Mozambique Current Account to GDP 1980-2014 | Data | Chart | Calendar

Mozambique recorded a Current Account deficit of 29.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Mozambique averaged -13.44 Percent from 1980 until 2013, reaching an all time high of -5 Percent in 1997 and a record low of -29.10 Percent in 2013. Current Account to GDP in Mozambique is reported by the Banco de Moçambique.

   
 
 

Mozambique Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-29.10 -18.80 -5.00 -29.10 1980 - 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 - Mozambique Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Mozambique Current Account to GDP - was last refreshed on Monday, October 20, 2014.

Mozambique Trade Last Previous Highest Lowest Unit
Balance of Trade -909.50 -1003.02 -8.84 -1490.42 USD Million [+]
Exports 762.80 1058.44 1115.59 41.40 USD Million [+]
Imports 1672.30 2061.47 2584.98 119.97 USD Million [+]
Current Account -1078.60 -1685.80 209.20 -1685.80 USD Million [+]
Current Account to GDP -29.10 -18.80 -5.00 -29.10 Percent [+]
Gold Reserves 4.36 4.67 5.45 0.15 Tonnes [+]