Western Hemisphere (Latin America and the Caribbean) Current Account Balance (% GDP) Statistics

18, Feb 2019, EST.

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Country or Region: Western Hemisphere (Latin America and the Caribbean) › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Western Hemisphere indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) Statistics for Western Hemisphere (Latin America and the Caribbean), Year 2015 - In Detail

Current Account Balance (% GDP) for Western Hemisphere in year 2015 is -3.585 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Western Hemisphere n/a in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Western Hemisphere is 0.54 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Western Hemisphere was -3.12 % Current Account Balance (% GDP) for Western Hemisphere in 2015 was or will be 14.83% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Western Hemisphere was or will be -2.83 %, which is 21.09% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Western Hemisphere, in other Years
Year %
  2021 -1.794
  2020 -1.962
  2019 -2.169
  2018 -2.325
  2017 -2.419
  2016 -2.829
2015 -3.585
  2014 -3.122
  2013 -2.625
  2012 -2.306
  2011 -1.92
  2010 -1.897
  2009 -0.752
  2008 -0.956
  2007 0.073
  2006 1.432
  2005 1.161
  2004 0.91
  2003 0.399
  2002 -0.892
  2001 -2.515
  2000 -2.217
  1999 -2.752
  1998 -4
  1997 -2.964
  1996 -1.894
  1995 -2.011
  1994 -2.897
  1993 -2.886
  1992 -2.437
  1991 -1.307
  1990 -0.085
  1989 -0.462
  1988 -1.025
  1987 -1.137
  1986 -2.145
  1985 -0.27
  1984 -0.193
  1983 -1.078
  1982 -5.438
  1981 -4.603
  1980 -3.146