Benin Current Account to GDP 1974-2014 | Data | Chart | Calendar

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).


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. Content for - Benin Current Account to GDP - was last refreshed on Monday, November 24, 2014.

Benin 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 [+]