Armenia Current Account to GDP 1995-2014 | Data | Chart | Calendar

Armenia recorded a Current Account deficit of 10.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Armenia averaged -11.34 Percent from 1995 until 2013, 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


Actual Previous Highest Lowest Dates Unit Frequency
-10.50 -12.20 -0.55 -22.09 1995 - 2013 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 Wednesday, October 22, 2014.

Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -261.40 -229.10 -33.98 -365.35 USD Million [+]
Exports 142.50 116.30 162.46 34.21 USD Million [+]
Imports 403.90 345.40 482.90 78.72 USD Million [+]
Current Account -181.64 -465.10 74.30 -541.28 USD Million [+]
Current Account to GDP -10.50 -12.20 -0.55 -22.09 Percent [+]
External Debt 3902.10 3737.93 3902.10 536.30 USD Million [+]
Capital Flows 1025.30 857.30 1369.30 25.20 USD Million [+]
Gold Reserves 1.40 1.40 1.40 1.36 Tonnes [+]