Dominican Republic Current Account to GDP 1993-2014 | Data | Chart

Dominican Republic recorded a Current Account deficit of 3.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Dominican Republic averaged -3.12 Percent from 1993 until 2013, reaching an all time high of 5.10 Percent in 2003 and a record low of -9.90 Percent in 2008. Current Account to GDP in Dominican Republic is reported by the Consejo Monetario Centroamericanono.

   
 
 

Dominican Republic Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -6.70 5.10 -9.90 1993 - 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 - Dominican Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Dominican Republic Current Account to GDP - was last refreshed on Thursday, October 23, 2014.

Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -645.30 -411.10 -80.60 -1028.20 USD Million [+]
Exports 838.10 778.10 949.50 282.80 USD Million [+]
Imports 1483.40 1189.20 1815.40 445.10 USD Million [+]
Current Account -803.60 185.90 587.00 -1561.10 USD Million [+]
Current Account to GDP -3.50 -6.70 5.10 -9.90 Percent [+]
Remittances 3158.00 3131.00 3158.00 1807.00 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]