Fiscal Expenditure in Armenia increased to 677978.30 AMD Million in the fourth quarter of 2020 from 473622.60 AMD Million in the third quarter of 2020. source: Ministry of Finance of the Republic of Armenia

Fiscal Expenditure in Armenia averaged 257633.41 AMD Million from 2002 until 2020, reaching an all time high of 677978.30 AMD Million in the fourth quarter of 2020 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 May of 2021.

Fiscal Expenditure in Armenia is expected to be 580000.00 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 2022, according to our econometric models.

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Armenia Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
677978.30 473622.60 677978.30 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 -175749.00 -102989.50 93147.40 -176100.10 AMD Billion [+]
Government Revenues 502229.30 370633.10 502229.30 54380.30 AMD Billion [+]
Government Debt 3923.90 3826.10 3923.90 491.00 AMD Billion [+]
Fiscal Expenditure 677978.30 473622.60 677978.30 58587.20 AMD Million [+]
Credit Rating 16.00 [+]
Military Expenditure 658.00 609.00 658.00 51.10 USD Million [+]
Government Spending 371885.20 248173.50 371885.20 15855.90 AMD Million [+]
Government Spending To Gdp 16.00 24.80 28.60 16.00 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.