GDP From Construction in Armenia increased to 91519.10 AMD Million in the second quarter of 2019 from 45705.40 AMD Million in the first quarter of 2019. GDP From Construction in Armenia averaged 106561.66 AMD Million from 2012 until 2019, reaching an all time high of 196213.50 AMD Million in the fourth quarter of 2013 and a record low of 37520.60 AMD Million in the first quarter of 2017.
GDP From Construction in Armenia is expected to be 125577.00 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 47716.00 in 12 months time. In the long-term, the Armenia GDP From Construction is projected to trend around 180024.00 AMD Million in 2020, according to our econometric models.