Armenia recorded a government budget surplus of 24004.50 AMD Billion in the second quarter of 2018. Government Budget Value in Armenia averaged -26550.77 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.

Armenia Government Budget Value
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Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 41.00 46.19 13.50 percent [+]
Government Budget -5.60 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value 24004.50 -18993.20 28457.50 -176100.10 AMD Billion [+]
Government Revenues 358778.10 266176.50 362297.30 54380.30 AMD Billion [+]
Government Debt 3224.80 3297.80 3297.80 491.00 AMD Billion [+]
Fiscal Expenditure 334773.60 285169.70 538397.40 58587.20 AMD Million [+]
Military Expenditure 437.45 431.40 439.35 49.66 USD Million [+]
Credit Rating 42.50 [+]
Government Spending 203057.90 171668.80 261802.20 15855.90 AMD Million [+]


Armenia Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Armenia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Budget Value - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
24004.50 -18993.20 28457.50 -176100.10 2002 - 2018 AMD Billion Quarterly
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Argentina -16585.90 Oct/18
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United States -100000.00 Oct/18


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