Haiti Current Account to GDP

Haiti recorded a Current Account deficit of 4 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Haiti is reported by the WorldBank. From 1991 until 2012, Haiti Current Account to GDP averaged -2.2 Percent reaching an all time high of 0.8 Percent in December of 1998 and a record low of -4.6 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 - Haiti 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
-4.00 -3.90 0.76 -4.64 -4.07 | 2013/12 1991 - 2012 Percent Yearly

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Haiti Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -227.50 2013-06-30 -204.34 -71.76 -246.23 -210.97 2013-07-31 USD Million [+]
Current Account -176.40 2013-06-30 -229.84 135.77 -289.05 -206.11 2013-09-30 USD Million [+]
Current Account to GDP -4.00 2012-12-31 -3.90 0.76 -4.64 -4.07 2013-12-31 Percent [+]
Exports 76.74 2013-06-30 87.43 87.77 11.91 37158.91 2013-07-31 USD Million [+]
Imports 304.24 2013-06-30 291.77 315.44 125.60 295.24 2013-07-31 USD Million [+]
Remittances 1988.00 2012-12-31 2057.00 2057.00 810.00 1945.85 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

Haiti Gold Reserves at 1.81 Tonnes  
Gold Reserves in Haiti remained unchanged at 1.81 Tonnes in the fourth quarter of 2013 from 1.81 Tonnes in the third quarter of 2013. Gold Reserves in Haiti is reported by the World Gold Council.
Haiti Inflation Rate at 3.20 Percent  
The inflation rate in Haiti was recorded at 3.20 percent in February of 2014. Inflation Rate in Haiti is reported by the Banque de la République d'Haiti.
Haiti Interest Rate at 7.00 Percent  
The benchmark interest rate in Haiti was last recorded at 7 percent. Interest Rate in Haiti is reported by the Banque de la République d'Haiti.
Haiti Sales Tax Rate | VAT at 10.00 Percent  
The Sales Tax Rate in Haiti stands at 10 percent. Sales Tax Rate in Haiti is reported by the Ministry of the Economy & Finance.
Haiti Balance of Trade at -227.50 USD Million  
Haiti recorded a trade deficit of 227.50 USD Million in June of 2013. Balance of Trade in Haiti is reported by the Banque de la République d'Haiti.
Haiti Current Account at -176.40 USD Million  
Haiti recorded a Current Account deficit of 176.40 USD Million in the second quarter of 2013. Current Account in Haiti is reported by the Banque de la République d'Haiti.
Haiti Exports at 76.74 USD Million  
Exports in Haiti decreased to 76.74 USD Million in June of 2013 from 87.43 USD Million in May of 2013. Exports in Haiti is reported by the Banque de la République d'Haiti.
Haiti Remittances at 1988.00 USD Million  
Remittances in Haiti decreased to 1988 in December of 2012 from 2057 in December of 2011.
Haiti Imports at 304.24 USD Million  
Imports in Haiti decreased to 208.80 USD Million in March of 2013 from 222.39 USD Million in February of 2013. Imports in Haiti is reported by the Banque de la République dHaiti.
Haiti GDP per capita at 459.70 USD  
The Gross Domestic Product per capita in Haiti was last recorded at 459.70 US dollars in 2012. The GDP per Capita in Haiti is equivalent to 4 percent of the worlds average. GDP per capita in Haiti is reported by the World Bank.
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