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.