Current Account in Armenia

Armenia Current Account | Economic News & Forecasts

Armenia - Current Account

According to available data, the economy picked up steam in the final quarter of last year, following a weak performance in Q3. Growth for the year as a whole, however, decelerated markedly from 2017. Economic activity strengthened in Q4 2018 on stronger domestic demand dynamics: An easing inflationary environment, sustained private credit growth and rising wages aided private consumption in Q4. Dynamics were less rosy in the external arena, however, with exports contracting for a second consecutive month in December. Meanwhile, available data paints a mixed picture for the current quarter: Economic activity growth remained elevated, but goods exports continued to plummet in January.

Armenia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-7.3  -7.5  -2.5  -2.2  -3.5  

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Armenia Current Account Chart


Armenia Current Account
Note: Current account balance as % of GDP.

Armenia Facts

ValueChangeDate
Stock Market0.50.0 %Mar 11

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