Zambia Current Account to GDP

Zambia recorded a Current Account surplus of 5.40 percent of the countrys Gross Domestic Product in 2011. Current Account to GDP in Zambia is reported by the Bank of Zambia. From 1978 until 2011, Zambia Current Account to GDP averaged -9.7 Percent reaching an all time high of 5.4 Percent in December of 2011 and a record low of -20.9 Percent in December of 1986. 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 - Zambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.40 3.60 5.40 -20.88 5.48 | 2012/12 1978 - 2011 Percent Yearly

TO

Zambia Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade 161000.00 2013-12-15 6000.00 1485000.00 -493000.00 145702.00 2014-01-31 Thousands Zambian Kwacha [+]
Current Account 67.50 2012-12-31 240.20 620.00 -648.50 -80.50 2013-03-31 USD Million [+]
Current Account to GDP 5.40 2011-12-31 3.60 5.40 -20.88 5.48 2012-12-31 Percent [+]
Exports 4217000.00 2014-02-15 4843000.00 5492000.00 271000.00 4703548.08 2014-03-31 Thousands Zambian Kwacha [+]
Imports 4159000.00 2014-02-15 4547000.00 5130000.00 518000.00 4577061.79 2014-03-31 Thousands Zambian Kwacha [+]
[+]


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

Zambia Exports at 4217000.00 Thousands Zambian Kwacha  
Exports in Zambia decreased to 4217000 Thousands Zambian Kwacha in February of 2014 from 4843000 Thousands Zambian Kwacha in January of 2014. Exports in Zambia is reported by the Central Statistical Office, Zambia.
Zambia GDP Current Prices at 125947.00 ZMW THO  
GDP Constant Prices in Zambia increased to 125947 ZMW THO in 2013 from 106015 ZMW THO in 2012. GDP Constant Prices in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Imports at 4159000.00 Thousands Zambian Kwacha  
Imports in Zambia decreased to 4159000 Thousands Zambian Kwacha in February of 2014 from 4547000 Thousands Zambian Kwacha in January of 2014. Imports in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Interest Rate at 12.00 percent  
The benchmark interest rate in Zambia was last recorded at 12 percent. Interest Rate in Zambia is reported by the Bank of Zambia.
Zambia Inflation Rate at 7.70 percent  
The inflation rate in Zambia was recorded at 7.70 percent in March of 2014. Inflation Rate in Zambia is reported by the Bank of Zambia.
Zambia Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Zambia stands at 35 percent. Personal Income Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Zambia stands at 35 percent. Corporate Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Sales Tax Rate at 16.00 Percent  
The Sales Tax Rate in Zambia stands at 16 percent. Sales Tax Rate in Zambia is reported by the Zambia Revenue Authority.
Zambia Balance of Trade at 161000.00 Thousands Zambian Kwacha  
Zambia recorded a trade surplus of 161000 Thousands Zambian Kwacha in December of 2013. Balance of Trade in Zambia is reported by the Central Statistical Office, Zambia.
Zambia Current Account at 67.50 USD Million  
Zambia recorded a Current Account surplus of 67.50 USD Million in the fourth quarter of 2012. Current Account in Zambia is reported by the Bank of Zambia.
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