Chad Current Account to GDP
Chad recorded a Current Account deficit of 6.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Chad averaged -8.63 Percent from 1977 until 2013, reaching an all time high of 4.56 Percent in 1983 and a record low of -123.60 Percent in 2002. Current Account to GDP in Chad is reported by the Bank of Central African States.
||1977 - 2013
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 - Chad Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.