Israel Current Account to GDP

Israel recorded a Current Account surplus of 2.47 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Israel is reported by the Central Bureau of Statistics, Israel. Current Account to GDP in Israel averaged -0.93 Percent from 1980 until 2013, reaching an all time high of 4.66 Percent in 2006 and a record low of -8.30 Percent in 1982. 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 - Israel Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.47 0.33 4.66 -8.30 3.02 | 2014/06 1980 - 2013 Percent Yearly

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Israel Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 2157.00 2013-11-15 1828.00 3382.10 -1750.20 2230.55 2014-06-30 USD Million [+]
Capital Flows 7221.00 2013-11-15 1896.00 7221.00 -3565.90 8511.91 2014-06-30 USD Million [+]
External Debt 95632.50 2013-12-31 94846.60 113874.80 18963.00 94163.63 2014-06-30 USD Million [+]
Foreign Direct Investment 4075.00 2012-12-31 4286.00 4441.00 2638.00 3334.87 2014-06-30 USD Million [+]
Remittances 1104.80 2013-11-15 828.70 1104.80 286.90 1072.19 2014-06-30 USD Million [+]
Terms of Trade 102.45 2013-11-15 102.11 106.46 87.22 103.08 2014-06-30 Index Points [+]
Tourist Arrivals 283.72 2014-03-15 221.54 338.90 15.31 258.29 2014-06-30 Thousand [+]
Current Account to GDP 2.47 2013-12-31 0.33 4.66 -8.30 3.02 2014-06-30 Percent [+]
Balance of Trade -1781.80 2014-03-15 -136.00 113.80 -2334.00 -1205.53 2014-06-30 USD Million [+]
Exports 4453.40 2014-03-15 5667.10 5848.30 10.80 4925.59 2014-06-30 USD Million [+]
Imports 6235.20 2014-03-15 5803.10 6987.10 33.10 6102.55 2014-06-30 USD Million [+]
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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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