Cayman Islands Current Account to GDP

Cayman Islands recorded a Current Account deficit of 18.10 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Cayman Islands averaged -18.97 Percent from 2005 until 2012, reaching an all time high of -16.60 Percent in 2009 and a record low of -29.40 Percent in 2005. Current Account to GDP in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.


Cayman Islands Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-18.10 -18.20 -16.60 -29.40 2005 - 2012 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 - Cayman Islands Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -174.70 -190.60 -8.40 -933.50 KYD Million [+]
Exports 3.50 2.30 42.80 0.20 KYD Million [+]
Imports 203.03 214.40 976.30 8.90 KYD Million [+]
Current Account -467.00 -455.00 -408.20 -476.10 KYD Million [+]
Current Account to GDP -18.10 -18.20 -16.60 -29.40 Percent [+]

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