Government Spending in Armenia increased to 210246.20 AMD Million in the second quarter of 2020 from 160935.10 AMD Million in the first quarter of 2020.
Government Spending in Armenia averaged 107892.73 AMD Million from 2000 until 2020, reaching an all time high of 299123.10 AMD Million in the fourth quarter of 2019 and a record low of 15855.90 AMD Million in the first quarter of 2000. This page provides - Armenia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Spending - values, historical data and charts - was last updated on October of 2020.
Government Spending in Armenia is expected to be 242290.00 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 231691.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 271364.00 AMD Million in 2021 and 289003.00 AMD Million in 2022, according to our econometric models.