Belarus Current Account to GDP

Belarus recorded a Current Account deficit of 6.16 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Belarus is reported by the World Bank. From 1992 until 2012, Belarus Current Account to GDP averaged -6.0 Percent reaching an all time high of 5.4 Percent in December of 1992 and a record low of -15.0 Percent in December of 2010. 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 - Belarus Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-6.16 -10.41 5.39 -14.99 -1.67 | 2013/12 1992 - 2012 Percent Yearly

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Belarus Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -796.20 2013-12-31 -569.00 466.70 -1414.90 -702.29 2014-01-31 USD Million [+]
Capital Flows -2727.10 2013-11-15 -2624.80 933.20 -3107.90 -2966.39 2014-03-31 USD Million [+]
Current Account -1981.10 2013-11-15 -1899.30 728.50 -3291.00 -2132.15 2014-03-31 USD Million [+]
Current Account to GDP -6.16 2012-12-31 -10.41 5.39 -14.99 -1.67 2013-12-31 Percent [+]
Exports 2892.20 2014-02-15 2706.40 4571.90 699.00 2987.06 2014-03-31 USD Million [+]
External Debt 39124.30 2013-12-31 37098.20 39124.30 1698.00 40574.31 2014-03-31 USD Million [+]
Imports 2922.30 2014-02-15 2659.90 4325.60 758.90 3111.24 2014-03-31 USD 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

Belarus Inflation Rate at 15.73 Percent  
The inflation rate in Belarus was recorded at 15.73 percent in February of 2014. Inflation Rate in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Producer Prices at 100.80 Index Points  
Producer Prices in Belarus decreased to 100.80 Index Points in March of 2014 from 100.90 Index Points in February of 2014. Producer Prices in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Unemployed Persons at 23.00 Thousand  
The number of unemployed persons in Belarus increased to 23 Thousand in February of 2014 from 21.80 Thousand in January of 2014. Unemployed Persons in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Average Monthly Wages at 5389.20 BYR Thousand  
Wages in Belarus increased to 5389.20 BYR Thousand in February of 2014 from 5322.40 BYR Thousand in January of 2014. Wages in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Capital Flows at -2727.10 USD Million  
Capital Flows in Belarus decreased to -2727.10 USD Million in the fourth quarter of 2013 from -2624.80 USD Million in the third quarter of 2013. Capital Flows in Belarus is reported by the National Bank of the Republic of Belarus.
Belarus Changes in Inventories at 683.90 BYR Billion  
Changes in Inventories in Belarus decreased to 683.90 BYR Billion in the fourth quarter of 2013 from 1659.70 BYR Billion in the third quarter of 2013. Changes in Inventories in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Consumer Price Index (CPI) at 4362627129.40 Index Points  
Consumer Price Index (CPI) in Belarus increased to 4362627129.40 Index Points in February of 2014 from 4277504784.19 Index Points in January of 2014. Consumer Price Index (CPI) in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Consumer Spending at 24890.30 BYR Billion  
Consumer Spending in Belarus decreased to 24890.30 BYR Billion in the fourth quarter of 2013 from 31197.40 BYR Billion in the third quarter of 2013. Consumer Spending in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Current Account at -1981.10 USD Million  
Belarus recorded a Current Account deficit of 1981.10 USD Million in the fourth quarter of 2013. Current Account in Belarus is reported by the National Bank of the Republic of Belarus.
Belarus Employed Persons at 4485.40 Thousand  
The number of employed persons in Belarus increased to 4485.40 Thousand in February of 2014 from 4482.50 Thousand in January of 2014. Employed Persons in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
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