Equatorial Guinea Current Account to GDP

Equatorial Guinea recorded a Current Account deficit of 16.40 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Equatorial Guinea is reported by the Bank of Central African States. From 1987 until 2012, Equatorial Guinea Current Account to GDP averaged -20.4 Percent reaching an all time high of 9.1 Percent in December of 2008 and a record low of -132.8 Percent in December of 1996. 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 - Equatorial Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-16.40 -17.90 9.10 -132.80 -13.80 | 2014/06 1987 - 2012 Percent Yearly

TO

Equatorial Guinea Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Crude Oil Production 293.00 2013-12-15 293.00 393.00 3.00 258.14 2013-11-30 Thousands Barrels per Day [+]
Balance of Trade 2723.70 2010-12-31 1721.21 5008.41 -16.27 -2247.10 2014-06-30 CFA Franc Billion [+]
Current Account -352.70 2010-12-31 -1294.60 722.10 -1294.60 -2219.74 2014-06-30 CFA Franc Billion [+]
Current Account to GDP -16.40 2012-12-31 -17.90 9.10 -132.80 -13.80 2014-06-30 Percent [+]
Exports 4631.30 2010-12-31 4175.20 6685.90 10.30 1134.49 2014-06-30 CFA Franc Billion [+]
Imports 1889.60 2010-12-31 2454.00 2454.00 14.45 2378.38 2014-06-30 CFA Franc Billion [+]
[+]


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

Equatorial Guinea Crude Oil Production at 293.00 Thousands Barrels per Day  
Crude Oil Production in Equatorial Guinea remained unchanged at 293 Thousands Barrels per Day in December of 2013 from 293 Thousands Barrels per Day in November of 2013. Crude Oil Production in Equatorial Guinea is reported by the U.S. Energy Information Administration.
Equatorial Guinea Interest Rate at 3.25 Percent  
The benchmark interest rate in Equatorial Guinea was last recorded at 3.25 percent. Interest Rate in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Equatorial Guinea stands at 35 percent. Personal Income Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Equatorial Guinea stands at 35 percent. Corporate Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Government Debt To GDP at 4.70 Percent  
Equatorial Guinea recorded a Government Debt to GDP of 4.70 percent of the country's Gross Domestic Product in 2011. Government Debt To GDP in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea GDP Annual Growth Rate at 5.50 Percent  
The Gross Domestic Product (GDP) in Equatorial Guinea expanded 5.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Equatorial Guinea stands at 15 percent. Sales Tax Rate in Equatorial Guinea is reported by the Ministry of Finance.
Equatorial Guinea Balance of Trade at 2723.70 CFA Franc Billion  
Equatorial Guinea recorded a trade surplus of 2723.70 CFA Franc Billion in 2010. Balance of Trade in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Current Account at -352.70 CFA Franc Billion  
Equatorial Guinea recorded a Current Account deficit of 352.70 CFA Franc Billion in 2010. Current Account in Equatorial Guinea is reported by the Bank of Central African States.
Equatorial Guinea Inflation Rate at 3.10 Percent  
The inflation rate in Equatorial Guinea was recorded at 3.10 percent in 2013. Inflation Rate in Equatorial Guinea is reported by the Bank of Central African States.
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