Armenia recorded a Current Account deficit of 9.70 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Armenia
Current Account to GDP in Armenia averaged -10.12 percent from 1995 until 2019, reaching an all time high of -2.20 percent in 2004 and a record low of -22 percent in 1998. This page provides - Armenia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Current Account to GDP - values, historical data and charts - was last updated on January of 2021.
Current Account to GDP in Armenia is expected to reach -6.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Current Account to GDP is projected to trend around -6.60 percent in 2021 and -6.80 percent in 2022, according to our econometric models.