Armenia recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2019.
Government Budget in Armenia averaged -3.18 percent of GDP from 1995 until 2019, 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 August of 2020.
Government Budget in Armenia is expected to reach -5.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Budget is projected to trend around -8.50 percent of GDP in 2021 and -9.00 percent of GDP in 2022, according to our econometric models.