Armenia - Current account balance (% of GDP)

Current account balance (% of GDP) in Armenia was -3.79 as of 2020. Its highest value over the past 27 years was -1.02 in 2016, while its lowest value was -21.98 in 1998.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1993 -5.64
1994 -7.89
1995 -15.03
1996 -20.18
1997 -20.48
1998 -21.98
1999 -16.94
2000 -15.78
2001 -10.44
2002 -6.22
2003 -6.18
2004 -2.20
2005 -2.53
2006 -2.40
2007 -7.36
2008 -14.22
2009 -16.48
2010 -13.62
2011 -10.44
2012 -9.96
2013 -7.32
2014 -7.77
2015 -2.70
2016 -1.02
2017 -1.51
2018 -7.03
2019 -7.36
2020 -3.79

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments