Armenia: Current account, in dollars
* indicates monthly or quarterly data series
| Armenia |
Current account balance, billion USD |
|---|---|
| Latest value | -1.19 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 1993 - 2024 |
| Average | -0.53 |
| Min - Max | -1.66 - 0.14 |
| Source | The World Bank |
The latest value from 2024 is -1.19 billion U.S. dollars, a decline from -0.67 billion U.S. dollars in 2023. In comparison, the world average is 14.17 billion U.S. dollars, based on data from 67 countries. Historically, the average for Armenia from 1993 to 2024 is -0.53 billion U.S. dollars. The minimum value, -1.66 billion U.S. dollars, was reached in 2008 while the maximum of 0.14 billion U.S. dollars was recorded in 2022.
See the global rankings or
world map for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 103.20 | 2023 | percent |
| Trade openness | 152.14 | 2024 | percent |
| Financial openness | 2.290 | 2022 | index points |
| Exports, percent of GDP | 76.35 | 2024 | percent |
| Exports, billion dollars | 19.69 | 2024 | billion U.S. dollars |
| Growth of exports | 35.60 | 2024 | percent |
| Imports, percent of GDP | 75.79 | 2024 | percent |
| Imports, billion dollars | 19.54 | 2024 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.54 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.13 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -2.10 | 2024 | million dollars (current) |
| Current account, percent of GDP | -4.97 | 2022 | percent |
| Current account, in dollars | -1.19 | 2024 | billion U.S. dollars |
| Trade balance, percent of GDP | 0.55 | 2024 | percent |
| Reserves | 3.69 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 7.64 | 2023 | percent |
| Remittances | 1,181.64 | 2024 | million U.S. dollars |
| Net errors and omissions | -1.01 | 2023 | million USD |
| External debt | 67.59 | 2023 | percent |
| Short-term external debt | 19.62 | 2023 | percent |
| Short-term debt to reserves | 86.12 | 2023 | percent |