Fiscal Expenditure in Armenia increased to 356380.70 AMD Million in the third quarter of 2018 from 334773.60 AMD Million in the second quarter of 2018. Fiscal Expenditure in Armenia averaged 231206.49 AMD Million from 2002 until 2018, reaching an all time high of 538397.40 AMD Million in the fourth quarter of 2017 and a record low of 58587.20 AMD Million in the first quarter of 2002.
Fiscal Expenditure in Armenia is expected to be 540000.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Armenia to stand at 396600.00 in 12 months time. In the long-term, the Armenia Fiscal Expenditure is projected to trend around 580000.00 AMD Million in 2020, according to our econometric models.