Cash surplus/deficit as a proportion of GDP in Armenia
Armenia: Cash surplus/deficit as a proportion of GDP was -20.9% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Armenia, 2004–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Armenia recorded -20.9% for cash surplus/deficit as a proportion of gdp in 2023.
Compared with earlier readings it is up 1.0% on the previous year and up 7.5% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Armenia peaked at -17.0% in 2004 and was at its lowest, -26.6%, in 2020.
Armenia ranks 55th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Cash surplus/deficit as a proportion of GDP in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | -17.0% | — |
| 2005 | -18.1% | +7.0% |
| 2006 | -17.1% | -5.5% |
| 2007 | -17.0% | -0.6% |
| 2008 | -21.1% | +24.0% |
| 2009 | -23.9% | +12.9% |
| 2010 | -23.0% | -3.6% |
| 2011 | -22.6% | -1.9% |
| 2012 | -21.4% | -5.3% |
| 2013 | -22.6% | +5.9% |
| 2014 | -24.0% | +6.0% |
| 2015 | -25.1% | +4.5% |
| 2016 | -25.7% | +2.5% |
| 2017 | -22.6% | -12.0% |
| 2018 | -22.1% | -2.4% |
| 2019 | -21.8% | -1.4% |
| 2020 | -26.6% | +22.2% |
| 2021 | -25.0% | -6.1% |
| 2022 | -21.2% | -15.2% |
| 2023 | -20.9% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -19.0% | -23.9% | -17.0% | 6 |
| 2010s | -23.1% | -25.7% | -21.4% | 10 |
| 2020s | -23.4% | -26.6% | -20.9% | 4 |
Countries ranked near Armenia
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 252.31 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 81.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 605.13 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 359.96 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0207 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 196.04 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 38.07 % change on previous year (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Armenia?
- Cash surplus/deficit as a proportion of gdp in Armenia was -20.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Armenia?
- The highest recorded value was -17.0% in 2004.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Armenia?
- The lowest recorded value was -26.6% in 2020.
- How does Armenia rank for cash surplus/deficit as a proportion of gdp?
- Armenia ranks 55th out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Armenia?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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