Government Spending in Armenia increased to 241058.20 AMD Million in the fourth quarter of 2018 from 201203.20 AMD Million in the third quarter of 2018. Government Spending in Armenia averaged 103214.98 AMD Million from 2000 until 2018, reaching an all time high of 263855.40 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 143388.00 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 212399.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 231058.00 AMD Million in 2020, according to our econometric models.