Slovakia Current Account to GDP

Slovakia recorded a Current Account surplus of 2.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Slovakia is reported by the Eurostat. Current Account to GDP in Slovakia averaged -4.23 Percent from 1993 until 2013, reaching an all time high of 4.30 Percent in 1994 and a record low of -9.90 Percent in 1996. 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 - Slovakia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.10 2.20 4.30 -9.90 2.50 | 2014/06 1993 - 2013 Percent Yearly

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Slovakia Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 537.00 2014-02-15 393.00 660.00 -865.00 299.81 2014-03-31 EUR Million [+]
Current Account 1.30 2014-01-15 -509.30 393.20 -1470.00 -67.47 2014-02-28 EUR Million [+]
Exports 5324.00 2014-02-15 5153.00 6229.00 312.00 5680.47 2014-03-31 EUR Million [+]
External Debt 82.31 2013-12-31 85.25 85.25 3.39 81.91 2014-01-31 USD Billion [+]
Foreign Direct Investment 2.20 2012-12-31 1.54 4.04 0.00 2.45 2013-12-31 EUR Billion [+]
Imports 4787.00 2014-02-15 4760.00 5848.00 287.00 5173.49 2014-03-31 EUR Million [+]
Terms of Trade 99.34 2014-01-15 100.70 127.54 75.55 100.69 2014-02-28 Index Points [+]
Current Account to GDP 2.10 2013-12-31 2.20 4.30 -9.90 2.50 2014-06-30 Percent [+]
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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

Slovakia Core Inflation Rate at 0.20 Percent  
Core Inflation Rate in Slovakia increased 0.20 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Business Confidence at -2.00  
Business Confidence in Slovakia increased to -2 in March of 2014 from -3.30 in February of 2014. Business Confidence in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Balance of Trade at 537.00 EUR Million  
Slovakia recorded a trade surplus of 537 EUR Million in February of 2014. Balance of Trade in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Current Account at 1.30 EUR Million  
Slovakia recorded a Current Account surplus of 1.30 EUR Million in January of 2014. Current Account in Slovakia is reported by the Národná banka Slovenska.
Slovakia Capacity Utilization at 57.60 Percent  
Capacity Utilization in Slovakia increased to 57.60 percent in the first quarter of 2014 from 54 percent in the fourth quarter of 2013. Capacity Utilization in Slovakia is reported by the European Commission.
Slovakia Car Registrations at 6015.00 Cars  
Car Registrations in Slovakia increased to 6015 Cars in March of 2014 from 5385 Cars in February of 2014. Car Registrations in Slovakia is reported by the European Automobile Manufacturers Association.
Slovakia Consumer Confidence at -14.60  
Consumer Confidence in Slovakia increased to -14.60 in March of 2014 from -18 in February of 2014. Consumer Confidence in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Construction Output at -3.50 Percent  
Construction output in Slovakia decreased 3.50 percent in February of 2014 over the same month in the previous year. Construction Output in Slovakia is reported by the Eurostat.
Slovakia Consumer Price Index (CPI) at 163.80 Index Points  
Consumer Price Index (CPI) in Slovakia decreased to 163.80 Index Points in March of 2014 from 163.90 Index Points in February of 2014. Consumer Price Index (CPI) in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Consumer Spending at 8.37 EUR Billion  
Consumer Spending in Slovakia decreased to 8.37 EUR Billion in the fourth quarter of 2013 from 8.42 EUR Billion in the third quarter of 2013. Consumer Spending in Slovakia is reported by the Statistical Office of the Slovak Republic.
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