Armenia Government Budget - Forecast

Government Budget in Armenia is expected to be -2.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Budget is projected to trend around -1.40 percent of GDP in 2020, according to our econometric models.


Forecast Data Chart
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Armenia Government Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 42.23 49.1 50.2 50.2 50.2 52.9
Government Budget -5.6 -2.6 -1.8 -1.8 -1.8 -1.4
Government Budget Value 24004 -170000 -20000 -21500 -57600 -190000
Government Revenues 358778 370000 270000 335000 339000 390000
Government Debt 3225 3540 3610 3690 3760 4370
Fiscal Expenditure 334774 540000 290000 356500 396600 580000
Military Expenditure 437 442 449 449 449 451
Credit Rating 42.5
Government Spending 171669 272274 143388 177334 180424 297045