Guatemala Current Account to GDP

Guatemala recorded a Current Account deficit of 2.90 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Guatemala is reported by the Consejo Monetario Centroamericano. From 1990 until 2012, Guatemala Current Account to GDP averaged -4.7 Percent reaching an all time high of 0.0 Percent in December of 2009 and a record low of -8.4 Percent in December of 1992. 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 - Guatemala Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-2.90 -3.40 0.00 -8.40 -3.68 | 2013/12 1990 - 2012 Percent Yearly

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Guatemala Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -649.80 2014-01-31 -401.10 68.20 -843.20 -596.17 2014-03-31 USD Million [+]
Current Account -454.60 2013-09-30 -354.70 253.10 -759.50 -458.54 2013-12-31 USD Million [+]
Current Account to GDP -2.90 2012-12-31 -3.40 0.00 -8.40 -3.68 2013-12-31 Percent [+]
Exports 895.90 2014-01-31 932.00 1051.80 145.60 965.01 2014-03-31 USD Million [+]
Imports 1545.70 2014-01-31 1333.10 1610.10 214.00 1463.86 2014-03-31 USD Million [+]
Capital Flows 2517.10 2013-06-30 2262.00 2517.10 76.30 2537.55 2013-12-31 USD Million [+]
Remittances 5246.00 2013-06-30 4915.60 5246.00 96.50 5272.32 2013-12-31 USD Million [+]
[+]


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

Guatemala GDP Annual Growth Rate at 3.10 Percent  
The Gross Domestic Product (GDP) in Guatemala expanded 3.10 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Guatemala is reported by the Banco de Guatemala.
Guatemala Inflation Rate at 3.25 Percent  
The inflation rate in Guatemala was recorded at 3.25 percent in March of 2014. Inflation Rate in Guatemala is reported by the Banco de Guatemala.
Guatemala Capital Flows at 2517.10 USD Million  
Capital Flows in Guatemala increased to 2517.10 USD Million in 2013 from 2262 USD Million in 2012. Capital Flows in Guatemala is reported by the Banco de Guatemala.
Guatemala Changes in Inventories at -152.10 GTQ Million  
Changes in Inventories in Guatemala increased to -152.10 GTQ Million in 2013 from -472.10 GTQ Million in 2012. Changes in Inventories in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Price Index (CPI) at 115.46 Index Points  
Consumer Price Index (CPI) in Guatemala increased to 115.46 Index Points in March of 2014 from 115.20 Index Points in February of 2014. Consumer Price Index (CPI) in Guatemala is reported by the Banco de Guatemala.
Guatemala Consumer Spending at 187994.80 GTQ Million  
Consumer Spending in Guatemala increased to 187994.80 GTQ Million in 2013 from 179995 GTQ Million in 2012. Consumer Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala GDP Constant Prices at 221842.30 GTQ Million  
GDP Constant Prices in Guatemala increased to 221842.30 GTQ Million in 2013 from 214088.20 GTQ Million in 2012. GDP Constant Prices in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Budget Value at -414.30 GTQ Million  
Guatemala recorded a government budget deficit of 414.30 GTQ Million in February of 2014. Government Budget Value in Guatemala is reported by the Banco de Guatemala.
Guatemala Government Spending at 25063.60 GTQ Million  
Government Spending in Guatemala increased to 25063.60 GTQ Million in 2013 from 24454.40 GTQ Million in 2012. Government Spending in Guatemala is reported by the Banco de Guatemala.
Guatemala Gross Fixed Capital Formation at 32283.60 GTQ Million  
Gross Fixed Capital Formation in Guatemala increased to 32283.60 GTQ Million in 2013 from 31726.20 GTQ Million in 2012. Gross Fixed Capital Formation in Guatemala is reported by the Banco de Guatemala.
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