Armenia recorded a Current Account surplus of 2.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Armenia averaged -8.42 percent of GDP from 1995 until 2024, reaching an all time high of 2.80 percent of GDP in 2024 and a record low of -22.00 percent of GDP in 1998. source: Central Bank of Armenia
Current Account to GDP in Armenia is expected to reach -2.80 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Current Account to GDP is projected to trend around -3.20 percent of GDP in 2026 and -3.40 percent of GDP in 2027, according to our econometric models.


Related Last Previous Unit Reference
Current Account -639.20 -569.30 USD Million Mar 2025
Current Account to GDP 2.80 -2.30 percent of GDP Dec 2024
External Debt 17093.78 16329.10 USD Million Mar 2025
Foreign Direct Investment 113.20 -143.50 USD Million Mar 2025
Remittances 325.20 325.20 USD Million Mar 2025



Armenia Current Account to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 -2.30 2.80 -22.00 1995 - 2024 percent of GDP Yearly