Macao Current Account To Gdp

Macao recorded a Current Account surplus of 43.60 percent of the country's Gross Domestic Product in 2012. Current Account To Gdp in Macao is reported by the World Bank. Current Account To Gdp in Macao averaged 31.59 Percent from 2002 until 2012, reaching an all time high of 43.60 Percent in 2011 and a record low of 16.73 Percent in 2006. 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 - Macao 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
43.60 43.60 43.60 16.73 43.62 | 2013/12 2002 - 2012 Percent Yearly

TO

Macao Current Account To Gdp
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -5349065.09 2014-02-15 -7837301.32 634540.00 -7837301.32 -7089045.63 2014-03-31 Thousand MOP [+]
Current Account 149493.30 2012-06-29 128585.40 149493.30 18673.00 151409.76 2012-12-31 MOP Million [+]
Exports 721061.03 2014-02-15 935118.74 2377502.00 357945.69 826390.68 2014-03-31 Thousand MOP [+]
Imports 6070126.11 2014-02-15 8772420.07 8772420.07 781040.00 7202550.31 2014-03-31 Thousand MOP [+]
Current Account To Gdp 43.60 2012-12-31 43.60 43.60 16.73 43.62 2013-12-31 Percent [+]
Tourist Arrivals 2560560.00 2014-02-15 2503609.00 2871088.00 532588.00 2556645.03 2014-03-31 [+]
[+]


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

Macao Inflation Rate at 6.36 Percent  
The inflation rate in Macao was recorded at 6.36 percent in March of 2014. Inflation Rate in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Balance of Trade at -5349065.09 Thousand MOP  
Macao recorded a trade deficit of 5349065.09 Thousand MOP in February of 2014. Balance of Trade in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Current Account at 149493.30 MOP Million  
Macao recorded a Current Account surplus of 149493.30 MOP Million in 2012. Current Account in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Exports at 721061.03 Thousand MOP  
Exports in Macao decreased to 721061.03 Thousand MOP in February of 2014 from 935118.74 Thousand MOP in January of 2014. Exports in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Imports at 6070126.11 Thousand MOP  
Imports in Macao decreased to 6070126.11 Thousand MOP in February of 2014 from 8772420.07 Thousand MOP in January of 2014. Imports in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Changes in Inventories at 1242400.00 MOP THO  
Changes in Inventories in Macao increased to 1242400 MOP THO in the fourth quarter of 2013 from 1109700 MOP THO in the third quarter of 2013. Changes in Inventories in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Consumer Price Index (CPI) at 128.81 Index Points  
Consumer Price Index (CPI) in Macao increased to 128.81 Index Points in March of 2014 from 128.32 Index Points in February of 2014. Consumer Price Index (CPI) in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Consumer Spending at 18292600.00 MOP THO  
Consumer Spending in Macao increased to 18292600 MOP THO in the fourth quarter of 2013 from 18095600 MOP THO in the third quarter of 2013. Consumer Spending in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Employed Persons at 370.40 Thousand  
The number of employed persons in Macao increased to 370.40 Thousand in the fourth quarter of 2013 from 364.30 Thousand in the third quarter of 2013. Employed Persons in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao GDP Constant Prices at 100584400.00 MOP THO  
GDP Constant Prices in Macao increased to 100584400 MOP THO in the fourth quarter of 2013 from 88440500 MOP THO in the third quarter of 2013. GDP Constant Prices in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
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