Myanmar Current Account to GDP

Myanmar recorded a Current Account deficit of 4.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Myanmar averaged -2.04 Percent from 1998 until 2013, reaching an all time high of 6.77 Percent in 2006 and a record low of -14.77 Percent in 1998. Current Account to GDP in Myanmar is reported by the Ministry of National Planning and Economic Development, Myanmar.

   
 
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Myanmar Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -4.40 6.77 -14.77 1998 - 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 - Myanmar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -268.90 -593.30 593.30 -854.60 USD Million [+]
Exports 957.80 694.50 1747.30 502.60 USD Million [+]
Imports 1226.70 1287.80 1824.80 334.20 USD Million [+]
Current Account -1128.00 923.90 1961.00 -1128.00 USD Million [+]
Current Account to GDP -4.80 -4.40 6.77 -14.77 Percent [+]
Foreign Direct Investment 871.80 25.95 1053.54 21.82 USD Million [+]
Tourist Arrivals 242749.00 259492.00 269045.00 125085.00 [+]





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