Austria Current Account to GDP

Austria recorded a Current Account surplus of 1.80 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Austria is reported by the Eurostat. From 1980 until 2012, Austria Current Account to GDP averaged 0.2 Percent reaching an all time high of 4.8 Percent in December of 2008 and a record low of -5.1 Percent in December of 1980. 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 - Austria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.80 1.90 4.80 -5.10 0.39 | 2014/06 1980 - 2012 Percent Yearly

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Austria Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -565.00 2014-01-15 -442.90 374.00 -1256.00 -303.22 2014-06-30 EUR Million [+]
Exports 9900.00 2014-01-15 9244.00 12177.00 59.00 10447.85 2014-06-30 EUR Million [+]
Imports 10466.00 2014-01-15 9687.00 12302.00 61.00 10446.73 2014-06-30 EUR Million [+]
Capital Flows -268.00 2013-08-15 -2343.00 3894.00 -7548.00 -1684.04 2014-06-30 EUR Million [+]
External Debt 51.00 2012-06-29 67.60 67.60 0.66 56.84 2014-06-30 EUR Billion [+]
Gold Reserves 279.99 2013-12-31 279.99 407.48 279.99 279.99 2014-03-31 Tonnes [+]
Remittances 62.00 2013-08-15 82.00 104.00 54.00 72.85 2014-06-30 EUR Million [+]
Tourist Arrivals 3116.27 2014-01-15 3063.74 4650.93 961.33 3115.13 2014-06-30 Thousand [+]
Current Account to GDP 1.80 2012-12-31 1.90 4.80 -5.10 0.39 2014-06-30 Percent [+]
Current Account 2623.00 2013-11-15 433.00 6182.00 -2340.00 1110.69 2014-06-30 EUR Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness 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.


RELATED NEWS

Austria Gold Reserves at 279.99 Tonnes  
Gold Reserves in Austria remained unchanged at 279.99 Tonnes in the fourth quarter of 2013 from 279.99 Tonnes in the third quarter of 2013. Gold Reserves in Austria is reported by the World Gold Council.
Austria Consumer Price Index (CPI) at 109.60 Index Points  
Consumer Price Index (CPI) in Austria increased to 109.60 Index Points in March of 2014 from 108.60 Index Points in February of 2014. Consumer Price Index (CPI) in Austria is reported by the Statistics Austria.
Austria Inflation Rate MoM at 0.90 Percent  
The Consumer Price Index in Austria increased 0.90 percent in March of 2014 over the previous month. Inflation Rate Mom in Austria is reported by the Statistics Austria.
Austria Inflation Rate at 1.60 Percent  
The inflation rate in Austria was recorded at 1.60 percent in March of 2014. Inflation Rate in Austria is reported by the Statistics Austria.
Austria Current Account at 2623.00 EUR Million  
Austria recorded a Current Account surplus of 2623 EUR Million in the fourth quarter of 2013. Current Account in Austria is reported by the Oesterreichische Nationalbank.
Austria Producer Prices at 103.30 Index Points  
Producer Prices in Austria decreased to 103.30 Index Points in February of 2014 from 103.40 Index Points in January of 2014. Producer Prices in Austria is reported by the Statistics Austria.
Austria Producer Prices Change at -1.34 Percent  
Producer Prices in Austria decreased 1.34 percent in February of 2014 over the same month in the previous year. Producer Prices Change in Austria is reported by the Statistics Austria.
Austria Remittances at 62.00 EUR Million  
Remittances in Austria decreased to 62 EUR Million in the third quarter of 2013 from 82 EUR Million in the second quarter of 2013. Remittances in Austria is reported by the Eurostat.
Austria Tourist Arrivals at 3116.27 Thousand  
Tourist Arrivals in Austria increased to 3116.27 Thousand in January of 2014 from 3063.74 Thousand in December of 2013. Tourist Arrivals in Austria is reported by the Statistics Austria.
Austria Unemployed Persons at 319175.00  
The number of unemployed persons in Austria decreased to 319175 in March of 2014 from 356745 in February of 2014. Unemployed Persons in Austria is reported by the Arbeitsmarktservice Oesterreich.
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