Fiscal Balance in Armenia
Armenia - Fiscal BalanceThe economy gained traction in the third quarter of 2019, expanding at the quickest rate since Q1 2018 as domestic activity rebounded on the back of a robust rise in fixed investment. Additionally, growth of exports shot up, despite the challenging global environment, leading to a positive contribution to growth by the external sector in the quarter. Turning to the final quarter of 2019, available data hints at continued upbeat momentum. Economic activity picked up pace in October amid quickening activity in the construction and services sectors, while industrial output jumped in November. However, merchandise export growth moderated notably in October amid slowing gold exports.
Armenia - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.6||-1.9||-4.8||-5.5||-4.8|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance of the Republic of Armenia
|Stock Market||0.1||0.0 %||Jan 07|
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