Central African Republic Current Account to GDP

Central African Republic recorded a Current Account deficit of 7 percent of the countrys Gross Domestic Product in 2012. From 1977 until 2012, Central African Republic Current Account to GDP averaged -4.9 Percent reaching an all time high of -0.6 Percent in December of 1981 and a record low of -9.9 Percent in December of 2008. 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 - Central African Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-7.00 -7.20 -0.60 -9.90 -6.65 | 2013/12 1977 - 2012 Percent Yearly

TO

Central African Republic Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -66.60 2009-12-31 -67.20 31.10 -67.20 -68.00 2010-12-31 CFA Franc Billion [+]
Current Account -67.20 2009-12-31 -88.20 -7.60 -88.20 -68.39 2010-12-31 CFA Franc Billion [+]
Current Account to GDP -7.00 2012-12-31 -7.20 -0.60 -9.90 -6.65 2013-12-31 Percent [+]
Exports 55.80 2009-12-31 67.30 114.40 55.80 54.55 2010-12-31 CFA Franc Billion [+]
Imports 122.40 2009-12-31 134.50 134.50 68.30 122.78 2010-12-31 CFA Franc Billion [+]
Gold Reserves 0.00 2013-12-31 0.00 0.35 0.00 Tonnes [+]
[+]


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

Central African Republic Inflation Rate at 0.38 percent  
The inflation rate in Central African Republic was recorded at 0.38 percent in July of 2013. Inflation Rate in Central African Republic is reported by the Afristat.
Central African Republic Gold Reserves at 0.00 Tonnes  
Gold Reserves in Central African Republic remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Central African Republic is reported by the World Gold Council.
Central African Republic Interest Rate at 3.25 Percent  
The benchmark interest rate in Central African Republic was last recorded at 3.25 percent. Interest Rate in Central African Republic is reported by the Bank of Central African States.
Central African Republic Sales Tax Rate | VAT at 19.00 Percent  
The Sales Tax Rate in Central African Republic stands at 19 percent. Sales Tax Rate in Central African Republic is reported by the Ministry of Finance.
Central African Republic Balance of Trade at -66.60 CFA Franc Billion  
Central African Republic recorded a trade deficit of 66.60 CFA Franc Billion in 2009. Balance of Trade in Central African Republic is reported by the Bank of Central African States.
Central African Republic Current Account at -67.20 CFA Franc Billion  
Central African Republic recorded a Current Account deficit of 67.20 CFA Franc Billion in 2009. Current Account in Central African Republic is reported by the Bank of Central African States.
Central African Republic GDP per capita at 369.33 USD  
The Gross Domestic Product per capita in Central African Republic was last recorded at 369.33 US dollars in 2012. The GDP per Capita in Central African Republic is equivalent to 3 percent of the worlds average. GDP per capita in Central African Republic is reported by the World Bank.
Central African Republic GDP per capita PPP at 738.65 USD  
The Gross Domestic Product per capita in Central African Republic was last recorded at 738.65 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Central African Republic, when adjusted by Purchasing Power Parity is equivalent to 3 percent of the worlds average. GDP per capita PPP in Central African Republic is reported by the World Bank.
Central African Republic Population at 4.53 million  
The total population in Central African Republic was last recorded at 4.5 million people in 2012 from 1.5 million in 1960, changing 202 percent during the last 50 years. Population in Central African Republic is reported by the World Bank.
Central African Republic GDP at 2.14 USD Billion  
The Gross Domestic Product (GDP) in Central African Republic was worth 2.14 billion US dollars in 2012. The GDP value of Central African Republic represents less than 0.01 percent of the world economy. GDP in Central African Republic is reported by the World Bank.
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