Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia
Armenia: Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private was 30.4% in 2022. ▲ Rising
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia, 2008–2022
Source: ASPIRE.
Analysis
In 2022, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia stood at 30.4%.
That represents a change of up 2.8% on the previous year and down 13.0% over ten years.
Over the whole period, adequacy of benefits in 5th quintile (richest) (%) - domestic private in Armenia peaked at 36.9% in 2019 and was at its lowest, 23.5%, in 2018.
That places Armenia 5th out of 31 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Adequacy of benefits in 5th quintile (richest) (%) - Domestic Private in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 25.1% | — |
| 2009 | 24.1% | -4.3% |
| 2010 | 24.1% | +0.0% |
| 2011 | 36.6% | +52.1% |
| 2012 | 34.9% | -4.6% |
| 2013 | 33.4% | -4.5% |
| 2014 | 30.7% | -7.9% |
| 2015 | 27.5% | -10.6% |
| 2017 | 28.5% | +3.7% |
| 2018 | 23.5% | -17.3% |
| 2019 | 36.9% | +56.9% |
| 2020 | 28.4% | -23.2% |
| 2021 | 29.6% | +4.2% |
| 2022 | 30.4% | +2.8% |
Armenia compared with similar countries
- Armenia's 30.4% is above the median for Europe & Central Asia, which is 25.2%, 1.2× the median. (9 countries reporting)
- Armenia's 30.4% is above the median for upper middle income countries, which is 17.4%, 1.7× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.6% | 24.1% | 25.1% | 2 |
| 2010s | 30.7% | 23.5% | 36.9% | 9 |
| 2020s | 29.4% | 28.4% | 30.4% | 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 30.4% 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 36.9% in 2019.
- What is the lowest adequacy of benefits in 5th quintile (richest) (%) - domestic private recorded in Armenia?
- The lowest recorded value was 23.5% in 2018.
- How does Armenia rank for adequacy of benefits in 5th quintile (richest) (%) - domestic private?
- Armenia ranks 5th out of 31 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 13.0%. The long-run trend across the full record is rising.
- 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 -urban. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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