Current account balance — all countries

Current account balance — Armenia

Current account balance in Armenia in 2031 — -4.4%. Ranked 141 in the world out of 188. Since 1992, the indicator has risen by 41.9 pp.

2031 -4.4% +0.1 pp vs 2030
World rank 141of 188
Period maximum 3.8%1994
Period minimum -46.3%1992

Trend over time

1992–2031 · % of GDP

Current account balance — Armenia, 1992–2031-60-40-20020199219962000200420082012201620202024202820311992: -46.3%1993: -6%1994: 3.8%1995: -17%1996: -18.2%1997: -19.3%1998: -22%1999: -16.9%2000: -15.8%2001: -10.4%2002: -6.2%2003: -6.2%2004: -2.2%2005: -2.5%2006: -2.4%2007: -7.4%2008: -14.2%2009: -16.5%2010: -13.6%2011: -10.4%2012: -10%2013: -7.3%2014: -7.8%2015: -2.7%2016: -1%2017: -1.3%2018: -7.2%2019: -7.1%2020: -4%2021: -3.4%2022: 0.7%2023: -2.8%2024: -4.6%2025: -6.7%2026: -6%2027: -5.2%2028: -4.7%2029: -4.6%2030: -4.5%2031: -4.4%
Change over the period: +41.9 pp Annual average: 1.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia -4.4%
World computed 0.28%
Europe & Central Asia computed 1.53%
Western Asia computed 0.8%
Current account balance — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2031 -4.4 +0.1 pp
2030 -4.5 +0.1 pp
2029 -4.6 +0.1 pp
2028 -4.7 +0.5 pp
2027 -5.2 +0.8 pp
2026 -6 +0.7 pp
2025 -6.7 −2.1 pp
2024 -4.6 −1.8 pp
2023 -2.8 −3.5 pp
2022 0.7 +4.1 pp
2021 -3.4 +0.6 pp
2020 -4 +3.1 pp
2019 -7.1 +0.1 pp
2018 -7.2 −5.9 pp
2017 -1.3 −0.3 pp
2016 -1 +1.7 pp
2015 -2.7 +5.1 pp
2014 -7.8 −0.5 pp
2013 -7.3 +2.7 pp
2012 -10 +0.4 pp
2011 -10.4 +3.2 pp
2010 -13.6 +2.9 pp
2009 -16.5 −2.3 pp
2008 -14.2 −6.8 pp
2007 -7.4 −5 pp
2006 -2.4 +0.1 pp
2005 -2.5 −0.3 pp
2004 -2.2 +4 pp
2003 -6.2 +0 pp
2002 -6.2 +4.2 pp
2001 -10.4 +5.4 pp
2000 -15.8 +1.1 pp
1999 -16.9 +5.1 pp
1998 -22 −2.7 pp
1997 -19.3 −1.1 pp
1996 -18.2 −1.2 pp
1995 -17 −20.8 pp
1994 3.8 +9.8 pp
1993 -6 +40.3 pp
1992 -46.3

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.