Consumer Spending in Armenia increased to 1230382.80 AMD Million in the third quarter of 2018 from 1046815.20 AMD Million in the second quarter of 2018. Consumer Spending in Armenia averaged 664815.31 AMD Million from 2000 until 2018, reaching an all time high of 1256282.40 AMD Million in the fourth quarter of 2017 and a record low of 202409 AMD Million in the first quarter of 2000.
Consumer Spending in Armenia is expected to be 1306534.00 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 1100203.00 in 12 months time. In the long-term, the Armenia Consumer Spending is projected to trend around 1425400.00 AMD Million in 2020, according to our econometric models.