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Country or Region: Armenia › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Armenia indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Dram
Currency Symbol: AMD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: Central Bank Latest actual data: 2010 Notes: Starting from 2004, BOP figures were revised to reflect non-bank private transfers in the current account. In 2003 and previous years, non-bank private transfers are reported in the financial account. Primary domestic currency: Armenian drams Data last updated: 03/2011

Current Account Balance (US Dollars) for Armenia in year 2010 is US$ -1.288 Billion

This makes Armenia No. 131 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Armenia is US$ 8.05 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Armenia was US$ -1.37 Billion Current Account Balance (US Dollars) for Armenia in 2010 was or will be 5.78% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Armenia was or will be US$-1.23 Billion, which is 4.81% less than the 2010 figure.