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Armenia
Revenue, excluding grants (% of GDP)

Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Global rank#58out of 89 countries
Go to rankingOpenglobal ranking and map

Historical trend

24.522.921.419.818.2200420142024Armenia · 2024: 24.14%Armenia

Analytical takeaways

  • Armenia records 24.14% for Revenue, excluding grants (% of GDP) in 2024, ranking #58 globally out of 89 countries.
  • Revenue, excluding grants (% of GDP) increased from 18.20% in 2004 to 24.14% in 2024, a gain of 5.94%.
  • The country sits in the middle of the global distribution for this metric, making the page a balanced entry point for comparative analysis beyond the extremes.

Comparison

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