GDP From Construction in Armenia decreased to 45705.40 AMD Million in the first quarter of 2019 from 157906 AMD Million in the fourth quarter of 2018. GDP From Construction in Armenia averaged 107310.33 AMD Million from 2012 until 2019, reaching an all time high of 196213.50 AMD Million in the fourth quarter of 2013 and a record low of 37520.60 AMD Million in the first quarter of 2017.
GDP From Construction in Armenia is expected to be 96050.61 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Construction in Armenia to stand at 163906.43 in 12 months time. In the long-term, the Armenia GDP From Construction is projected to trend around 178992.56 AMD Million in 2020, according to our econometric models.