Tunisia Current Account to GDP

Tunisia recorded a Current Account deficit of 8.10 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Tunisia is reported by the Central Bank of Tunisia. From 1980 until 2012, Tunisia Current Account to GDP averaged -4.5 Percent reaching an all time high of 0.9 Percent in December of 1988 and a record low of -11.6 Percent in December of 1984. 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 - Tunisia 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
-8.10 -7.30 0.90 -11.60 -9.83 | 2013/12 1980 - 2012 Percent Yearly

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Tunisia Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -8.10 2012-12-31 -7.30 0.90 -11.60 -9.83 2013-12-31 Percent [+]
Balance of Trade -1378.40 2014-03-31 -1048.70 -40.30 -1388.00 -1050.66 2014-04-30 Million TNT [+]
Current Account 206.10 2013-12-31 -20.90 3758.90 -2184.60 TND Million [+]
Exports 2342.30 2014-03-15 2316.80 2627.60 239.60 2451.14 2014-04-30 Million TNT [+]
Imports 3720.70 2014-03-15 3365.50 3720.70 453.80 3531.43 2014-04-30 Million TNT [+]
Tourist Arrivals 5950.40 2012-06-29 4785.30 7049.00 3203.80 5972.60 2012-12-31 [+]
[+]


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

Tunisia Current Account at 206.10 TND Million  
Tunisia recorded a Current Account surplus of 206.10 TND Million in the fourth quarter of 2013. Current Account in Tunisia is reported by the Central Bank of Tunisia.
Tunisia Gross Fixed Capital Formation at 14015.60 TND Million  
Gross Fixed Capital Formation in Tunisia decreased to 14015.60 TND Million in 2011 from 15497.30 TND Million in 2010. Gross Fixed Capital Formation in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia Consumer Spending at 42784.20 TND Million  
Consumer Spending in Tunisia increased to 42784.20 TND Million in 2011 from 39683.70 TND Million in 2010. Consumer Spending in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia Changes in Inventories at 1127.40 TND Million  
Changes in Inventories in Tunisia increased to 1127.40 TND Million in 2011 from 1030.70 TND Million in 2010. Changes in Inventories in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia GDP Growth Rate at -0.30 Percent  
The Gross Domestic Product (GDP) in Tunisia contracted 0.30 percent in the fourth quarter of 2013 over the previous quarter. GDP Growth Rate in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia GDP Annual Growth Rate at 2.30 Percent  
The Gross Domestic Product (GDP) in Tunisia expanded 2.30 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia Imports at 3720.70 Million TNT  
Imports in Tunisia increased to 3720.70 Million TNT in March of 2014 from 3365.50 Million TNT in February of 2014. Imports in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia Producer Prices at 180.50 Index Points  
Producer Prices in Tunisia increased to 180.50 Index Points in January of 2014 from 179.50 Index Points in December of 2013. Producer Prices in Tunisia is reported by the National Institute of Statistics - Tunisia.
Tunisia Tourist Arrivals at 5950.40  
Tourist Arrivals in Tunisia increased to 5950.40 in 2012 from 4785.30 in 2011. Tourist Arrivals in Tunisia is reported by the National Institute of Statistics, Tunisia.
Tunisia Consumer Price Index (CPI) at 146.40 Index Points  
Consumer Price Index (CPI) in Tunisia increased to 146.40 Index Points in March of 2014 from 146.30 Index Points in February of 2014. Consumer Price Index (CPI) in Tunisia is reported by the National Institute of Statistics - Tunisia.
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