{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","title":"Share of government consumption in GDP vs. share of population living in extreme poverty","unit":"% of GDP"},"observations":[{"date":"1992-01-01","value":59.5071},{"date":"1993-01-01","value":56.0734},{"date":"1994-01-01","value":41.7344},{"date":"1995-01-01","value":41.8545},{"date":"1996-01-01","value":36.2101},{"date":"1997-01-01","value":25.4717},{"date":"1998-01-01","value":21.8289},{"date":"1999-01-01","value":16.826},{"date":"2000-01-01","value":14.7217},{"date":"2001-01-01","value":12.8305},{"date":"2002-01-01","value":10.8237},{"date":"2003-01-01","value":10.0936},{"date":"2004-01-01","value":9.73387},{"date":"2005-01-01","value":10.079},{"date":"2006-01-01","value":11.2693},{"date":"2007-01-01","value":11.7059},{"date":"2008-01-01","value":12.0601},{"date":"2009-01-01","value":14.8173},{"date":"2010-01-01","value":16.6499},{"date":"2011-01-01","value":18.5546},{"date":"2012-01-01","value":17.4472},{"date":"2013-01-01","value":20.993},{"date":"2014-01-01","value":22.3201},{"date":"2015-01-01","value":24.2055},{"date":"2016-01-01","value":23.837},{"date":"2017-01-01","value":22.9172},{"date":"2018-01-01","value":17.8019},{"date":"2019-01-01","value":19.9661},{"date":"2020-01-01","value":22.9642},{"date":"2021-01-01","value":19.7774},{"date":"2022-01-01","value":17.498},{"date":"2023-01-01","value":20.1762}],"summary":{"latest_period":"2023-01-01","latest_value":20.1762,"max":59.5071,"mean":21.9609,"min":9.73387,"of":184,"rank":88,"trend":"volatile"}}
