Vietnam Current Account to GDP

Vietnam recorded a Current Account surplus of 7.40 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Vietnam is reported by the Asian Development Bank. From 1980 until 2012, Vietnam Current Account to GDP averaged -3.5 Percent reaching an all time high of 7.4 Percent in December of 2012 and a record low of -11.9 Percent in December of 2008. 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 - Vietnam Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.40 0.20 7.40 -11.90 17.03 | 2014/06 1980 - 2012 Percent Yearly

TO

Vietnam Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -196.00 2014-03-31 -550.00 1440.00 -3888.00 180.85 2014-06-30 USD Million [+]
Current Account 9061.00 2012-06-29 233.00 9061.00 -10823.00 26922.92 2014-06-30 USD Million [+]
Exports 12280.00 2014-03-31 9540.00 12613.00 700.00 11775.69 2014-06-30 USD Million [+]
External Debt 57841.00 2011-12-31 49343.00 57841.00 10345.00 77408.20 2014-06-30 USD Million [+]
Foreign Direct Investment 2515.00 2013-05-15 1931.00 2515.00 1780.00 USD Million [+]
Imports 12470.00 2014-03-31 10090.00 12512.00 740.00 11908.04 2014-06-30 USD Million [+]
Terms of Trade 99.79 2012-06-29 99.53 109.77 94.81 99.57 2014-06-30 Index Points [+]
Current Account to GDP 7.40 2012-12-31 0.20 7.40 -11.90 17.03 2014-06-30 Percent [+]
[+]


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.


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Vietnam Car Sales at 9295.00 Cars  
Car Registrations in Vietnam increased to 9295 Cars in November of 2013 from 8720 Cars in October of 2013. Car Registrations in Vietnam is reported by the Vietnam Automobile Manufacturers Association.
Vietnam Changes in Inventories at 98822.63 VND Billion  
Changes in Inventories in Vietnam increased to 98822.63 VND Billion in 2012 from 81538.12 VND Billion in 2011. Changes in Inventories in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Price Index (CPI) at 156.95 Index Points  
Consumer Price Index (CPI) in Vietnam decreased to 156.95 Index Points in March of 2014 from 157.64 Index Points in February of 2014. Consumer Price Index (CPI) in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Spending at 2093260.97 VND Billion  
Consumer Spending in Vietnam increased to 2093260.97 VND Billion in 2012 from 1844377 VND Billion in 2011. Consumer Spending in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Current Account at 9061.00 USD Million  
Vietnam recorded a Current Account surplus of 9061 USD Million in 2012. Current Account in Vietnam is reported by the Asian Development Bank.
Vietnam Export Prices at 99.50 Index Points  
Export Prices in Vietnam decreased to 99.50 Index Points in 2012 from 119.60 Index Points in 2011. Export Prices in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Foreign Direct Investment at 2515.00 USD Million  
Foreign Direct Investment in Vietnam increased to 2515 USD Million in the second quarter of 2013 from 1931 USD Million in the first quarter of 2013. Foreign Direct Investment in Vietnam is reported by the The State Bank of Vietnam.
Vietnam GDP Deflator at 134.51 Index Points  
GDP Deflator in Vietnam increased to 134.51 Index Points in 2012 from 121.26 Index Points in 2011. GDP Deflator in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Government Budget Value at -129537.00 VND Billion  
Vietnam recorded a government budget deficit of 129537 VND Billion in the second quarter of 2012. Government Budget Value in Vietnam is reported by the Asian Development Bank.
Vietnam Government Spending at 192362.03 VND Billion  
Government Spending in Vietnam increased to 192362.03 VND Billion in 2012 from 164322.94 VND Billion in 2011. Government Spending in Vietnam is reported by the General Statistics Office of Vietnam.
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