Honduras Current Account to GDP
Honduras recorded a Current Account deficit of 8.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Honduras averaged -6.84 Percent from 2000 until 2013, reaching an all time high of -3 Percent in 2005 and a record low of -15.30 Percent in 2008. Current Account to GDP in Honduras is reported by the Consejo Monetario Centroamericano.
||2000 - 2013
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 - Honduras Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.