Current Account in Armenia
Armenia - Current Account
Following a surge in economic growth in the fourth quarter, the Armenian economy likely lost some momentum in the first quarter of 2018 although remains in a strong position. The annual pace of expansion in economic activity fell for the second consecutive month in February to 7.3% from a revised 10.0% in January, slightly lower than the previous estimate. While activity in the services sector continued to flourish, the industrial sector lost considerable ground, with annual growth in output tumbling more than 75%. Despite a pick-up in inflation eating into consumers’ real purchasing power, private consumption likely continued growing at a healthy pace, propped up by a rapid expansion in credit.Armenia - Current Account Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Current Account (% of GDP) | -10.2 | -7.3 | - | - | - |
Armenia Current Account Chart
Armenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Stock Market | 0.9 | 0.0 % | Apr 19 |
| Stock Market | 0.9 | 0.0 % | Apr 19 |
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