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.

   
 
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Honduras Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-8.70 -8.60 -3.00 -15.30 2000 - 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 - Honduras Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -405.70 -434.00 40.10 -605.24 USD Million [+]
Exports 361.57 356.92 503.90 44.90 USD Million [+]
Imports 771.34 790.87 882.05 58.70 USD Million [+]
Current Account -510.30 -487.30 62.80 -766.40 USD Million [+]
Current Account to GDP -8.70 -8.60 -3.00 -15.30 Percent [+]
External Debt 6835.70 6756.20 6835.70 2703.90 USD Million [+]
Remittances 2894.00 2862.00 2894.00 460.00 USD Million [+]
Gold Reserves 0.68 0.68 0.68 0.67 Tonnes [+]





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