Sao Tome and Principe Current Account to GDP
Sao Tome and Principe recorded a Current Account deficit of 26.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Sao Tome and Principe averaged -30.79 Percent from 2001 until 2013, reaching an all time high of -14.10 Percent in 2003 and a record low of -43 Percent in 2011. Current Account to GDP in Sao Tome and Principe is reported by the Central Bank of Sao Tome and Principe.
||2001 - 2013
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 - Sao Tome and Principe Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.