Armenia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Armenia was -9.96 as of 2020. Its highest value over the past 30 years was -8.59 in 2016, while its lowest value was -38.26 in 1995.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1990 | -11.33 |
| 1991 | -19.38 |
| 1992 | -21.44 |
| 1993 | -13.54 |
| 1994 | -33.77 |
| 1995 | -38.26 |
| 1996 | -32.75 |
| 1997 | -38.00 |
| 1998 | -33.84 |
| 1999 | -29.04 |
| 2000 | -27.91 |
| 2001 | -21.57 |
| 2002 | -18.32 |
| 2003 | -19.09 |
| 2004 | -16.69 |
| 2005 | -15.51 |
| 2006 | -16.74 |
| 2007 | -20.60 |
| 2008 | -26.01 |
| 2009 | -27.93 |
| 2010 | -25.15 |
| 2011 | -24.39 |
| 2012 | -20.84 |
| 2013 | -20.85 |
| 2014 | -18.66 |
| 2015 | -12.23 |
| 2016 | -8.59 |
| 2017 | -10.77 |
| 2018 | -13.69 |
| 2019 | -13.41 |
| 2020 | -9.96 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
