Government Spending in Armenia increased to 203057.90 AMD Million in the third quarter of 2018 from 171668.80 AMD Million in the second quarter of 2018. Government Spending in Armenia averaged 101561.43 AMD Million from 2000 until 2018, reaching an all time high of 261802.20 AMD Million in the fourth quarter of 2017 and a record low of 15855.90 AMD Million in the first quarter of 2000.
Government Spending in Armenia is expected to be 272274.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Armenia to stand at 180424.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 297045.00 AMD Million in 2020, according to our econometric models.