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.
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- Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...
- Tunisia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.
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- Singapore Current Account to GDP Singapore recorded a Current Account surplus of 19.80 percent of the country’s Gross Domestic Product in 2015. Current Account to GDP in Singapore averaged 11.75 percent from 1980 until 2015, reaching an all time high of 26.10 percent in 2007 and a record low of -13.10 percent in 1980. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com 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...
- China Current Account to GDP
China recorded a Current Account surplus of 1.80 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in China averaged 2.24 percent from 1980 until 2016, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985.
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The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording...
- United States Current Account to GDP
The United States recorded a Current Account deficit of 2.60 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in the United States averaged -2.66 percent from 1980 until 2016, reaching an all time high of 0.20 percent in 1981 and a record low of -6 percent in 2006.
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The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a...
- Chile Current Account to GDP
Chile recorded a Current Account deficit of 1.40 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in Chile averaged -2.62 percent from 1980 until 2016, reaching an all time high of 4.60 percent in 2006 and a record low of -14 percent in 1981.
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The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording...
- South Africa Current Account to GDP
South Africa recorded a Current Account deficit of 3.30 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in South Africa averaged -1.58 percent from 1963 until 2016, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971.
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- Malaysia Current Account Malaysia current account surplus rose to 12.2 MYR billion in the fourth quarter of 2016 from 10.6 MYR billion in the same quarter of 2015. It was the highest surplus since the second quarter 2014, mainly supported by a higher goods surplus (31.4 MYR billion from 31.1 MYR billion in the fourth quarter of the prior year). In addition, services account posted a 6 MYR billion deficit, narrowing from a 6.4 MYR billion gap in the same period 2015. The balance of primary income registered a 9 MYR billion deficit, compared to a 9.1 MYR billion gap in the fourth...
- United States Current Account
The US current account deficit decreased to USD 112.4 billion in the last three months of 2016 from an upwardly revised USD 116 billion gap in the previous period and better than market expectations of a USD 128 billion shortfall. It is the smallest gap since the second quarter of 2015, as the surplus widened for the primary income (by USD 19.9 billion to USD 61.5 billion) and the services account (by USD 1.4 billion to USD 63.8 billion). In contrast, the goods deficit widened by USD 17.5 billion to USD 196 billion due to a drop...
- Argentina Current Account
Argentina’s current account deficit narrowed in the fourth quarter of 2016 to USD 4.40 billion, from USD 4.93 billion in the same quarter of last year. Consensus expected a USD 3.90 billion deficit. The 11 percent annual deficit decline was mainly explained by a narrower trade deficit, which was recorded at USD 869 million in the period. On a yearly basis, the current account deficit also narrowed to USD 15.02 billion (from USD 16.81 billion in 2015), mainly explained by a 6.9 percent fall in imports of goods. Current Account in Argentina averaged -605.25 USD Million from...
- Sweden Current Account Swedish current account surplus jumped to SEK 64.3 billion in the fourth quarter of 2016 from SEK 50.8 billion in the previous year. A higher surplus in the trade in services (SEK 29.8 billion from SEK 25.4 billion) and crediting of EU VAT were the primary reasons for the net increase in the current account. In addition, the goods surplus widened to SEK 25.1 billion from SEK 24.6 billion; the secondary income gap narrowed to SEK 13.2 billion from SEK 22 billion and the primary income surplus was barely unchanged at SEK 22.6 billion (22.9 billion a year earlier). Considering...
- Euro Area Current Account Eurozone’s current account surplus widened sharply to EUR 47.0 billion from EUR 41.4 billion in the same month of the previous year. The primary income surplus increased firmly to EUR 18.2 billion from EUR 13.0 billion a year ago and the goods surplus rose to EUR 32.8 billion from EUR 31.4 billion, while the services surplus was nearly unchanged at EUR 6.4 billion. Meanwhile, the secondary income deficit rose to EUR 10.5 billion from EUR 9.3 billion in the same month a year earlier. Considering 2016 full year, the current account surplus widened to EUR 361.8 billion from EUR 316.7...
- Austria Current Account
Austria current account surplus narrowed to EUR 586 million in the fourth quarter of 2016 from EUR 1158 million a year earlier. The goods deficit increased to EUR 1227 million from a EUR 407 million gap in the fourth quarter of 2015 and the secondary income deficit rose to EUR 973 million from 564 million. In contrast, the services surplus increased to EUR 2085 million from EUR 2027 million and the primary income surplus also increased to EUR 700 million from EUR 101 million. Considering 2016, the current account surplus shrank by EUR 485 million to EUR...
- Canada Current Account The balance on the international trade in goods posted a $0.8 billion surplus in the fourth quarter, following an $8.6 billion deficit the previous quarter. Total exports of goods rose $6.3 billion to $136.5 billion in the fourth quarter. Energy products, led by crude petroleum, were the major contributor with exports up $4.7 billion on higher prices and, to a lesser extent, higher volumes. Total imports of goods were down $3.1 billion to $135.8 billion. Industrial machinery, equipment and parts recorded the largest reduction, down $2.7 billion. This followed a high in the third quarter, with activity dominated by the import...
- Italy Balance of Trade Year-on-year, exports rose 5.7 percent to €36.21 billion from €34.26 billion, boosted by higher sales of: Coke and refined petroleum products (21.8 percent); vehicles (21.3 percent); sport goods, games, musical instruments and other products (12.3 percent); substances and chemicals (11 percent); and base metals (9.7 percent). By contrast, exports fell for transport equipment (-17 percent). By main industrial groups, sales rose for: Energy (24.5 percent); intermediate goods (6.5 percent); capital goods (4.8 percent); and consumer goods (4.3 percent). The biggest increases in shipments were reported for China (20.9 percent); MERCOSUR countries (19.9 percent); Poland (19.1 percent); the US (12.1 percent);...
- Brazil Current Account The current account deficit in Brazil widened to USD 5.1 billion in January of 2017 from a USD 4.8 billion gap a year earlier and compared to market expectations of a USD 5.35 billion deficit. The services shortfall increased (USD 2.4 billion from USD 1.38 billion); the deficit for primary income (USD 5.34 billion from USD 4.32 billion) also widened and the secondary income surplus fell (USD 0.17 billion from USD 0.24 billion). In contrast, the goods surplus increased to USD 2.5 billion from a USD 0.65 billion surplus a year earlier. Current Account in Brazil averaged -1683.38 USD Million...
- Israel Current Account
Israel’s current account surplus widened to $3.2 billion in the fourth quarter of 2016 from $2.9 billion a year ago. Trade surplus in services increased to $3.6 billion (from $3.4 billion surplus in Q4 2015) while the trade deficit in goods widened to $2.2 billion (from $1.6 billion gap in Q4 2015). Primary income deficit narrowed to $0.7 billion (from $1.1 billion in Q4 2015). Also, secondary income surplus rose to $2.6 billion ($2.1 billion in Q4 2015). Current Account in Israel averaged 285.90 USD Million from 1975 until 2016, reaching an all time high of 3707...
- Singapore Current Account Singapore posted a current account surplus of 24.7 SGD billion in the September quarter of 2016, compared to a 20.7 SGD billion surplus in the same period of 2015. ...
- Armenia Current Account
Armenia recorded a current account deficit of $184 million in the fourth quarter of 2016, compared to a $93.8 million gap in the same period a year ago. The surplus in primary income narrowed to $132.1 million (from a $186.9 million surplus), mainly due to lower investment income and direct investments. In contrast, secondary income surplus widened to $175.5 million (from $171.8 million). Meanwhile, the deficit in goods and services account declined to $355.6 million (from $364.4 million gap). Current Account in Armenia averaged -128.95 USD Million from 1993 until 2016, reaching an all time high of...
- Latvia Current Account Latvia recorded a current account surplus of €99.4 million in December of 2016 from €34.66 million shortfall in the same period a year ago. The services surplus increased significantly by €53.3 million to € 204.14 million and goods shortfall decreased by €4.1 million to €188.7 million. In addition, the primary income balance shifted to a €59.6 million surplus from a €7.7 million deficit and secondary income surplus increased by €9.3 million to €24.1 million. Current Account in Latvia averaged -82.83 EUR Million from 2000 until 2016, reaching an all time high of 343.50 EUR Million in June of 2009 and...