East Timor Current Account to GDP
East Timor recorded a Current Account surplus of 40 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in East Timor averaged 37.73 Percent from 2006 until 2012, reaching an all time high of 45.60 Percent in 2008 and a record low of 19.20 Percent in 2006. Current Account to GDP in East Timor is reported by the Central Bank of Timor-Leste.
||2006 - 2012
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 - East Timor Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.