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Armenia Government Budget: Revenues and Spending

Armenia Government Budget Data

Indicator Data Period
Government Budget Value 74880 AMD Billion | 185.627 B USD 2Q/23
Government Spending 269199 AMD Million | 0.667 B USD 2Q/23
Government Revenues 696676 AMD Billion | 1727.052 B USD 2Q/23
Government Budget to GDP -2.5 % 2022


Latest data on Government Budget Value (AMD Billion)

Government Budget Value
                     Armenia - Historical Data (AMD Billion)

How much is Armenia Government Budget?

  • The surplus of government budget in Armenia decreased to 74880 AMD Billion (185.627 B USD) in the second quarter of 2023. The maximum surplus was 93147 AMD Billion and deficit was -176100 AMD Billion.
  • Data published Quarterly by Ministry of Finance.

Historical Data (AMD Billion) by years

Data
Period
Date
74880 2Q/23 07.09.2023
75038 1Q/23 03.06.2023
-246718 4Q/22 04.03.2023
-28088 3Q/22 03.12.2022
45311 2Q/22 03.09.2022
28675 1Q/22 27.05.2022
-157431 4Q/21 12.03.2022
-72871 3Q/21 18.01.2022


Historical Chart by presidents (AMD Billion)

Government Budget Value in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Armen Sarkissian 09.04.2018 - -18993.2000 -18993.2000 -18993.2000 -18993.2000 0.00%
Serzh Sargsyan 09.04.2008 - 09.04.2018 -14000.8000 -176100.0900 -14000.8000 -176100.0900 1157.79%


Latest data on Government Spending (AMD Million)

Government Spending
                     Armenia - Historical Data (AMD Million)

What is current Armenia Government Spending?

  • Government Spending in Armenia increased to 269199 AMD Million (0.667 B USD) in the second quarter of 2023. The maximum volume was 371885 AMD Million and minimum was 15856 AMD Million
  • Data published Quarterly by National Statistical Service.

Historical Data (AMD Million) by years

Data
Period
Date
269199 2Q/23 26.08.2023
189426 1Q/23 27.05.2023
471034 4Q/22 25.02.2023
349287 3Q/22 26.11.2022
250992 2Q/22 27.08.2022
177903 1Q/22 23.05.2022
396219 4Q/21 26.02.2022
326399 3Q/21 18.01.2022


Historical Chart by presidents (AMD Million)

Government Spending in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Serzh Sargsyan 09.04.2008 - 09.04.2018 143600.5000 261802.2000 261802.2000 143600.5000 82.31%


Latest data on Government Revenues (AMD Billion)

Government Revenues
                     Armenia - Historical Data (AMD Billion)

How much is Armenia Government Revenue?

  • Government Revenues in Armenia increased to 696676 AMD Billion (1727.052 B USD) in the second quarter of 2023. The maximum volume was 502229 AMD Billion and minimum was 54380 AMD Billion
  • Data published Quarterly by Ministry of Finance.

Historical Data (AMD Billion) by years

Data
Period
Date
696676 2Q/23 07.09.2023
502157 1Q/23 03.06.2023
587666 4Q/22 04.03.2023
532491 3Q/22 03.12.2022
572313 2Q/22 03.09.2022
425491 1Q/22 27.05.2022
505213 4Q/21 12.03.2022
423931 3Q/21 18.01.2022


Historical Chart by presidents (AMD Billion)

Government Revenues in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Armen Sarkissian 09.04.2018 - 266176.5000 266176.5000 266176.5000 266176.5000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Armenia - Historical Data (%)

What is the deficit of Armenia Government Budget?

  • The deficit of Current Account to GDP in Armenia increased to 2.5 % in 2022. The maximum surplus was -0.7 % and deficit was -7.5 %.
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-2.5 2022 20.04.2023
-4.6 2021 27.05.2022
-5.4 2020 03.08.2021
-1 2019 24.07.2020
-1.8 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Armenia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Armenia

Index Updated Actual Previous
Government Debt to GDP 2022 49.27 % 60.25
Fiscal Expenditure  2Q/23 1.541 B USD 1.059
Military Expenditure 2022 0.795 B USD 0.619

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 5.06 % -6.23
Jordan 2022 -4.6 % -5.4
Kyrgyzstan 2022 -1.1 % -0.2
Mongolia 2022 -1.9 % -6.8
Nepal 2022 -5.4 % -6.1
Palestine 2022 3.6 % 1.9
Tajikistan 2022 0.3 % 0.2
Cambodia 2021 -7.3 % -3.7
China 2022 -7.4 % -6.1
Georgia 2022 -3 % -6
India 2022 -6.44 % -6.72
Israel 2022 0.6 % -4.4
Pakistan 2022 -7.9 % -6.1
South Korea 2022 -7 % -5.2
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % -3.2
Maldives 2022 -14.3 % -13.8
Armenia 2022 -2.5 % -4.6
Hong Kong 2022 -5 % -3.6
Indonesia 2022 -2.38 % -4.65
Japan 2022 -6.4 % -5.1
Kazakhstan 2022 -2.3 % -5
Lebanon 2020 -3.5 % -10.4
Malaysia 2022 -5.6 % -6.4
Philippines 2022 -7.3 % -8.6
Qatar 2022 0 % 0.2
Singapore 2022 -0.3 % -0.9
Sri Lanka 2022 -10.2 % -11.7
Thailand 2022 -4.9 % -9.1
Oman 2022 2.6 % -3.6
Iran 2022 -4 % -4.2
Laos 2022 -0.3 % -1.3
Azerbaijan 2022 -1 % -1.1
Kuwait 2022 11.6 % 2.3
Saudi Arabia 2022 2.5 % -2.3
Bahrain 2022 -5.6 % -11.6
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2022 1 % -0.3
Uzbekistan 2022 -4 % -6
Iraq 2022 6.4 % -0.4
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2022 -7.8 % -6.3
Brunei 2021 -5.4 % -19.6
Mauritius 2021 -5.4 % -5.6