Spain Current Account to GDP

Spain recorded a Current Account surplus of 0.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Spain averaged -2.81 Percent from 1980 until 2013, reaching an all time high of 1.50 Percent in 1986 and a record low of -10 Percent in 2007. Current Account to GDP in Spain is reported by the Eurostat.

   
 
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Spain Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
0.80 -1.20 1.50 -10.00 1980 - 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 - Spain Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -1756166.00 -2154810.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 20626409.72 19645234.51 21464846.04 14286.06 Thousand EUR [+]
Imports 22382600.00 21800044.51 26017059.86 37437.07 EUR Thousand [+]
Current Account -1636.46 -1845.71 3007.14 -12219.92 EUR Million [+]
Current Account to GDP 0.80 -1.20 1.50 -10.00 Percent [+]
Terms of Trade 103.40 101.60 123.70 62.20 Index Points [+]
Foreign Direct Investment 2073.13 255.64 23218.65 -8235.20 EUR Million [+]
Remittances 1271.00 1349.00 1609.00 252.00 EUR Million [+]
Tourist Arrivals 9555626.00 8861401.00 14291908.00 2691102.00 [+]
Gold Reserves 281.61 281.61 523.47 281.61 Tonnes [+]





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