United Kingdom Current Account to GDP 1980-2014 | Data | Chart | Calendar

The United Kingdom recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in the United Kingdom averaged -1.67 Percent from 1980 until 2013, reaching an all time high of 1.90 Percent in 1981 and a record low of -4.90 Percent in 1989. Current Account to GDP in the United Kingdom is reported by the Eurostat.

      Forecast    
United Kingdom Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -3.80 1.90 -4.90 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 - United Kingdom Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United Kingdom Current Account to GDP - was last refreshed on Sunday, December 21, 2014.

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -2024.00 -2822.00 2946.00 -5397.00 GBP Million [+]
Exports 41986.00 41773.00 46022.00 962.00 GBP Million [+]
Imports 44010.00 44595.00 47036.00 1031.00 GBP Million [+]
Current Account -23096.00 -20500.00 2752.00 -23519.00 GBP Million [+]
Current Account to GDP -4.40 -3.80 1.90 -4.90 percent [+]
External Debt -331702.00 -326093.00 88871.00 -331702.00 GBP Million [+]
Terms of Trade 99.10 99.40 111.80 82.20 Index Points [+]
Foreign Direct Investment 13483.00 6038.00 70710.00 -7354.00 GBP Million [+]
Gold Reserves 310.25 310.25 588.27 310.25 Tonnes [+]
Crude Oil Production 451.00 682.00 2747.00 1.00 BBL/D/1K [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]