Macedonia Current Account to GDP  1998-2017 | Data | Chart | Calendar

Macedonia recorded a Current Account deficit of 3.10 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Macedonia averaged -4.40 percent from 1998 until 2016, reaching an all time high of -0.40 percent in 2006 and a record low of -12.50 percent in 2008.

Macedonia Current Account to GDP
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Macedonia Trade Last Previous Highest Lowest Unit
Balance of Trade -175266.00 -152112.00 -54372.00 -310800.00 USD Thousands [+]
Exports 448015.00 476892.00 487559.00 78768.00 USD Thousands [+]
Imports 623281.00 629004.00 725347.00 152532.00 USD Thousands [+]
Current Account -15.00 -52.50 107.80 -243.60 USD Million [+]
Current Account to GDP -3.10 -1.40 -0.40 -12.50 percent [+]
Capital Flows -23.10 -52.90 133.60 -240.20 USD Million [+]
Foreign Direct Investment 24.61 29.72 344.80 -61.71 EUR Million [+]
Gold Reserves 6.88 6.88 6.88 2.76 Tonnes [+]
Terrorism Index 1.86 2.25 4.50 1.38 [+]
External Debt 7253.16 7513.43 7513.43 2080.17 EUR Million [+]
Tourist Arrivals 1888.00 1534.00 1888.00 210.00 Hundreds Person [+]

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



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

Actual Previous Highest Lowest Dates Unit Frequency
-3.10 -1.40 -0.40 -12.50 1998 - 2016 percent Yearly




current account to gdp by 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