Armenia’s Finance Ministry reports AMD 27.8bn nine-month surplus
For January–September 2026, revenue reached 104.3% of its revised target and spending 85.6%, leaving a surplus instead of a planned AMD 474.4 billion deficit.
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For January–September 2026, revenue reached 104.3% of its revised target and spending 85.6%, leaving a surplus instead of a planned AMD 474.4 billion deficit.
Armenia’s state budget recorded an AMD 27.8 billion surplus in January–September 2026, against a deficit of AMD 474.4 billion in the revised plan for those nine months. The same period in 2025 ended with an AMD 79.9 billion deficit. Armenia’s Finance Ministry published the figures, which Armenpress carried on October 26.
Total state budget revenue exceeded its revised nine-month target, while total spending fell short. Both were higher than in the same period of 2025.
| Measure | 2026 total | Revised nine-month plan | Comparison with January–September 2025 |
|---|---|---|---|
| Total revenue | AMD 2,431 billion | 104.3% of target | Up 14.4%, or AMD 305.7 billion |
| Total spending | AMD 2,403 billion | 85.6% of target | Up 9%, or AMD 197.9 billion |
| Budget balance | AMD 27.8 billion surplus | AMD 474.4 billion deficit |
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| AMD 79.9 billion deficit |
The ministry’s monthly budget page lists reports through September. The full-year 2026 budget balance remains to be determined.
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