Honduras Current Account to GDP

Honduras recorded a Current Account deficit of 9.70 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Honduras is reported by the Consejo Monetario Centroamericano. From 2000 until 2012, Honduras Current Account to GDP averaged -7.0 Percent reaching an all time high of -3.0 Percent in December of 2005 and a record low of -15.2 Percent in December of 2008. 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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-9.70 -8.60 -3.00 -15.20 -11.33 | 2013/12 2000 - 2012 Percent Yearly

TO

Honduras Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
External Debt 6689.90 2014-01-31 6639.20 6689.90 2703.90 6619.65 2014-02-28 USD Million [+]
Gold Reserves 0.68 2013-12-31 0.68 0.68 0.67 Tonnes [+]
Remittances 2894.00 2012-12-31 2862.00 2894.00 460.00 2920.29 2013-12-31 USD Million [+]
Balance of Trade -518.16 2013-11-15 -528.35 40.10 -605.24 -480.87 2013-12-31 USD Million [+]
Current Account -498.40 2013-09-30 -392.20 62.80 -766.40 -579.87 2013-12-31 USD Million [+]
Current Account to GDP -9.70 2012-12-31 -8.60 -3.00 -15.20 -11.33 2013-12-31 Percent [+]
Exports 368.56 2013-12-15 282.52 503.90 44.90 388.26 2014-01-31 USD Million [+]
Imports 823.61 2013-12-15 807.01 882.05 58.70 846.12 2014-01-31 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

Honduras Gold Reserves at 0.68 Tonnes  
Gold Reserves in Honduras remained unchanged at 0.68 Tonnes in the fourth quarter of 2013 from 0.68 Tonnes in the third quarter of 2013. Gold Reserves in Honduras is reported by the World Gold Council.
Honduras Exports at 368.56 USD Million  
Exports in Honduras increased to 368.56 USD Million in December of 2013 from 282.52 USD Million in November of 2013. Exports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Imports at 823.61 USD Million  
Imports in Honduras increased to 823.61 USD Million in December of 2013 from 807.01 USD Million in November of 2013. Imports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Changes in Inventories at 2629.30 HNL Million  
Changes in Inventories in Honduras decreased to 2629.30 HNL Million in 2012 from 4803.70 HNL Million in 2011. Changes in Inventories in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Price Index (CPI) at 272.40 Index Points  
Consumer Price Index (CPI) in Honduras increased to 272.40 Index Points in March of 2014 from 270.80 Index Points in February of 2014. Consumer Price Index (CPI) in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Spending at 125668.30 HNL Million  
Consumer Spending in Honduras increased to 125668.30 HNL Million in 2012 from 122124.10 HNL Million in 2011. Consumer Spending in Honduras is reported by the Banco Central De Honduras.
Honduras GDP Constant Prices at 172369.50 HNL Million  
GDP Constant Prices in Honduras increased to 172369.50 HNL Million in 2012 from 165761.40 HNL Million in 2011. GDP Constant Prices in Honduras is reported by the Banco Central De Honduras.
Honduras Government Spending at 24509.80 HNL Million  
Government Spending in Honduras increased to 24509.80 HNL Million in 2012 from 23236.60 HNL Million in 2011. Government Spending in Honduras is reported by the Banco Central De Honduras.
Honduras Gross Fixed Capital Formation at 87889.40 HNL Million  
Gross Fixed Capital Formation in Honduras increased to 87889.40 HNL Million in 2012 from 84100.50 HNL Million in 2011. Gross Fixed Capital Formation in Honduras is reported by the Banco Central De Honduras.
Honduras Gross National Product at 160799.30 HNL Million  
Gross National Product in Honduras increased to 160799.30 HNL Million in 2012 from 156697.60 HNL Million in 2011. Gross National Product in Honduras is reported by the Banco Central De Honduras.
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