Armenia Current Account  Forecast


Current Account in Armenia is expected to be -87.32 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Armenia to stand at -20.57 in 12 months time. In the long-term, the Armenia Current Account is projected to trend around -62.21 USD Million in 2020, according to our econometric models.


Armenia Current Account
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Armenia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -138 -148 -150 -151 -151 -155
Exports 198 186 182 177 173 145
Imports 336 325 316 309 303 273
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 67.1 -87.11 11.82 -32.13 -52.4 -61.55
Gold Reserves 1.4 1.4 1.4 1.4 1.4 1.4
Remittances 336 420 272 323 355 372
Foreign Direct Investment 21.3 103 79.24 48.31 73.75 73.52
Terms Of Trade 98.2 101 100 100 100 100
Terrorism Index 0.29 0.88 0.92 0.96 1 0.87
Tourist Arrivals 76955 41700 42300 68500 62700 48000