Netherlands Current Account to GDP

Netherlands recorded a Current Account surplus of 8.30 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Netherlands is reported by the Eurostat. From 1980 until 2012, Netherlands Current Account to GDP averaged 4.9 Percent reaching an all time high of 10.4 Percent in December of 1984 and a record low of -1.0 Percent in December of 1980. 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 - Netherlands Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.30 8.30 10.40 -1.00 8.47 | 2013/12 1980 - 2012 Percent Yearly

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Netherlands Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 14043.20 2013-11-15 14336.50 21080.80 -2389.10 14520.68 2014-03-31 EUR Million [+]
Exports 34942.00 2014-02-15 35722.80 38730.10 494.60 37448.76 2014-03-31 EUR Million [+]
Imports 30468.00 2014-02-15 31808.70 34890.60 584.90 32117.94 2014-03-31 EUR Million [+]
Balance of Trade 4474.00 2014-02-15 3914.00 5619.50 -907.60 4095.39 2014-03-31 EUR Million [+]
External Debt 408620.00 2014-01-31 381589.00 579890.00 53290.00 390328.80 2014-02-28 EUR Million [+]
Remittances 48.00 2013-11-15 48.00 171.00 0.00 47.51 2013-12-31 EUR Million [+]
Terms of Trade 100.20 2014-02-15 101.60 107.00 92.50 100.76 2014-02-28 Index Points [+]
Current Account to GDP 8.30 2012-12-31 8.30 10.40 -1.00 8.47 2013-12-31 Percent [+]
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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.


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Netherlands’ annual inflation eased further to 1.1 percent in February of 2014 from 1.4 percent in January. The inflation is now below the Euro Area average for the first time since September of 2012.
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In January of 2014, the Netherland’s jobless rate rose for the second straight month to 8.6 percent, up from 8.5 percent in the last month of 2013. In January last year, unemployment was recorded at 7.5 percent.
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