The statistic shows the budget balance in relation to GDP of the Caucasus countries between 2019 and 2029. 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 2.11 percent of GDP.
Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP
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IMF. (April 22, 2024). Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/
IMF. "Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP." Chart. April 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/
IMF. (2024). Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/
IMF. "Caucasus Countries: Budget Balance between 2019 to 2029 in Relation to Gdp." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/
IMF, Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP Statista, https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/ (last visited December 21, 2024)
Caucasus countries: Budget balance between 2019 to 2029 in relation to GDP [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/980488/caucasus-countries-budget-balance-in-relation-to-gdp/
