Armenia recorded a Current Account deficit of 143.56 USD Million in the second quarter of 2020.

Current Account in Armenia averaged -136.17 USD Million from 1993 until 2020, reaching an all time high of 74.31 USD Million in the fourth quarter of 2004 and a record low of -534.36 USD Million in the fourth quarter of 2019. This page provides - Armenia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Current Account in Armenia is expected to be -225.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Armenia to stand at -300.00 in 12 months time. In the long-term, the Armenia Current Account is projected to trend around -250.00 USD Million in 2021, according to our econometric models.

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Armenia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-143.56 -218.17 74.31 -534.36 1993 - 2020 USD Million Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2019-12-30 11:00 AM Q3 $-243.1M $-222.4M $ -260M
2020-03-31 11:00 AM Q4 $-582.2M $-152.5M $ -385M
2020-06-30 11:00 AM Q1 $-196.7M $-534.4M $ -250M
2020-09-30 10:10 AM Q2 $-143.6M $-218.2M $ -225M
2020-12-30 11:00 AM Q3 $-143.6M

Armenia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).