Government Spending in Armenia increased to 175704.20 AMD Million in the second quarter of 2019 from 139466.60 AMD Million in the first quarter of 2019. Government Spending in Armenia averaged 104678.84 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 209654.00 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 145276.00 in 12 months time. In the long-term, the Armenia Government Spending is projected to trend around 274823.00 AMD Million in 2020, according to our econometric models.

Armenia Government Spending
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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 93147.40 40421.80 93147.40 -176100.10 AMD Billion [+]
Government Revenues 448757.10 330933.10 448757.10 54380.30 AMD Billion [+]
Government Debt 3300.20 3364.80 3364.80 491.00 AMD Billion [+]
Fiscal Expenditure 355609.70 290511.30 538397.40 58587.20 AMD Million [+]
Government Spending 175704.20 139466.60 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
175704.20 139466.60 263855.40 15855.90 2000 - 2019 AMD Million Quarterly
Current Prices, NSA




Country Last Previous
Argentina 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 111045.15 Aug/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4043.50 Jun/19
Saudi Arabia 173041.00 Jun/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58422.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 99449.00 Jun/19
United States 3293.82 Jun/19


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