Lesotho Current Account to GDP

Lesotho recorded a Current Account deficit of 18.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho. Current Account to GDP in Lesotho averaged -3.86 Percent from 1975 until 2012, reaching an all time high of 14.65 Percent in 1994 and a record low of -39.67 Percent in 1995. 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. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-18.80 -16.60 14.65 -39.67 -14.41 | 2014/06 1975 - 2012 Percent Yearly

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Lesotho Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -2202.87 2013-12-31 -2197.29 -746.93 -3028.61 -2299.06 2014-06-30 LSL Million [+]
Current Account 78.30 2013-12-31 274.90 829.12 -2059.61 92.08 2014-06-30 LSL Million [+]
Current Account to GDP -18.80 2012-12-31 -16.60 14.65 -39.67 -14.41 2014-06-30 Percent [+]
Exports 2134.53 2013-12-31 2289.90 2701.57 476.79 2116.69 2014-06-30 LSL Million [+]
Imports 4337.40 2013-12-31 4487.06 5142.58 1337.33 4324.95 2014-06-30 LSL 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.


RELATED NEWS

Lesotho Balance of Trade at -2202.87 LSL Million  
Lesotho recorded a trade deficit of 2202.87 LSL Million in the fourth quarter of 2013. Balance of Trade in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Exports at 2134.53 LSL Million  
Exports in Lesotho decreased to 2134.53 LSL Million in the fourth quarter of 2013 from 2289.90 LSL Million in the third quarter of 2013. Exports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Imports at 4337.40 LSL Million  
Imports in Lesotho decreased to 4337.40 LSL Million in the fourth quarter of 2013 from 4487.06 LSL Million in the third quarter of 2013. Imports in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account to GDP at -18.80 Percent  
Lesotho recorded a Current Account deficit of 18.80 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Current Account at 78.30 LSL Million  
Lesotho recorded a Current Account surplus of 78.30 LSL Million in the fourth quarter of 2013. Current Account in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Inflation Rate at 5.70 Percent  
The inflation rate in Lesotho was recorded at 5.70 percent in February of 2014. Inflation Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Interest Rate at 6.01 Percent  
The benchmark interest rate in Lesotho was last recorded at 6.01 percent. Interest Rate in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Government Budget at -10.40 Percent of GDP  
Lesotho recorded a Government Budget deficit equal to 10.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Lesotho is reported by the Central Bank of Lesotho.
Lesotho Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Lesotho stands at 35 percent. Personal Income Tax Rate in Lesotho is reported by the Ministry of Finance.
Lesotho Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Lesotho stands at 35 percent. Corporate Tax Rate in Lesotho is reported by the Commissioner of Income Tax.
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