Nicaragua Current Account to GDP 1960-2015 | Data | Chart | Calendar

Nicaragua recorded a Current Account deficit of 7.10 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Nicaragua averaged -16.71 percent from 1960 until 2014, 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.

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Nicaragua Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-7.10 -11.40 13.60 -63.00 1960 - 2014 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 Saturday, July 4, 2015.

Nicaragua Trade Last Previous Highest Lowest Unit
Balance of Trade -149.00 -217.60 -15.80 -296.60 USD Million [+]
Exports 471.70 386.80 471.70 10.50 USD Million [+]
Imports 620.70 604.40 705.60 53.00 USD Million [+]
Current Account -300.60 -166.60 -47.30 -449.30 USD Million [+]
Current Account to GDP -7.10 -11.40 13.60 -63.00 percent [+]
Remittances 1135.80 1202.00 1202.00 660.00 USD Million [+]
Gold Reserves 0.47 0.46 0.47 0.46 Tonnes [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]