Armenia Current Account to GDP 1995-2015 | Data | Chart | Calendar

Armenia recorded a Current Account deficit of 7.90 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Armenia averaged -11.05 percent from 1995 until 2014, reaching an all time high of -0.55 percent in 2004 and a record low of -22.09 percent in 1998. Current Account to GDP in Armenia is reported by the Central Bank of Armenia.

Armenia Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-7.90 -8.00 -0.55 -22.09 1995 - 2014 percent Yearly
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. This page provides - Armenia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Armenia Current Account to GDP - was last refreshed on Friday, August 28, 2015.


Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -105.10 -116.30 -33.98 -365.35 USD Million [+]
Exports 114.70 152.90 162.46 34.21 USD Million [+]
Imports 219.80 269.20 482.90 78.72 USD Million [+]
Current Account -311.09 -57.80 74.30 -511.22 USD Million [+]
Current Account to GDP -7.90 -8.00 -0.55 -22.09 percent [+]
External Debt 3825.05 3902.10 3902.10 536.30 USD Million [+]
Capital Flows 1025.30 857.30 1704.40 51.80 USD Million [+]
Gold Reserves 1.40 1.40 1.40 1.36 Tonnes [+]
Foreign Direct Investment 76.95 -63.53 425.89 -63.53 USD Million [+]
Remittances 227.10 558.85 742.69 98.05 USD Million [+]
Terms Of Trade 110.20 101.80 140.50 62.40 Index Points [+]
Tourist Arrivals 27816.00 164663.00 164663.00 511.00 Thousand [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.80 Dec/14 -3.30 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -2.10 Dec/14 -2.90 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]