[NEWS] Armenian Budget 2032
#The National Budget FY 2032
| GDP | $17,500,000,000.00 |
|---|---|
| GDP growth rate | 2.92% |
| GDP per capita | $5,885.85 |
| Population in thousands | 2,973 |
######Annual Statements
| Expenditure | $2,922,500,000.00 |
|---|---|
| Revenues | $3,500,000,000.00 |
######Breakdown by Sectors
| Sector | Expenditure in millions | %Budget | %GDP |
|---|---|---|---|
| General Government | $116.90 | 4.00% | 0.67% |
| Defence | $613.73 | 21.00% | 3.51% |
| Foreign Aid | $73.06 | 2.50% | 0.42% |
| Science and Technology | $204.58 | 7.00% | 1.17% |
| Energy | $263.03 | 9.00% | 1.50% |
| Resources and Environment | $233.80 | 8.00% | 1.34% |
| Agriculture | $233.80 | 8.00% | 1.34% |
| Infrastructure and Transportation | $233.80 | 8.00% | 1.34% |
| Education and Training | $263.03 | 9.00% | 1.50% |
| Labour and Social Services | $233.80 | 8.00% | 1.34% |
| Health | $248.41 | 8.50% | 1.42% |
| Social Security | $160.74 | 5.50% | 0.92% |
| Debt | $43.84 | 1.50% | 0.25% |
| Total Spending | $2,922.50 | 100.00% | 16.70% |
| Deficit/Surplus | $577.50 | 33.00% |
######Economic Growth
| Base Growth | Population Growth | Regional Growth | Modifier |
|---|---|---|---|
| 2.96% | -0.34% | 3.60% | 0.40% |
As large scale war continues to be waged across Europe, the Armenian government has temporarily put an emphasis on defense spending to modernize its aging army in case Armenia is invaded.
[M]I know its already 2033 but the GDP data hasn't been put in for 2033 yet so I just did 2032, not really a big difference. This is my first budget post, so please let me know if I did something wrong so I can fix it.
Posted Apr 15, 2016, 1:59 AM UTC · edited
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