ArmInfo. As of December 10, 2024, the consolidated budget of the Republic of Armenia received 2 trillion 173.1 billion drams in tax revenues, which is 83.1% of the adjusted figure for the year in the amount of 2 trillion 614.9 billion (24.9% of GDP).
As reported by the Budget Office of the National Assembly of the Republic of Armenia, citing operational data, during the reporting period, tax revenues to the state treasury of Armenia exceeded the revenues for the same period in 2023 by 10.2% or 202 billion drams and the figure for 2022 by 25.2% (437.8 billion drams). Compared to 2021, the increase was 734.5 billion drams or 51.1%, 909.8 billion drams or 72% more than in 2020. During the reporting period, the same indicator for 2019 was exceeded by 62.5% or 836.8 billion drams. The indicator for 2018 (it was in May of this year that Prime Minister Nikol Pashinyan came to power - ed.) increased by 1055.6 billion drams or 94.5%.
According to the approved state budget, in 2024, under conditions of ensuring 7% GDP growth, the revenues of the state treasury of Armenia will amount to 2 trillion 723 billion drams (25.9% of GDP), and expenses - 3 trillion 206 billion drams (30.5% of GDP). Of the 2 trillion 723 billion drams of state treasury revenues, 2 trillion 613.6 billion will be tax revenues and state duties (24.9% of GDP). 22 billion 276 million drams will be official grants and 87 billion 676 million - other revenues. The growth of the GDP deflator will be 4%.
