Armenia recorded a government budget deficit of 8866.80 AMD Billion in the third quarter of 2018. Government Budget Value in Armenia averaged -26286.83 AMD Billion from 2002 until 2018, reaching an all time high of 28457.50 AMD Billion in the first quarter of 2013 and a record low of -176100.10 AMD Billion in the fourth quarter of 2017.
Government Budget Value in Armenia is expected to be -170000.00 AMD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Armenia to stand at -57600.00 in 12 months time. In the long-term, the Armenia Government Budget Value is projected to trend around -190000.00 AMD Billion in 2020, according to our econometric models.