Burundi Current Account to GDP

Burundi recorded a Current Account deficit of 18.10 percent of the countrys Gross Domestic Product in 2011. From 1986 until 2011, Burundi Current Account to GDP averaged -6.5 Percent reaching an all time high of 1.0 Percent in December of 1996 and a record low of -21.8 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 - Burundi Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-18.10 -21.80 1.04 -21.80 -18.37 | 2012/12 1986 - 2011 Percent Yearly

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Burundi Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -85931.90 2013-10-31 -77856.20 -31731.30 -402562.30 -76422.92 2013-11-30 million BIF [+]
Current Account -255.10 2012-12-31 -262.70 10.45 -300.50 -254.20 2013-12-31 USD Million [+]
Current Account to GDP -18.10 2011-12-31 -21.80 1.04 -21.80 -18.37 2012-12-31 Percent [+]
Exports 15950.50 2013-10-31 14111.40 75218.70 3619.90 16583.55 2013-11-30 million BIF [+]
Gold Reserves 0.03 2013-12-31 0.03 0.54 0.03 Tonnes [+]
Imports 101882.40 2013-10-31 91967.60 477781.00 35673.70 92195.54 2013-11-30 million BIF [+]
[+]


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

Burundi Gold Reserves at 0.03 Tonnes  
Gold Reserves in Burundi remained unchanged at 0.03 Tonnes in the fourth quarter of 2013 from 0.03 Tonnes in the third quarter of 2013. Gold Reserves in Burundi is reported by the World Gold Council.
Burundi Inflation Rate at 5.90 Percent  
The inflation rate in Burundi was recorded at 5.90 percent in February of 2014. Inflation Rate in Burundi is reported by the Bank of Burundi.
Burundi GDP Annual Growth Rate at 4.60 Percent  
The Gross Domestic Product (GDP) in Burundi expanded 4.60 percent in 2013 from the previous year. GDP Annual Growth Rate in Burundi is reported by the Bank of Burundi.
Burundi Interest Rate at 11.45 Percent  
The benchmark interest rate in Burundi was last recorded at 11.45 percent. Interest Rate in Burundi is reported by the Bank of Burundi.
Burundi Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Burundi stands at 18 percent. Sales Tax Rate in Burundi is reported by the Revenue Authority (Office Burundais des Recettes).
Burundi Balance of Trade at -85931.90 million BIF  
Burundi recorded a trade deficit of 85931.90 million BIF in October of 2013. Balance of Trade in Burundi is reported by the Bank of Burundi.
Burundi Current Account at -255.10 USD Million  
Burundi recorded a Current Account deficit of 255.10 USD Million in 2012. Current Account in Burundi is reported by the Bank of Burundi.
Burundi Industrial Production at 3.70 Percent  
Industrial Production in Burundi increased 3.70 percent in October of 2013 over the same month in the previous year. Industrial Production in Burundi is reported by the Bank of Burundi.
Burundi Government Budget at -7.90 Percent of GDP  
Burundi recorded a Government Budget deficit equal to 7.90 percent of the countrys Gross Domestic Product in 2012. Government Budget in Burundi is reported by the Bank of Burundi.
Burundi Government Debt To GDP at 17.40 Percent of GDP  
Burundi recorded a Government Debt to GDP of 17.40 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Burundi is reported by the Bank of Burundi.
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