Laos Current Account to GDP

Laos recorded a Current Account deficit of 29.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Laos averaged -11.25 Percent from 1980 until 2013, reaching an all time high of -2.32 Percent in 1991 and a record low of -29.50 Percent in 2013. Current Account to GDP in Laos is reported by the Bank of the Lao PDR.

   
 
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Laos Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-29.50 -28.50 -2.32 -29.50 1980 - 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 - Laos Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -83.26 -132.41 41.50 -163.90 USD Million [+]
Exports 565.54 525.44 645.78 11.50 USD Million [+]
Imports 648.80 657.85 750.86 124.40 USD Million [+]
Current Account 36.99 -25.80 168.56 -110.00 USD Million [+]
Current Account to GDP -29.50 -28.50 -2.32 -29.50 Percent [+]
Gold Reserves 8.88 8.88 8.88 0.51 Tonnes [+]
Government Debt to GDP 62.03 33.43 81.70 33.43 Percent [+]





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