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.

Armenia Government Spending
Forecast Data Chart
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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 40421.80 -92428.60 40421.80 -176100.10 AMD Billion [+]
Government Revenues 330933.10 411253.20 411253.20 54380.30 AMD Billion [+]
Government Debt 3364.80 3340.70 3364.80 491.00 AMD Billion [+]
Fiscal Expenditure 290511.30 503681.80 538397.40 58587.20 AMD Million [+]
Government Spending 139153.30 241058.20 263855.40 15855.90 AMD Million [+]
Credit Rating 42.50 [+]
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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
139153.30 241058.20 263855.40 15855.90 2000 - 2019 AMD Million Quarterly
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