Armenia’s Ministry of Finance has published budget performance figures for January–October 2025.
During the first ten months of the year, state budget revenue reached AMD 2,367.8 billion, marking a 14.2% increase, or approximately AMD 294.4 billion, compared to the same period in 2024.
Expenditures totaled AMD 2,597.5 billion in the same period, up by AMD 312.6 billion or 13.7% year-on-year.
The state budget posted a deficit of AMD 229.7 billion between January and October, compared to a deficit of AMD 211.5 billion during the same period in 2024.






