Colombia Current Account to GDP 1980-2014 | Data | Chart | Calendar

Colombia recorded a Current Account deficit of 3.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Colombia averaged -1.90 Percent from 1980 until 2013, reaching an all time high of 4.10 Percent in 1991 and a record low of -5.30 Percent in 1982. Current Account to GDP in Colombia is reported by the Banco de la República de Colombia.

   
 
 

Colombia Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-3.40 -3.20 4.10 -5.30 1980 - 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 - Colombia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Colombia Current Account to GDP - was last refreshed on Saturday, November 1, 2014.

Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.08 -1.04 0.80 -1.13 USD Billion [+]
Exports 4.82 5.04 5.71 0.01 USD Billion [+]
Imports 4.90 6.08 6.08 0.28 USD Billion [+]
Current Account -4228.00 -3879.00 355.90 -4228.00 USD Million [+]
Current Account to GDP -3.40 -3.20 4.10 -5.30 Percent [+]
External Debt -54.95 -52.37 4018.45 -3130.97 COP Billion [+]
Foreign Direct Investment 4890.00 3561.70 6773.10 197.20 USD Million [+]
Remittances 924.20 1049.31 1311.91 162.44 USD Million [+]
Capital Flows 4374.93 5638.00 5638.00 -709.42 USD Million [+]
Gold Reserves 10.35 10.35 10.35 6.86 Tonnes [+]
Crude Oil Production 1008.00 950.00 1031.00 356.00 BBL/D/1K [+]
Terms Of Trade 154.56 154.94 165.96 73.87 Index Points [+]