Maldives Current Account to GDP

Maldives recorded a Current Account deficit of 20.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Maldives averaged -15.74 Percent from 1997 until 2013, reaching an all time high of -4 Percent in 1998 and a record low of -36.40 Percent in 2005. Current Account to GDP in Maldives is reported by the Maldives Monetary Authority.

   
 
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Maldives Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-20.50 -23.00 -4.00 -36.40 1997 - 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 - Maldives Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -118.90 -133.80 -43.30 -135.30 USD Million [+]
Exports 28.30 23.10 74.30 8.40 USD Million [+]
Imports 171.00 158.70 171.80 57.30 USD Million [+]
Current Account -469.30 -489.40 -21.90 -610.20 USD Million [+]
Current Account to GDP -20.50 -23.00 -4.00 -36.40 Percent [+]
Tourist Arrivals 111000.00 105000.00 111000.00 59379.00 [+]





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