Armenia recorded a Current Account deficit of 4 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Armenia
Current Account to GDP in Armenia averaged -9.59 percent of GDP from 1995 until 2020, reaching an all time high of -1 percent of GDP in 2016 and a record low of -22 percent of GDP 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 September of 2021.
Current Account to GDP in Armenia is expected to reach -6.60 percent of GDP by the end of 2021, 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 -6.80 percent of GDP in 2022, according to our econometric models.