Vietnam Current Account to GDP

Vietnam recorded a Current Account surplus of 4.40 percent of the country’s Gross Domestic Product in 2014. Current Account to GDP in Vietnam averaged -3.07 percent from 1980 until 2014, reaching an all time high of 5.90 percent in 2012 and a record low of -11.90 percent in 2008. Current Account to GDP in Vietnam is reported by the The State Bank of Vietnam. 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 – Vietnam Current Account to GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news.