Sri Lanka Current Account to GDP

Sri Lanka recorded a Current Account deficit of 6.60 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Sri Lanka is reported by the Central Bank of Sri Lanka. From 1980 until 2012, Sri Lanka Current Account to GDP averaged -6.0 Percent reaching an all time high of -0.4 Percent in December of 2003 and a record low of -19.3 Percent in December of 1980. 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 - Sri Lanka Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-6.60 -7.80 -0.40 -19.30 -8.99 | 2013/12 1980 - 2012 Percent Yearly

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Sri Lanka Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -6.60 2012-12-31 -7.80 -0.40 -19.30 -8.99 2013-12-31 Percent [+]
Balance of Trade -755.90 2014-01-31 -565.00 -239.50 -2974.00 -851.57 2014-02-28 USD Million [+]
Current Account -95077.10 2013-05-15 -105511.10 30854.90 -189897.00 -103435.96 2013-09-30 LKR Million [+]
Exports 898.00 2014-01-31 986.10 2720.80 696.60 902.85 2014-02-28 USD Million [+]
Imports 1653.90 2014-01-31 1551.10 5641.00 1314.40 1715.76 2014-02-28 USD Million [+]
External Debt 2971600.00 2013-09-30 2948400.00 2995800.00 70173.30 2907154.69 2013-10-31 LKR Million [+]
Terms of Trade 106.40 2013-12-15 111.30 161.24 74.50 84.21 2013-11-30 Index Points [+]
Tourist Arrivals 1274593.00 2013-06-30 1005605.00 1274593.00 39654.00 1292473.53 2013-12-31 [+]
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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

Sri Lanka Gross National Product at 8438960.00 LKR Million  
Gross National Product in Sri Lanka increased to 8438960 LKR Million in 2013 from 7423623 LKR Million in 2012. Gross National Product in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Housing Approvals at 2514.00  
Housing Index in Sri Lanka decreased to 2514 in the second quarter of 2013 from 2659 in the first quarter of 2013. Housing Index in Sri Lanka is reported by the Central Bank Of Sri Lanka.
Sri Lanka Import Prices at 129.20 Index Points  
Import Prices in Sri Lanka increased to 129.20 Index Points in December of 2013 from 123.50 Index Points in November of 2013. Import Prices in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Three Month Treasury Bill Yield at 8.56 Percent  
Interbank Rate in Sri Lanka decreased to 8.56 percent in October of 2013 from 8.60 percent in September of 2013. Interbank Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Labor Force Participation Rate at 53.00 Percent  
Labor Force Participation Rate in Sri Lanka decreased to 53 percent in the fourth quarter of 2013 from 53.80 percent in the third quarter of 2013. Labor Force Participation Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Money Supply M0 at 339771.00 LKR Million  
Money Supply M0 in Sri Lanka increased to 339771 LKR Million in December of 2013 from 323728 LKR Million in November of 2013. Money Supply M0 in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Households Savings Ratio at 20.00 Percent  
Personal Savings in Sri Lanka increased to 20 percent in 2013 from 16.90 percent in 2012. Personal Savings in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Producer Prices at 4867.90 Index Points  
Producer Prices in Sri Lanka increased to 4867.90 Index Points in 2013 from 4457.30 Index Points in 2012. Producer Prices in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Terms of Trade at 106.40 Index Points  
Terms of Trade in Sri Lanka decreased to 106.40 Index Points in December of 2013 from 111.30 Index Points in November of 2013. Terms of Trade in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Tourist Arrivals at 1274593.00  
Tourist Arrivals in Sri Lanka increased to 1274593 in 2013 from 1005605 in 2012. Tourist Arrivals in Sri Lanka is reported by the Ceylon Tourist Board.
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