Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia
Armenia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 11.7% in 2022. ▼ Falling
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia, 2008–2022
Source: ASPIRE.
Analysis
The most recent figure for adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia is 11.7%, measured in 2022.
That represents a change of down 8.3% on the previous year and down 55.4% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia peaked at 30.3% in 2009 and was at its lowest, 9.5%, in 2020.
That places Armenia 21st out of 30 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 12.6% | — |
| 2009 | 30.3% | +140.9% |
| 2010 | 12.5% | -58.8% |
| 2011 | 26.3% | +110.7% |
| 2014 | 28.5% | +8.6% |
| 2016 | 16.9% | -40.6% |
| 2019 | 17.3% | +1.9% |
| 2020 | 9.5% | -45.1% |
| 2021 | 12.8% | +34.5% |
| 2022 | 11.7% | -8.3% |
Armenia compared with similar countries
- Armenia's 11.7% is below the median for Europe & Central Asia, which is 20.1%, 58% of the median. (9 countries reporting)
- Armenia's 11.7% is below the median for upper middle income countries, which is 14.0%, 84% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.4% | 12.6% | 30.3% | 2 |
| 2010s | 20.3% | 12.5% | 28.5% | 5 |
| 2020s | 11.3% | 9.5% | 12.8% | 3 |
Countries ranked near Armenia
More work & labour data for Armenia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7088 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.6966 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.721 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.13 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.0634 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,005 1000 No (2050)
- Population - Est. & Proj. — Rural population 695.21 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 854.22 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 837.98 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,692 1000 No (2100)
Frequently asked questions
- What is adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia?
- Adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia was 11.7% in 2022, according to ASPIRE.
- What is the highest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Armenia?
- The highest recorded value was 30.3% in 2009.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Armenia?
- The lowest recorded value was 9.5% in 2020.
- How does Armenia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
- Armenia ranks 21st out of 30 countries with data for 2022.
- Is adequacy of benefits in 5th quintile (richest) (%) - domestic private rising or falling in Armenia?
- Over the last ten years it is down 55.4%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from ASPIRE, published as part of Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private Transfers -rural. Statizoid updates them automatically from the source API.
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About this data
Total transfer amount received by all beneficiaries in a population group as a share of the total welfare of beneficiaries in that group