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. 2014-04-21

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 Consumer Prices at 0.20 Percent  
Core Consumer Prices in Slovakia decreased to 0.20 percent in March of 2014 from 0.30 percent in February of 2014. Core Consumer Prices in Slovakia is reported by the Statistical Office of the Slovak Republic.
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 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 Inflation Rate MoM at 0.00 Percent  
The Consumer Price Index in Slovakia decreased 0 percent in March of 2014 over the previous month. Inflation Rate Mom in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Inflation Rate at -0.10 Percent  
The inflation rate in Slovakia was recorded at -0.10 percent in March of 2014. Inflation Rate in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Labour Costs at 134.90 Index Points  
Labour Costs in Slovakia increased to 134.90 Index Points in the fourth quarter of 2013 from 123.70 Index Points in the third quarter of 2013. Labour Costs in Slovakia is reported by the Eurostat.
Slovakia Labor Force Participation Rate at 85.80 Percent  
Labor Force Participation Rate in Slovakia decreased to 85.80 percent in the fourth quarter of 2013 from 85.90 percent in the third quarter of 2013. Labor Force Participation Rate in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Households Savings at 2017.00 EUR Million  
Personal Savings in Slovakia increased to 2017 EUR Million in the fourth quarter of 2013 from 689 EUR Million in the third quarter of 2013. Personal Savings in Slovakia is reported by the Statistical Office of the Slovak Republic.
Slovakia Productivity at 127.10 Index Points  
Productivity in Slovakia increased to 127.10 Index Points in the fourth quarter of 2013 from 127 Index Points in the third quarter of 2013. Productivity in Slovakia is reported by the Eurostat.
Slovakia Producer Prices at 102.80 Index Points  
Producer Prices in Slovakia decreased to 102.80 Index Points in February of 2014 from 104.60 Index Points in January of 2014. Producer Prices in Slovakia is reported by the Statistical Office of the Slovak Republic.
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