Spain current account to gdp

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Spain current account to gdp: 2.7 (575%)
Last Update: December 31, 2023

Spain current account to gdp closed down 2.7 as of December 31, 2023 from 0.4 from the previous month and -3.2 from last year.


Spain current account to gdp Analytics & Data




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Spain current account to gdp

Date Values
2023-12-31 2.7
2022-12-31 0.4
2021-12-31 0.8
2020-12-31 0.8
2019-12-31 2
2018-12-31 1.9
2017-12-31 2.7
2016-12-31 3.2
2015-12-31 2
2014-12-31 1.1
2013-12-31 1.5
2012-12-31 -0.2
2011-12-31 -3.2
2010-12-31 -3.9
2009-12-31 -4.3
2008-12-31 -9.3
2007-12-31 -9.6
2006-12-31 -9
2005-12-31 -7.5
2004-12-31 -5.6
2003-12-31 -3.9
2002-12-31 -3.7
2001-12-31 -4.4
2000-12-31 -4.4

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Spain current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp es.currentaccountgdp 2.7 0.4 575 -184 UP UP 0 2023-12-31

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Spain current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Spain current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Spain current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Spain current account to gdp

The current account to GDP ratio in Spain is a measure of the country's trade balance in relation to its overall economic output. A positive current account signifies that a country is exporting more goods and services than it is importing, leading to a surplus in its balance of payments. Conversely, a negative current account indicates that a country is importing more than it is exporting, resulting in a deficit. The current account to GDP ratio is an important indicator of a country's economic health and its ability to sustain its level of imports and exports over time. In Spain, a positive current account to GDP ratio would indicate a strong trade position and potential for economic growth, while a negative ratio may suggest a reliance on foreign borrowing to finance imports.

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