Switzerland Current Account to GDP
Switzerland recorded a Current Account surplus of 13.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Switzerland averaged 7.59 Percent from 1980 until 2012, reaching an all time high of 15.60 Percent in 2010 and a record low of -0.60 Percent in 1980. Current Account to GDP in Switzerland is reported by the Swiss Federal Statistical Office.
||1980 - 2012
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 - Switzerland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.