Armenia

Current account balance

The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.

Current account balance - Armenia

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The reading right now

As of January 2024, Current account balance for Armenia stood at -4.6%. That is down 1.8 percentage points from the prior year. Over the trailing five years, the series has averaged -3.51%, ranging from a low of -7.06% in January 2019 to a high of 0.74% in January 2022. The current reading sits 0.88 percentage points below its trailing ten-year mean of -3.72%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.