Armenia posted a current account deficit of USD 15.2 million in the second quarter of 2022, the third consecutive gap, and compared with a USD 28.0 million surplus in the corresponding period of 2021. The goods shortfall widened to USD 455.2 million from USD 244.1 million a year earlier and the primary income gap rose to USD 273 million from USD 80.6 million. On the other hand, the services surplus increased to USD 324 million from USD 85 million and the secondary income surplus increased to USD 389 million from USD 267.7 million. source: Central Bank of Armenia
Current Account in Armenia averaged -132.25 USD Million from 1993 until 2022, reaching an all time high of 96.59 USD Million in the third quarter of 2016 and a record low of -541.68 USD Million in the fourth quarter of 2019. This page provides - Armenia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Current Account in Armenia is expected to be -400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Current Account is projected to trend around -250.00 USD Million in 2023 and -280.00 USD Million in 2024, according to our econometric models.