Malta Current Account to GDP

Malta recorded a Current Account surplus of 1.50 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Malta is reported by the Eurostat. From 1995 until 2012, Malta Current Account to GDP averaged -5.5 Percent reaching an all time high of 2.4 Percent in December of 2002 and a record low of -12.4 Percent in December of 2000. 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 - Malta Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.50 -0.30 2.40 -12.40 4.59 | 2013/12 1995 - 2012 Percent Yearly

TO

Malta Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -121864.00 2014-02-15 -92731.00 -7900.00 -370600.00 -124574.27 2014-03-31 EUR Thousand [+]
Current Account -43025.00 2013-11-15 163072.00 261524.00 -313524.00 -11549.78 2014-03-31 EUR Thousand [+]
Current Account to GDP 1.50 2012-12-31 -0.30 2.40 -12.40 4.59 2013-12-31 Percent [+]
Exports 260100.00 2014-02-15 341125.00 669600.00 103400.00 287138.19 2014-03-31 EUR Thousand [+]
Imports 381964.00 2014-02-15 433856.00 834300.00 162800.00 416248.05 2014-03-31 EUR Thousand [+]
External Debt 5409.00 2013-09-30 5293.00 5409.00 2129.00 5509.35 2013-12-31 EUR Million [+]
Tourist Arrivals 65299.00 2014-02-15 69525.00 218271.00 40412.00 [+]
[+]


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

Malta Inflation Rate at 1.40 Percent  
The inflation rate in Malta was recorded at 1.40 percent in March of 2014. Inflation Rate in Malta is reported by the National Statistics Office, Malta.
Malta Loans to Private Sector at 7738800.00 EUR THO  
Loans to Private Sector in Malta increased to 7738800 EUR THO in September of 2013 from 7727600 EUR THO in August of 2013. Loans to Private Sector in Malta is reported by the Central Bank of Malta.
Malta Producer Prices at 95.32 Index Points  
Producer Prices in Malta decreased to 95.32 Index Points in February of 2014 from 96.91 Index Points in January of 2014. Producer Prices in Malta is reported by the National Statistics Office, Malta.
Malta Tourist Arrivals at 65299.00  
Tourist Arrivals in Malta decreased to 65299 in February of 2014 from 69525 in January of 2014. Tourist Arrivals in Malta is reported by the National Statistics Office, Malta.
Malta Average Gross Wages at 16021.79 EUR  
Wages in Malta increased to 16021.79 EUR in the fourth quarter of 2013 from 15772 EUR in the third quarter of 2013. Wages in Malta is reported by the National Statistics Office, Malta.
Malta Youth Unemployment Rate at 13.90 Percent  
Youth Unemployment Rate in Malta decreased to 13.90 percent in February of 2014 from 14 percent in January of 2014. Youth Unemployment Rate in Malta is reported by the Eurostat.
Malta Personal Lending Rate at 4.44 Percent  
Bank Lending Rate in Malta decreased to 4.44 percent in February of 2014 from 4.47 percent in January of 2014. Bank Lending Rate in Malta is reported by the European Central Bank.
Malta Capacity Utilization at 80.20 Percent  
Capacity Utilization in Malta increased to 80.20 percent in the first quarter of 2014 from 78.40 percent in the fourth quarter of 2013. Capacity Utilization in Malta is reported by the European Commission.
Malta Car Registrations at 1400.00 Cars  
Car Registrations in Malta decreased to 1400 Cars in the fourth quarter of 2013 from 1508 Cars in the third quarter of 2013. Car Registrations in Malta is reported by the National Statistics Office, Malta.
Malta Changes in Inventories at -7073.00 EUR THO  
Changes in Inventories in Malta increased to -7073 EUR THO in the fourth quarter of 2013 from -28466 EUR THO in the third quarter of 2013. Changes in Inventories in Malta is reported by the National Statistics Office, Malta.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News