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.

   
 
 

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 Friday, October 24, 2014.

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -1917.00 -3079.00 2946.00 -5269.00 GBP Million [+]
Exports 40134.00 40836.00 43708.00 962.00 GBP Million [+]
Imports 42051.00 43915.00 45636.00 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 -81805.00 -21222.00 97635.00 -218422.00 GBP Million [+]
Terms of Trade 98.20 99.10 111.80 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 729.00 847.00 2747.00 1.00 BBL/D/1K [+]