Construction Output in Armenia averaged -2.84 percent from 2011 until 2021, reaching an all time high of 25.10 percent in February of 2018 and a record low of -51 percent in April of 2020. This page provides - Armenia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Construction Output in Armenia is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Armenia to stand at 2.50 in 12 months time. In the long-term, the Armenia Construction Output is projected to trend around 3.00 percent in 2022, according to our econometric models.