Armenia Current Account to GDP - Forecast

Current Account to GDP in Armenia is expected to be -3.80 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 -3.90 percent in 2020, according to our econometric models.


Forecast Data Chart
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Armenia Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -228 -187 -200 -201 -205 -211
Exports 210 196 189 191 194 200
Imports 438 383 390 392 400 411
Current Account -220 -250 -206 -136 -98.7 -290
Current Account to GDP -2.9 -3.8 -3.8 -3.8 -3.8 -3.9
External Debt 10568 11100 11300 11500 11750 12800
Capital Flows -101 -456 -251 -233 -153 -335
Terms Of Trade 102 104 100 103 98.05 98.72
Terrorism Index 2.37 2.1 1.2 1.2 2.37 0.8
Tourist Arrivals 86834 64600 57400 85100 85200 69900
Remittances 336 510 274 350 452 545
Foreign Direct Investment 9.4 81.7 83.4 74.5 64.3 120