Armenia recorded a current account deficit of $184 million in the fourth quarter of 2016, compared to a $93.8 million gap in the same period a year ago. The surplus in primary income narrowed to $132.1 million (from a $186.9 million surplus), mainly due to lower investment income and direct investments. In contrast, secondary income surplus widened to $175.5 million (from $171.8 million). Meanwhile, the deficit in goods and services account declined to $355.6 million (from $364.4 million gap). Current Account in Armenia averaged -128.95 USD Million from 1993 until 2016, reaching an all time high of 74.31 USD Million in the fourth quarter of 2004 and a record low of -511.22 USD Million in the fourth quarter of 2008.
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Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides – Armenia Current Account – actual values, historical data, forecast, chart, statistics, economic calendar and news. Armenia Current Account – actual data, historical chart and calendar of releases – was last updated on April of 2017.