Armenia Capital Flows  Forecast


Capital Flows in Armenia is expected to be 9.04 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capital Flows in Armenia to stand at 27.88 in 12 months time. In the long-term, the Armenia Capital Flows is projected to trend around -2.54 USD Million in 2020, according to our econometric models.


Armenia Capital Flows
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Armenia Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -138 -141 -150 -148 -148 -148
Exports 191 177 177 178 178 178
Imports 340 317 320 323 322 322
Current Account -86.2 8.51 -106 -77.43 -29.86 -67.6
Current Account to GDP -2.9 -2.5 -2.5 -2.8 -2.8 -3.2
External Debt 9900 10085 10235 10369 10492 11514
Capital Flows 67.1 9.04 -59.13 63.62 27.88 -2.54
Gold Reserves 1.4 1.4 1.4 1.4 1.4 1.4
Remittances 240 393 444 252 360 422
Foreign Direct Investment 73 93.37 111 86.96 77.58 91.22
Terms Of Trade 103 100 100 100 100 100
Terrorism Index 0.29 0.65 0.62 0.67 0.71 0.46
Tourist Arrivals 76955 63600 41700 42300 68500 48000