Armenia Current Account to GDP  Forecast


Armenia Current Account to GDP
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Current Account to GDP in Armenia is expected to be -2.50 percent by the end of this quarter, 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 -3.20 percent in 2020, according to our econometric models.


Armenia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -210 -177 -181 -177 -175 -164
Exports 203 180 176 171 167 138
Imports 413 354 345 335 326 282
Current Account 20.9 -87.32 -86.08 -21.98 -20.57 -62.21
Current Account to GDP -2.9 -2.5 -2.8 -2.8 -5.38 -3.2
External Debt 10044 10242 10290 10323 10332 10093
Capital Flows -113 -87.58 17.27 -81.24 -68.85 -68.19
Terms Of Trade 104 101 101 100 101 101
Terrorism Index 2.37 0.88 0.92 0.96 1 0.87
Tourist Arrivals 83054 0 42100 69100 77500 54800
Remittances 336 420 272 323 355 372
Foreign Direct Investment 21.3 103 79.24 48.31 73.75 73.52