detected Pattern
Analysis
Armenia matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Armenia's government revenue was 25.13% in 2025. Ranked 105th globally. This represents a 0.7% decrease from the previous year.
Armenia's government revenue peaked at 26.15% in 1994.
The lowest government revenue in Armenia was 15.22% in 2003.
Armenia ranks 105th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Armenia's government revenue is projected to reach 25.13% by 2025 based on IMF projection.
The government revenue of Armenia in 2025 was 25.13%. This ranks 105th in the world.
Cite this page
@misc{historysaid_armenia_government-revenue,
title = {Armenia Government Revenue},
url = {https://historysaid.com/armenia/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}