Uruguay Current Account to GDP

Uruguay recorded a Current Account deficit of 5.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Uruguay averaged -1.75 Percent from 1980 until 2013, reaching an all time high of 2.85 Percent in 2002 and a record low of -6.34 Percent in 1980. Current Account to GDP in Uruguay is reported by the World Bank.

   
 
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Uruguay Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-5.90 -5.40 2.85 -6.34 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 - Uruguay Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade 111871.00 -2243.00 226111.00 -428701.00 USD Thousand [+]
Exports 1116355.00 755381.00 1116355.00 45706.00 USD Thousand [+]
Imports 1004484.00 757624.00 1064782.00 119055.00 USD Thousand [+]
Current Account -1194.40 -952.40 200.50 -1194.40 USD Million [+]
Current Account to GDP -5.90 -5.40 2.85 -6.34 Percent [+]
External Debt 22711.47 22882.10 22882.10 7725.65 USD Million [+]
Remittances 123.00 124.00 130.00 42.00 USD Million [+]
Gold Reserves 0.26 0.26 56.73 0.25 Tonnes [+]





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