Armenia`s budget revenues 15.1% up in Jan-Aug 2025 

ArmInfo.In January-August 2025, state budget revenues of the Republic of Armenia amounted to 1 trillion 868.5 billion drams. Compared to the same period of the previous year, this represents a 15.1% increase, or 244.5 billion  drams.

According to the information bulletin of the Armenian Mifnin on state  budget execution, state treasury expenditures in January-August 2025  amounted to 1,929.2 billion drams. Compared to the same period of  2024, this figure increased by 12.9%, or 220.6 billion drams.

During the reporting period, the state budget of the Republic of  Armenia was executed with a deficit of 60.7 billion drams, compared  to 84.6 million drams in the same period of the previous year.

As a reminder, the 2025 state budget projects GDP growth of 5.1%.  Revenues are projected at 2 trillion 873.6 billion drams, of which 2  trillion 720.3 billion drams will come from taxes and state duties (2  trillion 759.9 billion drams in the original budget). Expenditures  are expected at 3 trillion 441.6 billion drams, of which 2 trillion  706.8 billion drams will be allocated for current expenditures. The  deficit will amount to 604 billion drams. Capital expenditures will  reach 734.9 billion drams (6.7% of GDP). The GDP deflator is expected  to be 2.5%, and average inflation is expected to be 3.6%.