Peru Current Account to GDP

Peru recorded a Current Account deficit of 4.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Peru is reported by the Central Reserve Bank of Peru. Current Account to GDP in Peru averaged -3.64 Percent from 1980 until 2013, reaching an all time high of 3.10 Percent in 2006 and a record low of -9.50 Percent in 1981. 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 - Peru Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-4.90 -3.30 3.10 -9.50 -5.03 | 2014/12 1980 - 2013 Percent Yearly

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Peru Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -4.90 2013-12-31 -3.30 3.10 -9.50 -5.03 2014-12-31 Percent [+]
Balance of Trade 58.40 2014-02-15 -678.70 1231.80 -678.70 -102.24 2014-03-31 USD Million [+]
External Debt 60329.00 2013-12-31 61072.00 62484.00 9121.00 63656.22 2014-03-31 USD Million [+]
Remittances 708.31 2013-11-15 675.00 716.82 21.75 691.35 2014-03-31 USD Million [+]
Terms of Trade 122.72 2014-02-15 124.09 147.19 84.48 123.05 2014-03-31 Index Points [+]
Tourist Arrivals 3487346.00 2012-06-29 3222927.00 3487346.00 216534.00 [+]
Current Account -2246.03 2013-11-15 -2486.67 1347.00 -2951.00 -2524.93 2014-03-31 USD Million [+]
Exports 3017.70 2014-02-15 2937.90 4641.50 16.60 3335.50 2014-03-31 USD Million [+]
Imports 2959.30 2014-02-15 3616.50 3950.70 16.30 3029.84 2014-03-31 USD Million [+]
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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.


RELATED NEWS

Peru Industrial Production at 5.70 Percent  
Industrial Production in Peru increased 5.70 percent in February of 2014 over the same month in the previous year. Industrial Production in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).
Peru Inflation Rate at 3.38 Percent  
The inflation rate in Peru was recorded at 3.38 percent in March of 2014. Inflation Rate in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).
Peru Current Account at -2246.03 USD Million  
Peru recorded a Current Account deficit of 2246.03 USD Million in the fourth quarter of 2013. Current Account in Peru is reported by the Central Reserve Bank of Peru.
Peru Exports at 3017.70 USD Million  
Exports in Peru increased to 3017.70 USD Million in February of 2014 from 2937.90 USD Million in January of 2014. Exports in Peru is reported by the Central Reserve Bank of Peru.
Peru Imports at 2959.30 USD Million  
Imports in Peru decreased to 2959.30 USD Million in February of 2014 from 3616.50 USD Million in January of 2014. Imports in Peru is reported by the Central Reserve Bank of Peru.
Peru Tourist Arrivals at 3487346.00  
Tourist Arrivals in Peru increased to 3487346 in 2012 from 3222927 in 2011. Tourist Arrivals in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).
Peru Unemployed Persons at 355.47 Thousand  
The number of unemployed persons in Peru decreased to 355.47 Thousand in February of 2014 from 362.87 Thousand in January of 2014. Unemployed Persons in Peru is reported by the Central Reserve Bank of Peru.
Peru Average Monthly Wages at 1496.50 PEN  
Wages in Peru decreased to 1496.50 PEN in February of 2014 from 1535.87 PEN in January of 2014. Wages in Peru is reported by the Central Reserve Bank of Peru.
Peru Core Inflation Rate at 3.75 Percent  
Core Inflation Rate in Peru increased 3.75 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Peru is reported by the Instituto Nacional de Estadística e Informática (INEI).
Peru Balance of Trade at 58.40 USD Million  
Peru recorded a trade surplus of 58.40 USD Million in February of 2014. Balance of Trade in Peru is reported by the Central Reserve Bank of Peru.
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