Government Spending in Armenia decreased to 139153.30 AMD Million in the first quarter of 2019 from 241058.20 AMD Million in the fourth quarter of 2018. Government Spending in Armenia averaged 103681.72 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 193284.43 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 250218.41 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 273248.79 AMD Million in 2020, according to our econometric models.