Seychelles Current Account to GDP

Seychelles recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Seychelles averaged -11.96 Percent from 1976 until 2013, reaching an all time high of 6.44 Percent in 1994 and a record low of -28.90 Percent in 2007. Current Account to GDP in Seychelles is reported by the Central Bank of Seychelles.


Seychelles Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-19.00 -27.00 6.44 -28.90 1976 - 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 - Seychelles Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -90.00 -114.00 -44.12 -192.00 USD Million [+]
Exports 148.00 158.00 165.00 21.53 USD Million [+]
Imports 238.00 272.00 280.00 65.65 USD Million [+]
Current Account -539.12 -1036.34 -89.00 -1036.34 USD Million [+]
Current Account to GDP -19.00 -27.00 6.44 -28.90 Percent [+]

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