Costa Rica Current Account to GDP

Costa Rica recorded a Current Account deficit of 5.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Costa Rica averaged -5.52 Percent from 1977 until 2013, reaching an all time high of -1.05 Percent in 1991 and a record low of -15.59 Percent in 1981. Current Account to GDP in Costa Rica is reported by the Consejo Monetario Centroamericanono.

   
 
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Costa Rica Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -5.20 -1.05 -15.59 1977 - 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 - Costa Rica Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -450.90 -489.00 139.60 -697.70 USD Million [+]
Exports 980.50 1045.30 1113.90 235.50 USD Million [+]
Imports 1431.40 1535.00 1622.70 320.70 USD Million [+]
Current Account -545.19 -746.63 80.98 -928.99 USD Million [+]
Current Account to GDP -5.10 -5.20 -1.05 -15.59 Percent [+]
External Debt 17059.10 17158.00 17158.00 5763.40 USD Million [+]
Remittances 579.00 530.00 624.00 80.00 USD Million [+]
Capital Flows -380.41 833.01 2337.05 -380.41 USD Million [+]
Gold Reserves 0.06 0.06 0.12 0.05 Tonnes [+]





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