Fiscal Balance in Armenia

Armenia Fiscal Balance | Economic News & Forecasts

Armenia - Fiscal Balance

The 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

2013   2014   2015   2016   2017  
Fiscal Balance (% of GDP)-1.6  -1.9  -4.8  -5.5  -4.8  

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

Armenia Facts

Value Change Date
Stock Market0.10.0 %Jan 07

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