GDP From Services in Armenia decreased to 19282.60 AMD Million in the first quarter of 2019 from 33346.50 AMD Million in the fourth quarter of 2018. GDP From Services in Armenia averaged 15690.52 AMD Million from 2012 until 2019, reaching an all time high of 35889.80 AMD Million in the third quarter of 2018 and a record low of 5295.50 AMD Million in the first quarter of 2012.
GDP From Services in Armenia is expected to be 24896.63 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Armenia to stand at 34613.67 in 12 months time. In the long-term, the Armenia GDP From Services is projected to trend around 37799.55 AMD Million in 2020, according to our econometric models.