Austria Current Account to GDP

Austria recorded a Current Account surplus of 2.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Austria averaged 0.26 Percent from 1980 until 2013, reaching an all time high of 4.80 Percent in 2008 and a record low of -5.10 Percent in 1980. Current Account to GDP in Austria is reported by the Eurostat.

   
 
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Austria Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.40 4.80 -5.10 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 - Austria Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade 100.00 145.00 374.00 -1256.00 EUR Million [+]
Exports 10974.00 11227.00 12229.00 59.00 EUR Million [+]
Imports 10875.00 11081.00 12302.00 61.00 EUR Million [+]
Current Account 2329.00 2623.00 6182.00 -2340.00 EUR Million [+]
Current Account to GDP 2.70 2.40 4.80 -5.10 Percent [+]
External Debt 51.00 67.60 67.60 0.66 EUR Billion [+]
Remittances 60.00 82.00 104.00 54.00 EUR Million [+]
Capital Flows -2569.00 -795.00 3894.00 -7548.00 EUR Million [+]
Tourist Arrivals 2521.15 2226.47 4650.93 961.33 Thousand [+]
Gold Reserves 279.99 279.99 407.48 279.99 Tonnes [+]





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