Government Spending in Armenia increased to 326399.40 AMD Million in the third quarter of 2021 from 228256.30 AMD Million in the second quarter of 2021. source: National Statistical Service of the Republic of Armenia

Government Spending in Armenia averaged 117355.91 AMD Million from 2000 until 2021, reaching an all time high of 371885.20 AMD Million in the fourth quarter of 2020 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 December of 2021.

Government Spending in Armenia is expected to be 397917.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Government Spending is projected to trend around 411844.00 AMD Million in 2022 and 432436.00 AMD Million in 2023, according to our econometric models.

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Armenia Government Spending


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Government Spending 326399.40 228256.30 AMD Million Sep/21
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.