Caucasus countries' budget balance in relation to GDP 2028
The statistic shows the budget balance in relation to GDP of the Caucasus countries between 2018 and 2028. A positive value indicates a budget surplus, a negative value indicates a deficit. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. In 2022, Armenia's deficit amounted to around 4.59 percent of GDP.