Armenia recorded a Current Account deficit of 38.94 USD Million in the second quarter of 2021. source: Central Bank of Armenia

Current Account in Armenia averaged -130.47 USD Million from 1993 until 2021, reaching an all time high of 94.75 USD Million in the third quarter of 2016 and a record low of -543.58 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 December of 2021.

Current Account in Armenia is expected to be -300.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Current Account is projected to trend around -250.00 USD Million in 2022, according to our econometric models.

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Armenia Current Account

Calendar GMT Actual Previous Consensus TEForecast
2021-06-30 11:00 AM Q1 $-82M $50.0M $40M
2021-09-30 11:00 AM Q2 $-38.9M $-82.7M $-190M
2021-12-30 11:00 AM Q3 $-38.9M

Related Last Previous Unit Reference
Current Account -38.94 -82.71 USD Million Jun/21
Current Account to GDP -4.00 -7.20 percent of GDP Dec/20
External Debt 14044.71 13091.62 USD Million Jun/21
Remittances 423.50 316.80 USD Million Jun/21
Foreign Direct Investment 82.70 3.50 USD Million Mar/21
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).