Ireland Current Account to GDP

Ireland recorded a Current Account surplus of 2.10 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Ireland is reported by the Eurostat. From 1980 until 2012, Ireland Current Account to GDP averaged -1.7 Percent reaching an all time high of 4.0 Percent in December of 1993 and a record low of -13.4 Percent in December of 1981. 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 - Ireland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.10 1.10 4.00 -13.40 2.77 | 2013/12 1980 - 2012 Percent Yearly

TO

Ireland Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 3330.00 2013-11-15 3425.00 3425.00 -3997.00 3371.93 2014-03-31 EUR Million [+]
Balance of Trade 3210000.00 2014-02-15 3083000.00 4973000.00 -294081.00 3055426.63 2014-02-28 EUR Thousand [+]
Exports 7232000.00 2014-02-15 7175000.00 9188000.00 45054.00 7300870.04 2014-02-28 EUR Thousand [+]
Imports 4022000.00 2014-02-15 4091100.00 5696500.00 59842.00 4279836.28 2014-02-28 EUR Thousand [+]
Capital Flows -3063.00 2013-11-15 -3357.00 11147.00 -7696.00 -3052.61 2014-03-31 EUR Million [+]
External Debt 1604423.00 2013-12-31 1618068.00 1849903.00 521792.00 1583995.32 2014-03-31 EUR Million [+]
Terms of Trade 0.00 2014-01-15 78.20 132.50 0.00 22.09 2014-02-28 Index Points [+]
Tourist Arrivals 2909.40 2013-11-15 4293.20 5001.00 440.00 2933.07 2013-12-31 Thousand [+]
Current Account to GDP 2.10 2012-12-31 1.10 4.00 -13.40 2.77 2013-12-31 Percent [+]
[+]


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.


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