Government Spending in Armenia increased to 201203.20 AMD Million in the third quarter of 2019 from 176345.50 AMD Million in the second quarter of 2019. Government Spending in Armenia averaged 105908.78 AMD Million from 2000 until 2019, 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 257209.00 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 183435.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 280073.00 AMD Million in 2020, according to our econometric models.

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Armenia Government Spending
Armenia Government Last Previous Highest Lowest Unit
Government Debt to GDP 48.49 48.29 48.49 13.56 percent [+]
Government Budget -1.80 -4.80 -0.70 -7.50 percent of GDP [+]
Government Budget Value -24704.10 93147.40 93147.40 -176100.10 AMD Billion [+]
Government Revenues 401109.00 448757.10 448757.10 54380.30 AMD Billion [+]
Government Debt 3352.70 3300.20 3364.80 491.00 AMD Billion [+]
Fiscal Expenditure 425813.10 355609.70 538397.40 58587.20 AMD Million [+]
Government Spending 201203.20 176345.50 263855.40 15855.90 AMD Million [+]
Credit Rating 14.00 [+]
Military Expenditure 591.00 444.00 591.00 49.80 USD Million [+]


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. This page provides - Armenia Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
201203.20 176345.50 263855.40 15855.90 2000 - 2019 AMD Million Quarterly
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Country Last Previous
Argentina 94555.00 Jun/19 90544
Australia 93553.00 Sep/19 92736
Brazil 107947.03 Oct/19 123448
Canada 427558.00 Sep/19 426665
China 220906.00 Dec/18 203086
Euro Area 580.25 Sep/19 578
France 137994.00 Sep/19 137278
Germany 164.15 Sep/19 163
India 4725.76 Sep/19 4219
Indonesia 207796.35 Sep/19 209394
Italy 80209.00 Sep/19 80127
Japan 109853.50 Sep/19 109133
Mexico 2168414.00 Jun/19 2143950
Netherlands 45432.00 Sep/19 45221
Russia 4043.50 Jun/19 4036
Saudi Arabia 173041.00 Jun/19 151611
Singapore 12317.20 Sep/19 12393
South Africa 653236.00 Sep/19 651181
South Korea 76796.50 Sep/19 75743
Spain 58969.00 Sep/19 58422
Switzerland 20084.58 Sep/19 19978
Turkey 62035475.80 Sep/19 62042024
United Kingdom 99745.00 Sep/19 99449
United States 3309.72 Sep/19 3297


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