Armenia recorded a Government Budget deficit equal to 4 percent of the country's Gross Domestic Product in 2021. source: Central Bank of Armenia
Government Budget in Armenia averaged -3.29 percent of GDP from 1995 until 2021, reaching an all time high of -0.70 percent of GDP in 2008 and a record low of -7.50 percent of GDP in 2009. This page provides - Armenia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Budget - values, historical data and charts - was last updated on June of 2022.
Government Budget in Armenia is expected to reach -2.30 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Budget is projected to trend around -2.60 percent of GDP in 2023 and -2.30 percent of GDP in 2024, according to our econometric models.