Jordan Current Account to GDP

Jordan recorded a Current Account deficit of 17.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Jordan is reported by the Central Bank of Jordan. Current Account to GDP in Jordan averaged -5.05 Percent from 1980 until 2012, reaching an all time high of 11.50 Percent in 2003 and a record low of -18.04 Percent in 2005. 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 - Jordan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-17.30 -12.00 11.50 -18.04 -27.95 | 2013/12 1980 - 2012 Percent Yearly

TO

Jordan Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Capital Flows 774.90 2013-11-15 827.70 1478.00 -496.20 926.35 2014-03-31 JOD Million [+]
External Debt 7234.50 2013-12-31 4932.40 7234.50 3640.20 7383.41 2014-12-31 JOD Million [+]
Remittances 558.10 2013-11-15 625.00 625.00 252.60 581.19 2014-03-31 JOD Million [+]
Terms of Trade 60.70 2013-12-15 61.50 167.20 56.30 58.39 2014-01-31 Index Points [+]
Tourist Arrivals 69.90 2013-12-31 73.70 142.60 37.00 56.02 2014-01-31 Thousand [+]
Balance of Trade -852043.00 2013-12-15 -678729.00 -3400.00 -946386.00 -801439.50 2014-01-31 JOD Thousands [+]
Current Account -739.90 2013-11-15 -1046.90 473.00 -1377.00 -1062.19 2014-03-31 JOD Million [+]
Current Account to GDP -17.30 2012-12-31 -12.00 11.50 -18.04 -27.95 2013-12-31 Percent [+]
Exports 435959.00 2013-12-15 514401.00 612831.00 110.00 455198.50 2014-01-31 JOD Thousands [+]
Imports 1369473.00 2014-01-15 1288002.00 1418440.00 5090.00 1338341.10 2014-02-28 JOD Thousands [+]
[+]


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

Jordan Producer Prices at 218.80 Index Points  
Producer Prices in Jordan decreased to 218.80 Index Points in February of 2014 from 220.50 Index Points in January of 2014. Producer Prices in Jordan is reported by the Department of Statistics, Jordan.
Jordan Inflation Rate at 3.10 Percent  
The inflation rate in Jordan was recorded at 3.10 percent in February of 2014. Inflation Rate in Jordan is reported by the Central Bank of Jordan.
Jordan Interest Rate at 4.25 Percent  
The benchmark interest rate in Jordan was last recorded at 4.25 percent. Interest Rate in Jordan is reported by the Central Bank of Jordan.
Jordan Government Spending at 853.00 JOD Million  
Government Spending in Jordan increased to 853 JOD Million in December of 2013 from 630.20 JOD Million in November of 2013. Government Spending in Jordan is reported by the Ministry of Finance, Jordan.
Jordan Gross Fixed Capital Formation at 4752046183.00 USD  
Gross Fixed Capital Formation in Jordan increased to 4752046183 USD in 2012 from 4273011361.23 USD in 2011. Gross Fixed Capital Formation in Jordan is reported by the World Bank.
Jordan Gross National Product at 21749.30 JOD Million  
Gross National Product in Jordan increased to 21749.30 JOD Million in 2012 from 20349 JOD Million in 2011. Gross National Product in Jordan is reported by the Department of Statistics, Jordan.
Jordan Building Permits at 2041.00  
Housing Index in Jordan decreased to 2041 in December of 2013 from 2403 in November of 2013. Housing Index in Jordan is reported by the Jordan Engineers Association.
Jordan Import Prices at 397.37 Index Points  
Import Prices in Jordan increased to 397.37 Index Points in December of 2013 from 386.70 Index Points in November of 2013. Import Prices in Jordan is reported by the Central Bank of Jordan.
Jordan Remittances at 558.10 JOD Million  
Remittances in Jordan decreased to 558.10 JOD Million in the fourth quarter of 2013 from 625 JOD Million in the third quarter of 2013. Remittances in Jordan is reported by the Central Bank of Jordan.
Jordan Terms of Trade at 60.70 Index Points  
Terms of Trade in Jordan decreased to 60.70 Index Points in December of 2013 from 61.50 Index Points in November of 2013. Terms of Trade in Jordan is reported by the Central Bank of Jordan.
MORE RELATED NEWS

LATEST NEWS

Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News