Ethiopia Current Account to GDP

Ethiopia recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Ethiopia averaged -2.83 Percent from 1981 until 2013, reaching an all time high of 1.82 Percent in 1994 and a record low of -9.40 Percent in 2006. Current Account to GDP in Ethiopia is reported by the National Bank of Ethiopia.


Ethiopia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -6.50 1.82 -9.40 1981 - 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 - Ethiopia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -2810.70 -2288.40 -956.70 -2810.70 USD Million [+]
Exports 681.20 631.10 984.20 265.90 USD Million [+]
Imports 3491.90 2919.50 3491.90 1355.50 USD Million [+]
Current Account -1643.80 -1141.40 159.30 -1643.80 USD Million [+]
Current Account to GDP -5.40 -6.50 1.82 -9.40 Percent [+]

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