Fiscal Balance in Armenia

Armenia Fiscal Balance | Economic News & Forecasts

Armenia - Fiscal Balance

According to available data, the economy picked up steam in the final quarter of last year, following a weak performance in Q3. Growth for the year as a whole, however, decelerated markedly from 2017. Economic activity strengthened in Q4 2018 on stronger domestic demand dynamics: An easing inflationary environment, sustained private credit growth and rising wages aided private consumption in Q4. Dynamics were less rosy in the external arena, however, with exports contracting for a second consecutive month in December. Meanwhile, available data paints a mixed picture for the current quarter: Economic activity growth remained elevated, but goods exports continued to plummet in January.

Armenia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.5  -1.9  -4.8  -5.4  -4.8  

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Note: Fiscal balance as % of GDP
Source: Ministry of Finance of the Republic of Armenia

Armenia Facts

ValueChangeDate
Stock Market0.50.0 %Mar 20

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