Lesotho Current Account to GDP
Lesotho recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Lesotho averaged -3.72 Percent from 1975 until 2013, reaching an all time high of 14.65 Percent in 1994 and a record low of -39.67 Percent in 1995. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho.
||1975 - 2013
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 - Lesotho Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.