Angola Current Account to GDP

Angola recorded a Current Account surplus of 5.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Angola averaged -2.28 Percent from 1980 until 2013, reaching an all time high of 25.63 Percent in 2006 and a record low of -31.30 Percent in 1998. Current Account to GDP in Angola is reported by the National Bank of Angola.

   
 
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Angola Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
5.70 9.90 25.63 -31.30 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Angola Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade 9803.47 11434.93 42932.00 4028.10 USD Million [+]
Exports 16032.37 17316.35 63913.90 8327.90 USD Million [+]
Imports 6228.90 5881.42 22659.90 3760.10 USD Million [+]
Current Account 9035.54 13853.27 13853.27 -7571.60 USD Million [+]
Current Account to GDP 5.70 9.90 25.63 -31.30 Percent [+]
Crude Oil Production 1690.00 1760.00 2030.00 503.00 BBL/D/1K [+]
Government Debt to GDP 29.29 31.50 104.50 20.60 Percent [+]





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