Palestine Current Account to GDP 1998-2014 | Data | Chart | Calendar

Palestine recorded a Current Account deficit of 21.40 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Palestine averaged -20.34 Percent from 1998 until 2012, reaching an all time high of -8.10 Percent in 2007 and a record low of -34.95 Percent in 1999. Current Account to GDP in Palestine is reported by the Palestine Monetary Authority.


Palestine Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-21.40 -28.80 -8.10 -34.95 1998 - 2012 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 - Palestine Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Palestine Current Account to GDP - was last refreshed on Thursday, October 30, 2014.

Palestine Trade Last Previous Highest Lowest Unit
Balance of Trade -336.60 -329.00 -66.79 -429.10 USD Million [+]
Exports 70.60 54.00 85.00 15.92 USD Million [+]
Imports 407.20 383.00 497.40 82.71 USD Million [+]
Current Account -614.60 -418.50 764.40 -1516.00 USD Million [+]
Current Account to GDP -21.40 -28.80 -8.10 -34.95 Percent [+]