Fiscal Balance in Armenia
Armenia - Fiscal BalanceAccording 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
|Fiscal Balance (% of GDP)||-1.5||-1.9||-4.8||-5.4||-4.8|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance of the Republic of Armenia
|Stock Market||0.5||0.0 %||Mar 20|
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