Gambia Current Account to GDP

Gambia recorded a Current Account deficit of 16 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Gambia averaged -6.69 Percent from 1978 until 2013, reaching an all time high of 12.10 Percent in 1988 and a record low of -37.57 Percent in 1980. Current Account to GDP in Gambia is reported by the Central Bank of The Gambia.


Gambia Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-16.00 -16.40 12.10 -37.57 1978 - 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 - Gambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -1159.07 -1271.16 -378.77 -2051.06 million GMD [+]
Exports 1147.33 1132.24 1452.73 42.59 million GMD [+]
Imports 2306.40 2403.40 3029.86 1520.40 million GMD [+]
Current Account 587.48 858.53 1463.28 -3586.00 Dalasi Million [+]
Current Account to GDP -16.00 -16.40 12.10 -37.57 Percent [+]

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