Spain Current Account to GDP  1980-2017 | Data | Chart | Calendar

Spain is expected to record a current account surplus equivalent to 1.5 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. Current Account to GDP in Spain averaged -2.62 percent from 1980 until 2015, reaching an all time high of 1.50 percent in 1986 and a record low of -9.60 percent in 2007.

Spain Current Account to GDP
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Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1458000.00 -2606000.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 26225000.00 22076000.00 26225000.00 14286.06 EUR Thousand [+]
Imports 27684000.00 24682000.00 27684000.00 37437.07 EUR Thousand [+]
Current Account -223.00 409.00 4482.00 -12368.00 EUR Million [+]
Current Account to GDP 1.50 1.40 1.50 -9.60 percent [+]
Terms of Trade 101.30 101.30 123.70 62.20 Index Points [+]
Foreign Direct Investment 2728.00 4832.00 23250.00 -10292.00 EUR Million [+]
Capital Flows -5016.00 5582.00 15580.00 -9850.00 EUR Million [+]
Remittances 3208.00 2624.00 3434.00 732.00 EUR Million [+]
Tourist Arrivals 4907.55 4118.21 10104.27 1397.41 Thousand [+]
Gold Reserves 281.58 281.58 523.47 281.58 Tonnes [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]
External Debt 1865366000.00 1890465000.00 1890465000.00 601897024.00 EUR Thousand [+]
Tourism Revenues 3098.00 3409.00 7102.00 890.00 EUR Million [+]
Weapons Sales 1279.00 1062.00 1429.00 2.00 USD Million [+]
Terrorism Index 1.20 2.62 6.52 1.20 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Spain Current Account to GDP Notes

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. Spain Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.40 1.50 -9.60 1980 - 2015 percent Yearly



current account to gdp by Country

Last
Switzerland 11.00 Dec/15
Netherlands 9.10 Dec/15
Germany 8.80 Dec/15
South Korea 7.00 Dec/16
Euro Area 3.70 Dec/15
Japan 3.70 Dec/16
Italy 2.20 Dec/15
China 1.80 Dec/16
Russia 1.80 Dec/16
Spain 1.50 Dec/15
India -0.90 Dec/16
Brazil -1.30 Dec/16
France -1.40 Dec/15
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16