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.

Armenia Government Spending
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Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.50 41.00 46.19 13.50 percent [+]
Government Budget -5.60 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -8866.80 24004.50 28457.50 -176100.10 AMD Billion [+]
Government Revenues 347513.90 358778.10 362297.30 54380.30 AMD Billion [+]
Government Debt 3245.60 3224.80 3297.80 491.00 AMD Billion [+]
Fiscal Expenditure 356380.70 334773.60 538397.40 58587.20 AMD Million [+]
Military Expenditure 437.45 431.40 439.35 49.66 USD Million [+]
Credit Rating 42.50 [+]
Government Spending 203057.90 171668.80 261802.20 15855.90 AMD Million [+]


Armenia Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Armenia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
203057.90 171668.80 261802.20 15855.90 2000 - 2018 AMD Million Quarterly
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Argentina 97236.00 Jun/18
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