Djibouti Current Account to GDP

Djibouti recorded a Current Account deficit of 12 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Djibouti averaged -4.38 Percent from 1991 until 2013, reaching an all time high of 6.13 Percent in 2003 and a record low of -25.70 Percent in 2007. Current Account to GDP in Djibouti is reported by the Central Bank of Djibouti.


Djibouti Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-12.00 -13.90 6.13 -25.70 1991 - 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 - Djibouti Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -74668.00 -74266.00 -25441.00 -89806.00 DJF Million [+]
Exports 20971.00 16475.00 20971.00 4886.00 DJF Million [+]
Imports 95639.00 90741.00 102036.00 30600.00 DJF Million [+]
Current Account -54833.00 -21624.00 9812.00 -40056.00 DJF Million [+]
Current Account to GDP -12.00 -13.90 6.13 -25.70 Percent [+]

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