United Kingdom Current Account to GDP  1948-2017 | Data | Chart | Calendar

The United Kingdom recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in the United Kingdom averaged -0.95 percent from 1948 until 2016, reaching an all time high of 2.60 percent in 1950 and a record low of -4.70 percent in 2014.

United Kingdom Current Account to GDP
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United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -4900.00 -2650.00 2946.00 -6058.00 GBP Million [+]
Exports 49022.00 48391.00 49817.00 962.00 GBP Million [+]
Imports 53922.00 51041.00 53922.00 1031.00 GBP Million [+]
Current Account -12088.00 -25701.00 2657.00 -26298.00 GBP Million [+]
Current Account to GDP -4.40 -4.30 2.60 -4.70 percent [+]
External Debt 6085392.00 6176450.00 6428718.00 565439.00 GBP Million [+]
Terms of Trade 100.70 101.10 107.60 80.10 Index Points [+]
Capital Flows 51392.00 26731.00 51392.00 -10498.00 GBP Million [+]
Foreign Direct Investment 110946.00 45227.00 110946.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 969.00 957.00 2821.00 1.00 BBL/D/1K [+]
Weapons Sales 1214.00 1644.00 6069.00 744.00 USD Million [+]
Terrorism Index 5.08 5.61 5.68 4.19 [+]
Tourism Revenues 1510.00 1170.00 2669.00 126.00 GBP Million [+]
Tourist Arrivals 2920.00 2300.00 3800.00 540.00 Thousand [+]

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



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

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -4.30 2.60 -4.70 1948 - 2016 percent Yearly



current account to gdp by Country

Last
Switzerland 11.00 Dec/15
Netherlands 9.10 Dec/15
Germany 8.80 Dec/15
South Korea 7.00 Dec/16
Euro Area 3.70 Dec/15
Japan 3.70 Dec/16
Italy 2.20 Dec/15
China 1.80 Dec/16
Russia 1.80 Dec/16
Spain 1.50 Dec/15
India -0.90 Dec/16
Brazil -1.30 Dec/16
France -1.40 Dec/15
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/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16