Armenia recorded a Current Account surplus of 2.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Armenia averaged -8.42 percent of GDP from 1995 until 2024, reaching an all time high of 2.80 percent of GDP in 2024 and a record low of -22.00 percent of GDP in 1998. source: Central Bank of Armenia

Current Account to GDP in Armenia is expected to reach -3.30 percent of GDP by the end of 2026, 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 -2.50 percent of GDP in 2027 and -3.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Current Account -289.66 -446.25 USD Million Sep 2025
Current Account to GDP 2.80 -2.30 percent of GDP Dec 2024
External Debt 17768.81 17813.09 USD Million Sep 2025
Foreign Direct Investment 31.20 217.70 USD Million Sep 2025
Remittances 382.20 325.30 USD Million Sep 2025


Armenia Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 -2.30 2.80 -22.00 1995 - 2024 percent of GDP Yearly