Nicaragua Current Account to GDP 1960-2014 | Data | Chart | Calendar

Nicaragua recorded a Current Account deficit of 11.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Nicaragua averaged -16.89 Percent from 1960 until 2013, reaching an all time high of 13.60 Percent in 1979 and a record low of -63 Percent in 1992. Current Account to GDP in Nicaragua is reported by the Consejo Monetario Centroamericanono.

   
 
 

Nicaragua Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-11.40 -12.70 13.60 -63.00 1960 - 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 - Nicaragua Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Nicaragua Current Account to GDP - was last refreshed on Wednesday, October 22, 2014.

Nicaragua Trade Last Previous Highest Lowest Unit
Balance of Trade -214.20 -200.30 -15.80 -296.60 USD Million [+]
Exports 447.90 439.30 448.00 10.50 USD Million [+]
Imports 662.10 639.60 674.00 53.00 USD Million [+]
Current Account -283.30 -169.90 -84.00 -452.80 USD Million [+]
Current Account to GDP -11.40 -12.70 13.60 -63.00 Percent [+]
Remittances 1152.00 1053.00 1152.00 660.00 USD Million [+]
Gold Reserves 0.47 0.46 0.47 0.46 Tonnes [+]