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.

   
 
 
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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 Saturday, August 30, 2014.

Trade Last Previous Highest Lowest Unit
Balance of Trade -283.90 -191.80 -33.98 -365.35 USD Million [+]
Exports 141.30 126.10 162.46 34.21 USD Million [+]
Imports 425.20 317.90 482.90 78.72 USD Million [+]
Current Account -478.66 -219.60 74.31 -541.29 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 0.00 0.00 1.40 0.00 Tonnes [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 Percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 Percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 Percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 Percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 Percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 Percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 Percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 Percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 Percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 Percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 Percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 Percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 Percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 Percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 Percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 Percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 Percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 Percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 Percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 Percent [+]





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