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.

   
 
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Lesotho Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -9.40 14.65 -39.67 1975 - 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 - Lesotho Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -2577.36 -2202.87 -746.93 -3028.61 LSL Million [+]
Exports 2666.37 2134.53 2701.57 476.79 LSL Million [+]
Imports 5243.73 4337.40 5243.73 1337.33 LSL Million [+]
Current Account -241.90 81.82 829.12 -2059.61 LSL Million [+]
Current Account to GDP -4.40 -9.40 14.65 -39.67 Percent [+]





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