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. 2014-04-25

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 -30.10 2014-02-28 46.50 466.70 -1414.90 -107.28 2014-03-31 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 [+]
Gold Reserves 44.34 2013-12-31 43.42 44.34 0.00 Tonnes [+]
Imports 2922.30 2014-02-15 2659.90 4325.60 758.90 3111.24 2014-03-31 USD Million [+]
[+]


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 Industrial Production at 0.70 Percent  
Industrial Production in Belarus increased 0.70 percent in March of 2014 over the same month in the previous year. Industrial Production in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Balance of Trade at -30.10 USD Million  
Belarus recorded a trade deficit of 30.10 USD Million in February of 2014. Balance of Trade in Belarus is reported by the National Bank 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.
Belarus Exports at 2892.20 USD Million  
Exports in Belarus increased to 2892.20 USD Million in February of 2014 from 2706.40 USD Million in January of 2014. Exports in Belarus is reported by the National Bank of the Republic of Belarus.
Belarus GDP Constant Prices at 37928.70 BYR Billion  
GDP Constant Prices in Belarus decreased to 37928.70 BYR Billion in the fourth quarter of 2013 from 43353.40 BYR Billion in the third quarter of 2013. GDP Constant Prices in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Government Budget Value at 1087.50 BYR Billion  
Belarus recorded a government budget surplus of 1087.50 BYR Billion in February of 2014. Government Budget Value in Belarus is reported by the National Bank of the Republic Of Belarus.
Belarus Government Spending at 5478.30 BYR Billion  
Government Spending in Belarus decreased to 5478.30 BYR Billion in the fourth quarter of 2013 from 5631.90 BYR Billion in the third quarter of 2013. Government Spending in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Gross Fixed Capital Formation at 18645.60 BYR Billion  
Gross Fixed Capital Formation in Belarus increased to 18645.60 BYR Billion in the fourth quarter of 2013 from 17814.70 BYR Billion in the third quarter of 2013. Gross Fixed Capital Formation in Belarus is reported by the National Statistical Committee of the Republic of Belarus.
Belarus Imports at 2922.30 USD Million  
Imports in Belarus increased to 2922.30 USD Million in February of 2014 from 2659.90 USD Million in January of 2014. Imports in Belarus is reported by the National Bank of the Republic of Belarus.
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