Benin Current Account to GDP

Benin recorded a Current Account deficit of 8.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Benin averaged -6.52 Percent from 1974 until 2013, reaching an all time high of 0.70 Percent in 1994 and a record low of -29.75 Percent in 1982. Current Account to GDP in Benin is reported by the Central Bank of West African States (BCEAO).

   
 
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Benin Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-8.20 -8.50 0.70 -29.75 1974 - 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 - Benin Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -326.66 -667.41 -8.30 -667.41 CFA Franc Billion [+]
Exports 67.20 63.57 86.95 0.80 CFA Franc Billion [+]
Imports 393.87 730.90 730.90 27.00 CFA Franc Billion [+]
Current Account -530.34 -648.93 10.55 -648.93 USD Million [+]
Current Account to GDP -8.20 -8.50 0.70 -29.75 Percent [+]





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