Government Spending in Armenia decreased to 159313.30 AMD Million in the first quarter of 2020 from 299123.10 AMD Million in the fourth quarter of 2019.
Government Spending in Armenia averaged 108953.46 AMD Million from 2000 until 2020, reaching an all time high of 299123.10 AMD Million in the fourth quarter of 2019 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 August of 2020.
Government Spending in Armenia is expected to be 203718.00 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 166323.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 320092.00 AMD Million in 2021 and 333856.00 AMD Million in 2022, according to our econometric models.