Bolivia Current Account To GDPBolivia Current Account To GDPBolivia Current Account To GDP

Bolivia Current Account To GDP

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Key data points

Last release
Observation period
2023
Next release
Forecast
Highest
12.10% on Dec 31, 2008
Lowest
−9.30% on Dec 31, 1987

About Bolivia Current Account To GDP

Category
Trade
Frequency
Annual
Units
%
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.