Consumer Spending in Armenia increased to 1465723.40 AMD Million in the third quarter of 2019 from 1280234.90 AMD Million in the second quarter of 2019. Consumer Spending in Armenia averaged 700459.35 AMD Million from 2000 until 2019, reaching an all time high of 1465723.40 AMD Million in the third quarter of 2019 and a record low of 202409 AMD Million in the first quarter of 2000.
Consumer Spending in Armenia is expected to be 1106101.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Armenia to stand at 1512627.00 in 12 months time. In the long-term, the Armenia Consumer Spending is projected to trend around 1647087.00 AMD Million in 2020, according to our econometric models.