Liberia Current Account to GDP

Liberia recorded a Current Account deficit of 60.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Liberia is reported by the Central Bank of Liberia. Current Account to GDP in Liberia averaged -25.58 Percent from 1979 until 2013, reaching an all time high of 8.91 Percent in 1981 and a record low of -65.50 Percent in 2012. 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 - Liberia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-60.50 -65.50 8.91 -65.50 -37.91 | 2014/06 1979 - 2013 Percent Yearly

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Liberia Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -33.40 2013-12-31 -35.40 15.10 -145.10 -4.17 2014-01-31 USD Million [+]
Current Account -314.10 2013-12-31 -440.80 245.60 -1069.00 -312.96 2014-03-31 USD Million [+]
Current Account to GDP -60.50 2013-12-31 -65.50 8.91 -65.50 -37.91 2014-06-30 Percent [+]
Exports 52.50 2013-12-31 59.60 83.50 0.00 56.60 2014-01-31 USD Million [+]
Imports 85.90 2013-12-31 95.00 171.50 3.40 122.05 2014-01-31 USD 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

Liberia GDP Annual Growth Rate at 8.10 Percent  
The Gross Domestic Product (GDP) in Liberia expanded 8.90 percent in 2012 from the previous year. GDP Annual Growth Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Current Account to GDP at -60.50 Percent  
Liberia recorded a Current Account deficit of 60.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Liberia is reported by the Central Bank of Liberia.
Liberia Current Account at -314.10 USD Million  
Liberia recorded a Current Account deficit of 314.10 USD Million in the fourth quarter of 2013. Current Account in Liberia is reported by the Central Bank of Liberia.
Liberia Balance of Trade at -33.40 USD Million  
Liberia recorded a trade deficit of 33.40 USD Million in December of 2013. Balance of Trade in Liberia is reported by the Central Bank of Liberia.
Liberia Interest Rate at 13.73 Percent  
The benchmark interest rate in Liberia was last recorded at 13.73 percent. Interest Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Imports at 85.90 USD Million  
Imports in Liberia decreased to 85.90 USD Million in December of 2013 from 95 USD Million in November of 2013. Imports in Liberia is reported by the Central Bank of Liberia.
Liberia Exports at 52.50 USD Million  
Exports in Liberia decreased to 52.50 USD Million in December of 2013 from 59.60 USD Million in November of 2013. Exports in Liberia is reported by the Central Bank of Liberia.
Liberia Inflation Rate at 8.50 Percent  
The inflation rate in Liberia was recorded at 8.50 percent in December of 2013. Inflation Rate in Liberia is reported by the Central Bank of Liberia.
Liberia Government Budget at -0.70 Percent of GDP  
Liberia recorded a Government Budget deficit equal to 0.70 percent of the country's Gross Domestic Product in 2012. Government Budget in Liberia is reported by the Central Bank of Liberia.
Liberia GDP per capita at 277.94 USD  
The Gross Domestic Product per capita in Liberia was last recorded at 277.94 US dollars in 2012. The GDP per Capita in Liberia is equivalent to 2 percent of the worlds average. GDP per capita in Liberia is reported by the World Bank.
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