Zimbabwe Current Account to GDP

Zimbabwe recorded a Current Account deficit of 18.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Zimbabwe averaged -7.30 Percent from 1977 until 2013, reaching an all time high of 1.60 Percent in 1988 and a record low of -29.30 Percent in 2011. Current Account to GDP in Zimbabwe is reported by the Reserve Bank of zimbabwe.


Zimbabwe Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-18.50 -20.10 1.60 -29.30 1977 - 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 - Zimbabwe Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -339.20 -280.14 293.00 -5037.26 USD Million [+]
Exports 156.33 192.03 3557.03 156.33 USD Million [+]
Imports 495.53 472.17 8594.29 470.58 USD Million [+]
Current Account -2407.10 -3127.22 698.00 -3127.22 USD Million [+]
Current Account to GDP -18.50 -20.10 1.60 -29.30 Percent [+]

Overview    |     Worldbank    |     Calendar    |     Countries    |     Indicators    |     News