National Accounts
Public Finance
BoP and Foreign Trade
Prices and Rates
Monetary Survey

Government Finance                                                                                                                                      Data were updated on August 8, 2014.

Main Indicators of State and Consolidated Budgets in 1991-2013: billion AMD; in % to GDP

State Budget Revenues in 2008-2013: billion AMD; in % to GDP

State Budget Expenditures by Functional Classification in 2008-2013billion AMD; in % to GDP

State Budget Expenditures by Economic Classification in 2008-2013billion AMD; in % to GDP

Public Debt in 2008-2012: billion AMD; in % to GDP

 

Table 1. Main Indicators of State and Consolidated Budgets, bln AMD

 

1991

1995

2000

2008

2009

2010

2011

2012

2013

 Revenues, total

   State Budget

4.6

94.5

172.1

785.4

690.0

780.4

880.9

946.2

1,071.4

   Consolidated Budget

-

-

204.8

802.9

711.7

804.3

906.1

975.1

1,101.7

 Expenditures, total

   State Budget

4.4

125.6

222.9

810.6

929.1

954.3

986.5

1,006.1

1,142.9

   Consolidated Budget

-

-

254.4

829.5

947.6

975.9

1,013.5

1,036.9

1,170.6

 Deficit (-)/Surplus (+)

   State Budget

0.3

-31.1

-50.8

-25.2

-239.1

-173.9

-105.7

-59.9

-71.5

   Consolidated Budget

-

-

-49.7

-26.6

-235.9

-171.6

-107.4

-61.8

-68.8

Note: Data for 1991 are in bln roubles. State budget data for 1991 and 1995 include Municipal budgets data. Municipal budgets have been separated from the State budget in 1997. 

 

Table 2. State Budget Revenues, bln AMD

 

2008

2009

2010

2011

2012

2013

 State budget revenues, total

785.4

690.0

780.4

880.9

946.2

1,071.4

 1. Taxes, duties and compulsory social insuarance contribution

726.1

625.3

699.4

777.4

878.4

1,000.9

  1.1 Tax revenues

598.8

503.3

574.1

631.6

725.5

956.0

     Value added tax

318.3

254.2

301.7

328.5

369.7

401.9

     Excise tax

45.9

42.8

48.1

39.4

49.3

52.1

     Income tax

53.7

60.2

73.9

81.2

91.7

5.8

     Profit tax

86.2

80.8

77.8

97.8

118.7

124.6

     Property tax

0.0

0.0

0.0

0.0

0.0

0.0

     Land tax

0.0

0.0

0.0

0.0

0.0

0.0

     Customs duty

37.3

25.1

29.4

36.3

43.0

46.3

     Fixes payments

20.3

23.8

22.0

20.7

14.9

11.0

     Other tax incomes

37.0

16.4

21.1

27.6

38.3

49.8

     Turnover tax

-

-

-

-

-

13.4

     Income tax (new)

-

-

-

-

-

251.1

  1.2 State duties

22.3

19.0

20.0

22.4

23.8

27.3

  1.3 Compulsory social insurance contributions

105.0

102.9

105.3

123.4

129.1

17.6

 2. Official transfers

15.0

21.7

30.6

59.4

18.7

13.3

 3. Other incomes

44.3

43.0

50.4

44.0

49.1

57.2

 

Table 3. State Budget Expenditures by Functional Classification, bln AMD

 

2008

2009

2010

2011

2012

2013

 State budget expenditures, total

810.6

929.1

954.3

986.5

1,006.1

1,142.9

 01 General public services

104.8

113.0

143.3

154.1

160.5

188.1

 02 Defense

121.2

130.2

147.6

145.5

152.8

182.0

 03 Maintenance of public order and security and judicial activities

61.7

69.5

67.4

72.5

76.7

91.4

 04 Economic relations

89.4

133.8

112.5

84.0

71.1

128.3

 05 Preservation of the environment

3.0

3.9

4.9

6.6

7.0

4.6

 06 Housing and communal facilities

14.0

21.1

42.8

43.8

14.3

21.7

 07 Health

50.0

56.2

56.1

63.3

64.5

64.4

 08 Culture, sport and religion

16.0

16.3

16.1

17.6

22.8

18.6

 09 Education

103.5

107.5

97.8

106.1

102.8

103.1

 10 Social security

212.6

243.6

244.2

256.2

291.7

297.4

 11 Expenditures non classified under the main groups

34.3

33.9

21.6

36.8

41.9

43.2

 

Table 4. State Budget Expenditures by Economic Classification, bln AMD

 

2008

2009

2010

2011

2012

2013

 State budget expenditures, total

810.6

929.1

954.3

986.5

1,006.1

1,142.9

 1. Current expenditures

717.5

718.3

763.1

812.3

875.6

1,015.4

  Wages

64.1

75.6

78.3

84.7

86.2

101.0

  Acquisition of goods and services

135.3

152.3

159.9

171.5

204.7

215.4

  Subsidies

87.7

19.0

17.8

19.8

21.1

25.0

  Interest payments

11.1

16.3

30.4

35.5

40.7

46.7

  Transfers

83.2

80.1

94.4

99.4

112.8

122.8

  Expenditures of social pentions and allowances

207.9

240.2

244.0

256.4

288.5

294.9

  Other expenditures

128.2

134.9

138.3

145.1

121.6

209.5

 2. Transactions with non financial assets

93.1

210.8

191.2

174.2

130.5

127.5

 

Table 5. Public Debt in 1995-2012, mln USD and bln AMD

 

1995

2000

2005

2008

2010

2011

2012

mln. USD

 

  External debt

-

859.5

1099.2

1577.1

3299.0

3568.2

3737.8

    Debt of Government

-

651.0

896.7

1396.6

2732.7

2947.4

3143.2¹

    Debt of Central Bank

-

175.5

196.2

176.0

562.6

617.3

594.6

    Credits Guaranteed by Government and CB

-

19.1

3.1

0.0

0.0

0.0

0.0

    Special Credit Programs

-

13.9

3.3

4.4

3.7

3.5

 

  Domestic debt

0.5

54.0

114.1

328.9

496.0

560.5

631.0

bln. AMD

 

  External debt

-

474.6

494.9

483.7

1199.0

1376.5

1508.5

    Debt of Government

-

359.5

403.7

428.4

993.2

1137.0

1268.5¹

    Debt of Central Bank

-

96.9

88.3

54.0

204.5

238.1

240.0

    Credits guaranteed by Government and CB

-

10.6

1.4

0.0

0.0

0.0

0.0

    Special credit programs

-

7.7

1.5

1.4

1.4

1.4

0.0

  Domestic debt

0.2

29.8

51.3

100.9

180.3

216.2

254.7

¹ Includes special credit programs. 

 

Table 1.1 Main Indicators of State and Consolidated Budgets, in % to GDP

 

1991

1995

2000

2008

2009

2010

2011

2012

2013

 Revenues, total

   State Budget

29.0

18.0

16.7

22.0

22.0

22.6

23.3

23.7

25.1

   Consolidated Budget

-

-

19.9

22.5

22.7

23.2

24.0

24.4

25.8

 Expenditures, total

   State Budget

27.4

24.0

21.6

22.7

29.6

27.6

26.1

25.1

26.7

   Consolidated Budget

-

-

24.7

23.2

30.2

28.2

26.8

25.9

27.4

 Deficit (-)/Surplus (+)

   State Budget

1.6

-6.0

-4.9

-0.7

-7.6

-5.0

-2.8

-1.5

-1.7

   Consolidated Budget

-

-

-4.8

-0.7

-7.5

-5.0

-2.8

-1.5

-1.6

Note: Data for 1991 are in bln roubles. State budget data for 1991 and 1995 include Municipal budgets data. Municipal budgets have been separated from the State budget in 1997. 

 

Table 2.1 State Budget Revenues, in % to GDP 

 

2008

2009

2010

2011

2012

2013

 State budget revenues, total

22.0 22.0 22.6 23.3 23.7 25.1

 1. Taxes, duties and compulsory social insuarance contribution

20.3 19.9 20.2 20.6 22.0 23.4

  1.1 Tax revenues

16.8 16.0 16.6 16.7 18.1 22.4

     Value added tax

8.9 8.1 8.7 8.7 9.2 9.4

     Excise tax

1.3 1.4 1.4 1.0 1.2

1.2

     Income tax

1.5 1.9 2.1 2.1 2.3

0.1

     Profit tax

2.4 2.6 2.2 2.6 3.0

2.9

     Property tax

0.0

0.0

0.0

0.0

0.0

0.0

     Land tax

0.0

0.0

0.0

0.0

0.0

0.0

     Customs duty

1.0 0.8 0.8 1.0 1.1

1.1

     Fixes payments

0.6 0.8 0.6 0.5 0.4

0.3

     Other tax incomes

1.0 0.5 0.6 0.7 1.0

1.2

     Turnover tax

- - - - -

0.3

     Income tax (new)

- - - - -

5.9

  1.2 State duties

0.6 0.6 0.6 0.6 0.6

0.6

  1.3 Compulsory social insurance contributions

2.9 3.3 3.0 3.3 3.2

0.4

 2. Official transfers

0.4 0.7 0.9 1.6 0.5

0.3

 3. Other incomes

1.2 1.4 1.5 1.2 1.2

1.3

 

Table 3.1 State Budget Expenditures by Functional Classification, in % to GDP

 

2008

2009

2010

2011

2012

2013

 State budget expenditures, total

22.7

29.6

27.6

26.1

25.1

26.7

 01 General public services

2.9

3.6

4.1

4.1

4.0

4.4

 02 Defense

3.4

4.1

4.3

3.9

3.8

4.3

 03 Maintenance of public order and security and judicial activities

1.7

2.2

1.9

1.9

1.9

2.1

 04 Economic relations

2.5

4.3

3.2

2.2

1.8

3.0

 05 Preservation of the environment

0.1

0.1

0.1

0.2

0.2

0.1

 06 Housing and communal facilities

0.4

0.7

1.2

1.2

0.4

0.5

 07 Health

1.4

1.8

1.6

1.7

1.6

1.5

 08 Culture, sport and religion

0.4

0.5

0.5

0.5

0.6

0.4

 09 Education

2.9

3.4

2.8

2.8

2.6

2.4

 10 Social security

6.0

7.8

7.1

6.8

7.3

7.0

 11 Expenditures non classified under the main groups

1.0

1.1

0.6

1.0

1.0

1.0

 

Table 4.1 State Budget Expenditures by Economic Classification, in % to GDP

 

2008

2009

2010

2011

2012

2013

 State budget expenditures, total

22.7

29.6

27.6

26.1

25.1 26.7 

 1. Current expenditures

20.1

22.9

22.1

21.5

21.9 23.8 

  Wages

1.8

2.4

2.3

2.2

2.2 2.4 

  Acquisition of goods and services

3.8

4.8

4.6

4.5

5.1 5.0 

  Subsidies

2.5

0.6

0.5

0.5

0.5 0.6 

  Interest payments

0.3

0.5

0.9

0.9

1.0 1.1 

  Transfers

2.3

2.5

2.7

2.6

2.8 2.9 

  Expenditures of social pentions and allowances

5.8

7.6

7.1

6.8

7.2 6.9 

  Other expenditures

3.6

4.3

4.0

3.8

3.0 4.9 

 2. Transactions with non financial assets

2.6

6.7

5.5

4.6

3.3 3.0 

 

Table 5.1 Public Debt in 1995-2012, in % to GDP

 

1995

2000

2005

2008

2010

2011

2012

In dollar term

 

  External debt

-

45.0

22.4

13.5

35.6

35.2

37.7

    Debt of Government

-

34.1

18.3

12.0

29.5

29.1

31.7¹

    Debt of Central Bank

-

9.2

4.0

1.5

6.1

6.1

6.0

    Credits Guaranteed by Government and CB

-

1.0

0.1

0.0

0.0

0.0

0.0

    Special Credit Programs

-

0.7

0.1

0.0

0.0

0.0

0.0

  Domestic debt

0.04

2.8

2.3

2.8

5.4

5.5

6.4

In dram terms

 

  External debt

-

46.0

22.1

13.6

34.7

36.4

37.9

    Debt of Government

-

34.9

18.0

12.0

28.7

30.1

31.9¹

    Debt of Central Bank

-

9.4

3.9

1.5

5.9

6.3

6.0

    Credits guaranteed by Government and CB

-

1.0

0.1

0.0

0.0

0.0

0.0

    Special credit programs

-

0.7

0.1

0.0

0.0

0.0

0.0

  Domestic debt

0.0

2.9

2.3

2.8

5.2

5.7

6.4

¹ Includes special credit programs.