GDP From Construction in Armenia increased to 120514.90 AMD Million in the third quarter of 2018 from 94491.50 AMD Million in the second quarter of 2018. GDP From Construction in Armenia averaged 108881.24 AMD Million from 2012 until 2018, reaching an all time high of 196213.50 AMD Million in the fourth quarter of 2013 and a record low of 38976.90 AMD Million in the first quarter of 2017.
GDP From Construction in Armenia is expected to be 172503.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in Armenia to stand at 99311.00 in 12 months time. In the long-term, the Armenia GDP From Construction is projected to trend around 188197.00 AMD Million in 2020, according to our econometric models.