Lebanon Current Account to GDP

Lebanon recorded a Current Account deficit of 16.18 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Lebanon averaged -14.92 Percent from 2002 until 2013, reaching an all time high of -3.87 Percent in 2012 and a record low of -25.59 Percent in 2003. Current Account to GDP in Lebanon is reported by the World Bank.

   
 
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Lebanon Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-16.18 -3.87 -3.87 -25.59 2002 - 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 - Lebanon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -1361.56 -1340.49 -182.55 -2369.61 USD Million [+]
Exports 314.83 300.09 487.13 26.69 USD Million [+]
Imports 1676.39 1640.59 2798.95 268.55 USD Million [+]
Current Account 520.40 -45.40 1610.00 -1188.80 USD Million [+]
Current Account to GDP -16.18 -3.87 -3.87 -25.59 Percent [+]
External Debt 26228.00 26073.00 26411.00 315.00 USD Million [+]
Remittances 797.50 863.70 1378.50 -248.90 USD Million [+]
Capital Flows 1194.60 -380.00 5755.80 -2085.70 USD Million [+]
Gold Reserves 286.83 286.83 286.83 286.83 Tonnes [+]





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