Spain Current Account to GDP  1980-2017 | Data | Chart | Calendar

Spain recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Spain averaged -2.48 percent from 1980 until 2016, reaching an all time high of 2.20 percent in 2016 and a record low of -9.60 percent in 2007.

Spain Current Account to GDP
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Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1431000.00 -1198829.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 25359000.00 21796212.38 26225818.43 14286.06 EUR Thousand [+]
Imports 26790000.00 22995000.00 27684000.00 37437.07 EUR Thousand [+]
Current Account 448.00 552.00 4482.00 -12368.00 EUR Million [+]
Current Account to GDP 2.20 1.40 2.20 -9.60 percent [+]
Terms of Trade 103.10 101.00 123.70 62.20 Index Points [+]
Foreign Direct Investment 2663.00 2551.00 23250.00 -10292.00 EUR Million [+]
Capital Flows 2926.00 402.00 15580.00 -9850.00 EUR Million [+]
Remittances 3208.00 2624.00 3434.00 732.00 EUR Million [+]
Tourist Arrivals 7943.83 7060.04 10104.27 1397.41 Thousand [+]
Gold Reserves 281.58 281.58 523.47 281.58 Tonnes [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]
External Debt 1910722000.00 1865366000.00 1910722000.00 601897024.00 EUR Thousand [+]
Tourism Revenues 3915.00 3613.00 7102.00 890.00 EUR Million [+]
Weapons Sales 483.00 1151.00 1429.00 2.00 USD Million [+]
Terrorism Index 1.20 2.62 6.52 1.20 [+]

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



Spain Current Account to GDP Notes

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

Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.40 2.20 -9.60 1980 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.50 Dec/15
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