Armenia Government Budget Value  Forecast


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Government Budget Value in Armenia is expected to be -108430.21 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 -38119.20 in 12 months time. In the long-term, the Armenia Government Budget Value is projected to trend around -61317.24 AMD Billion in 2020, according to our econometric models.


Armenia Government Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 42.23 45 37 37 40.57 31
Government Budget -5.6 -4.1 -3.81 -3.48 -3.14 -1.9
Government Budget Value -19740 -108430 -25503 -20010 -38119 -61317
Government Revenues 319457 318009 291051 310650 303398 306608
Government Debt 2946 2990 2996 2994 2987 2841
Fiscal Expenditure 339197 439003 308496 340326 354217 404946
Government Spending 190305 194428 149283 187109 176451 187118
Credit Rating 42.5
Military Expenditure 423 416 415 414 413 377