Armenia Government Budget  Forecast


Armenia Government Budget
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Government Budget in Armenia is expected to be -4.10 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 -1.90 percent of GDP 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 -54727 -109339 -25394 -19847 -44134 -63526
Government Revenues 315814 321208 293551 310971 310448 310462
Government Debt 3011 3026 3041 3047 3044 2912
Fiscal Expenditure 370541 439759 308701 340199 363781 407410
Government Spending 190305 194428 149283 187109 176451 187118
Credit Rating 42.5
Military Expenditure 423 416 415 414 413 377