Armenia recorded a Current Account deficit of 430.46 USD Million in the fourth quarter of 2021. source: Central Bank of Armenia

Current Account in Armenia averaged -131.58 USD Million from 1993 until 2021, reaching an all time high of 94.75 USD Million in the third quarter of 2016 and a record low of -543.58 USD Million in the fourth quarter of 2019. This page provides - Armenia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Current Account in Armenia is expected to be -250.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Current Account is projected to trend around -250.00 USD Million in 2023 and -280.00 USD Million in 2024, according to our econometric models.

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Armenia Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 09:30 AM Q3 $-57.9M $-38.9M
2022-04-05 11:00 AM Q4 $-430.46M $-38.2M $-65M
2022-07-06 11:00 AM Q1 $-430.46M $-370M

Related Last Previous Unit Reference
Current Account to GDP -2.50 -4.00 percent of GDP Dec 2021
Current Account -430.46 -38.23 USD Million Dec 2021
External Debt 13828.58 13844.57 USD Million Dec 2021
Remittances 306.90 328.80 USD Million Dec 2021
Foreign Direct Investment 123.90 121.90 USD Million Dec 2021

Armenia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-430.46 -38.23 94.75 -543.58 1993 - 2021 USD Million Quarterly