Costa Rica Current Account to GDP

Costa Rica recorded a Current Account deficit of 5.20 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Costa Rica is reported by the Consejo Monetario Centroamericano. From 1977 until 2012, Costa Rica Current Account to GDP averaged -5.5 Percent reaching an all time high of -1.1 Percent in December of 1991 and a record low of -15.6 Percent in December of 1981. 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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-5.20 -5.35 -1.05 -15.59 -5.23 | 2013/12 1977 - 2012 Percent Yearly

TO

Costa Rica Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -581.40 2014-03-31 -410.80 139.60 -697.70 -594.85 2014-04-30 USD Million [+]
Current Account to GDP -5.20 2012-12-31 -5.35 -1.05 -15.59 -5.23 2013-12-31 Percent [+]
Exports 1023.70 2014-03-31 961.10 1113.90 235.50 1016.82 2014-04-30 USD Million [+]
Imports 1605.10 2014-03-31 1371.76 1616.20 320.70 1542.77 2014-04-30 USD Million [+]
Capital Flows 779.61 2013-11-15 470.53 2337.05 -230.34 343.03 2014-03-31 USD Million [+]
Current Account -760.14 2013-11-15 -708.57 80.98 -924.07 -639.02 2014-03-31 USD Million [+]
External Debt 17158.00 2013-12-31 15974.20 17158.00 5763.40 17878.47 2014-03-31 USD Million [+]
Gold Reserves 0.06 2013-12-31 0.06 0.12 0.05 Tonnes [+]
Remittances 579.00 2012-12-31 530.00 624.00 80.00 612.85 2013-12-31 USD Million [+]
[+]


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

Costa Rica Gold Reserves at 0.06 Tonnes  
Gold Reserves in Costa Rica remained unchanged at 0.06 Tonnes in the fourth quarter of 2013 from 0.06 Tonnes in the third quarter of 2013. Gold Reserves in Costa Rica is reported by the World Gold Council.
Costa Rica Industrial Production at 3.40 Percent  
Industrial Production in Costa Rica increased 3.40 percent in February of 2014 over the same month in the previous year. Industrial Production in Costa Rica is reported by the Central Bank Of Costa Rica.
Costa Rica Population at 471.00 Million  
The total population in Costa Rica was last recorded at 471.0 million people in 2013 from 1.3 million in 1960, changing 35314 percent during the last 50 years. Population in Costa Rica is reported by the Instituto Nacional de Estadística y Censos de Costa Rica.
Costa Rica Unemployed Persons at 169490.00  
The number of unemployed persons in Costa Rica increased to 169490 in 2012 from 165015 in 2011. Unemployed Persons in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Government Debt To Gdp at 55.45 percent  
Costa Rica recorded a Government Debt to GDP of 55.45 percent of the country's Gross Domestic Product in 2013. Government Debt To Gdp in Costa Rica is reported by the Consejo Monetario Centroamericano.
Costa Rica Government Budget at -4.36 Percent of GDP  
Costa Rica recorded a Government Budget deficit equal to 4.36 percent of the country's Gross Domestic Product in 2012. Government Budget in Costa Rica is reported by the Consejo Monetario Centroamericanono.
Costa Rica Current Account to GDP at -5.20 Percent  
Costa Rica recorded a Current Account deficit of 5.20 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Costa Rica is reported by the Consejo Monetario Centroamericano.
Costa Rica Balance of Trade at -581.40 USD Million  
Costa Rica recorded a trade deficit of 581.40 USD Million in March of 2014. Balance of Trade in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Exports at 1023.70 USD Million  
Exports in Costa Rica increased to 1023.70 USD Million in March of 2014 from 961.10 USD Million in February of 2014. Exports in Costa Rica is reported by the Central Bank of Costa Rica.
Costa Rica Imports at 1605.10 USD Million  
Imports in Costa Rica increased to 1605.10 USD Million in March of 2014 from 1371.76 USD Million in February of 2014. Imports in Costa Rica is reported by the Central Bank of Costa Rica.
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