Consumer Spending in Armenia decreased to 1080065.80 AMD Million in the first quarter of 2019 from 1434358.30 AMD Million in the fourth quarter of 2018. Consumer Spending in Armenia averaged 682086.54 AMD Million from 2000 until 2019, reaching an all time high of 1434358.30 AMD Million in the fourth quarter of 2018 and a record low of 202409 AMD Million in the first quarter of 2000.
Consumer Spending in Armenia is expected to be 1077143.88 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Armenia to stand at 1488863.92 in 12 months time. In the long-term, the Armenia Consumer Spending is projected to trend around 1625900.58 AMD Million in 2020, according to our econometric models.