Armenia Government Spending2022 Data - 2023 Forecast - 2000-2021 Historical - Chart

Name: Armenia Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Armenia,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Government Spending in Armenia decreased to 177902.70 AMD Million in the first quarter of 2022 from 396219.20 AMD Million in the fourth quarter of 2021. source: National Statistical Service of the Republic of Armenia

Government Spending in Armenia averaged 121169.51 AMD Million from 2000 until 2022, reaching an all time high of 396219.20 AMD Million in the fourth quarter of 2021 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 June of 2022.

Government Spending in Armenia is expected to be 246973.00 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 425260.00 AMD Million in 2023 and 438018.00 AMD Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	177902.70	396219.20	AMD Million	Mar 2022

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.