Armenia Public Consumption: % of GDP

Key information about Armenia Public Consumption: % of GDP

• Armenia Public Consumption accounted for 11.3 % of its Nominal GDP in Sep 2024, compared with a share of 10.7 % in the previous quarter.
• Armenia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Dec 1994 to Sep 2024, with an average number of 11.8 %.
• The data reached an all-time high of 18.2 % in Dec 2020 and a record low of 8.0 % in Sep 2008.

CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistical Committee of the Republic of Armenia provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Government Consumption as % of Nominal GDP prior to Q1 2013 is based on SNA 1993 and prior to Q1 2000 is sourced from the International Monetary Fund.


Related information about Armenia Public Consumption: % of GDP

• In the latest reports, Armenia GDP expanded 12.1 % YoY in Mar 2023.
• Armenia Nominal GDP reached 4.6 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 7.3 % in Mar 2023.
• Armenia GDP Per Capita reached 6,572.2 USD in Dec 2022.
• Its Gross Savings Rate was measured at 20.6 % in Sep 2024.
• For Nominal GDP contributions, Investment accounted for 22.6 % in Sep 2024.
• Private Consumption accounted for 68.1 % in Sep 2024.

View Armenia's Public Consumption: % of GDP from Dec 1994 to Sep 2024 in the chart:

What was Armenia's Public Consumption: % of GDP in Sep 2024?

Armenia Public Consumption accounted for 11.3 % of its Nominal GDP in Sep 2024, compared with a share of 10.7 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
11.3 Sep 2024	10.7 Jun 2024	8.0 Sep 2008	18.2 Dec 2020	%	quarterly	Dec 1994 - Sep 2024

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