Armenia recorded a government budget deficit of 20629.30 AMD Million in the second quarter of 2021. source: Ministry of Finance of the Republic of Armenia

Government Budget Value in Armenia averaged -29403.07 AMD Million from 2002 until 2021, reaching an all time high of 93147.40 AMD Million in the second quarter of 2019 and a record low of -176100.10 AMD Million in the fourth quarter of 2017. This page provides - Armenia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Budget Value - values, historical data and charts - was last updated on September of 2021.

Government Budget Value in Armenia is expected to be -190000.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Budget Value is projected to trend around -190000.00 AMD Million in 2022, according to our econometric models.

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Armenia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-20629.30 -50625.80 93147.40 -176100.10 2002 - 2021 AMD Million Quarterly
Current Prices, NSA

Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.79 49.91 62.79 14.25 percent of GDP [+]
Government Budget -5.40 -1.00 -0.70 -7.50 percent of GDP [+]
Government Budget Value -20629.30 -50625.80 93147.40 -176100.10 AMD Million [+]
Government Revenues 452981.30 362087.70 502229.30 54380.30 AMD Million [+]
Government Debt 4329.20 3923.90 4329.20 491.00 AMD Billion [+]
Fiscal Expenditure 473610.60 412713.50 677978.30 58587.20 AMD Million [+]
Credit Rating 16.00 [+]
Military Expenditure 635.00 652.00 652.00 52.10 USD Million [+]
Government Spending 228256.30 188026.30 371885.20 15855.90 AMD Million [+]
Government Spending To Gdp 16.00 24.80 28.60 16.00 percent of GDP [+]


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.