Uzbekistan Current Account to GDP

Uzbekistan recorded a Current Account surplus of 2.70 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Uzbekistan is reported by the SESRIC. From 1992 until 2012, Uzbekistan Current Account to GDP averaged 1.9 Percent reaching an all time high of 9.1 Percent in December of 2006 and a record low of -8.0 Percent in December of 1993. 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 - Uzbekistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.70 5.78 9.12 -7.98 -0.13 | 2014/06 1992 - 2012 Percent Yearly

TO

Uzbekistan Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 715.10 2012-09-30 882.30 2024.80 -393.90 -191.15 2014-06-30 USD Million [+]
Current Account 84.00 2013-06-30 1371.00 2621.00 -980.00 -21.57 2013-12-31 USD Million [+]
Current Account to GDP 2.70 2012-12-31 5.78 9.12 -7.98 -0.13 2014-06-30 Percent [+]
Exports 3501.00 2012-09-30 4031.50 4110.40 1386.80 3465.13 2014-06-30 USD Million [+]
Imports 2785.90 2012-09-30 3149.20 3149.20 999.70 3053.27 2014-06-30 USD Million [+]
[+]


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

Uzbekistan Consumer Spending at 13937500.00 UZS Million  
Consumer Spending in Uzbekistan increased to 13937500 UZS Million in 2012 from 12901800 UZS Million in 2011. Consumer Spending in Uzbekistan is reported by the SESRIC.
Uzbekistan Gross Fixed Capital Formation at 5615.90 UZS Billion  
Gross Fixed Capital Formation in Uzbekistan decreased to 5615.90 UZS Billion in the first quarter of 2014 from 27557.30 UZS Billion in the fourth quarter of 2013. Gross Fixed Capital Formation in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
Uzbekistan Government Spending at 4854590.00 UZS Million  
Government Spending in Uzbekistan increased to 4854590 UZS Million in 2012 from 4524490 UZS Million in 2011. Government Spending in Uzbekistan is reported by the SESRIC.
Uzbekistan Current Account at 84.00 USD Million  
Uzbekistan recorded a Current Account surplus of 84 USD Million in 2013. Current Account in Uzbekistan is reported by the SESRIC.
Uzbekistan Interest Rate at 10.00 Percent  
The benchmark interest rate in Uzbekistan was last recorded at 10 percent. Interest Rate in Uzbekistan is reported by the Central Bank of Uzbekistan.
Uzbekistan Personal Income Tax Rate at 22.00 percent  
The Personal Income Tax Rate in Uzbekistan stands at 22 percent. Personal Income Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Population at 30.49 Million  
The total population in Uzbekistan was last recorded at 30.5 million people in 2013 from 8.6 million in 1960, changing 256 percent during the last 50 years. Population in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
Uzbekistan Corporate Tax Rate at 9.00 percent  
The Corporate Tax Rate in Uzbekistan stands at 9 percent. Corporate Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Sales Tax Rate at 20.00 Percent  
The Sales Tax Rate in Uzbekistan stands at 20 percent. Sales Tax Rate in Uzbekistan is reported by the State Tax Committee.
Uzbekistan Unemployed Persons at 149.00 Thousand  
The number of unemployed persons in Uzbekistan decreased to 149 Thousand in the first quarter of 2011 from 671.60 Thousand in the fourth quarter of 2010. Unemployed Persons in Uzbekistan is reported by the The State Committee of the Republic of Uzbekistan on Statistics.
MORE RELATED NEWS

LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News