Armenia recorded a government budget deficit of 24704.10 AMD Billion in the third quarter of 2019. Armenia Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in Armenia averaged -24574.38 AMD Billion from 2002 until 2019, reaching an all time high of 93147.40 AMD Billion in the second quarter of 2019 and a record low of -176100.10 AMD Billion in the fourth quarter of 2017. This page provides - Armenia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget Value in Armenia is expected to be -180000.00 AMD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Armenia to stand at -190000.00 in 12 months time. In the long-term, the Armenia Government Budget Value is projected to trend around -190000.00 AMD Billion in 2021, according to our econometric models.


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Armenia Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-24704.10 93147.40 93147.40 -176100.10 2002 - 2019 AMD Billion Quarterly
Current Prices, NSA


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.