Fiscal Expenditure in Armenia decreased to 335597.40 AMD Million in the first quarter of 2020 from 588998.30 AMD Million in the fourth quarter of 2019.

Fiscal Expenditure in Armenia averaged 246452.69 AMD Million from 2002 until 2020, reaching an all time high of 588998.30 AMD Million in the fourth quarter of 2019 and a record low of 58587.20 AMD Million in the first quarter of 2002. This page provides - Armenia Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Fiscal Expenditure - values, historical data and charts - was last updated on August of 2020.

Fiscal Expenditure in Armenia is expected to be 560000.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Armenia to stand at 580000.00 in 12 months time. In the long-term, the Armenia Fiscal Expenditure is projected to trend around 580000.00 AMD Million in 2021, according to our econometric models.

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Armenia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
335597.40 588998.30 588998.30 58587.20 2002 - 2020 AMD Million Quarterly
Current Prices, NSA

Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.60 48.49 48.49 13.56 percent [+]
Government Budget -1.00 -1.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value 46331.30 -161239.60 93147.40 -176100.10 AMD Billion [+]
Government Revenues 381928.70 427758.70 448757.10 54380.30 AMD Billion [+]
Government Debt 3646.90 3509.60 3646.90 491.00 AMD Billion [+]
Fiscal Expenditure 335597.40 588998.30 588998.30 58587.20 AMD Million [+]
Credit Rating 16.00 [+]
Military Expenditure 591.00 444.00 591.00 49.80 USD Million [+]
Government Spending 159313.30 299123.10 299123.10 15855.90 AMD Million [+]
Government Spending To Gdp 24.80 24.10 28.60 23.60 percent of GDP [+]


Armenia Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.