Dominican Republic Current Account to GDP  1993-2017 | Data | Chart

Dominican Republic recorded a Current Account deficit of 1.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Dominican Republic averaged -2.90 percent from 1993 until 2016, reaching an all time high of 5 percent in 2003 and a record low of -9.40 percent in 2008.

Dominican Republic Current Account to GDP
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Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -562.90 -560.30 -80.60 -1028.20 USD Million [+]
Exports 889.60 951.00 968.10 282.80 USD Million [+]
Imports 1452.50 1511.30 1687.60 445.10 USD Million [+]
Current Account -81.10 408.00 587.00 -1561.10 USD Million [+]
Current Account to GDP -1.40 -1.90 5.00 -9.40 percent [+]
Remittances 5261.50 4960.70 5261.50 720.60 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]
Terrorism Index 0.89 1.56 2.58 0.00 [+]
Tourist Arrivals 395666.00 311362.00 637663.00 16835.00 [+]
Foreign Direct Investment 698.50 695.80 1612.00 123.50 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Dominican Republic Current Account to GDP

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 - Dominican Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 -1.90 5.00 -9.40 1993 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16