Armenia - General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Armenia was 624,536,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 624,536,000,000 in 2020 and a minimum value of 217,240,000,000 in 1998.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 247,643,000,000
1995 242,240,000,000
1996 227,997,000,000
1997 222,503,000,000
1998 217,240,000,000
1999 220,305,000,000
2000 229,329,000,000
2001 237,799,000,000
2002 248,598,000,000
2003 278,115,000,000
2004 307,773,000,000
2005 365,112,000,000
2006 414,860,000,000
2007 436,678,000,000
2008 430,717,000,000
2009 426,776,000,000
2010 443,545,000,000
2011 469,425,000,000
2012 465,469,000,000
2013 500,845,000,000
2014 494,835,000,000
2015 518,092,000,000
2016 505,658,000,000
2017 495,039,000,000
2018 480,188,000,000
2019 542,132,000,000
2020 624,536,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts