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.
||1998 - 2013
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.