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OECD’s Gurría welcomes Italian government measures to strengthen public finances

OECD Secretary-General Angel Gurría has welcomed the measures adopted by the Italian government to address fiscal sustainability while boosting growth and equity.




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Economy: OECD’s Gurría urges Italy to maintain reform momentum

Italy has made a major effort to speed up long-overdue economic reforms but it is now essential to maintain the momentum, OECD Secretary-General Angel Gurría said today in Rome.




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OECD’s Gurría welcomes budget proposal and economic reforms announced by the Spanish Government

OECD Secretary-General Angel Gurría welcomes the Spanish government's budget and the economic policy measures announced yesterday.




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Mr Gurria strongly supports recently announced plans to revitalise the French economy

OECD Secretary-General Angel Gurría strongly supports President François Hollande’s recently announced measures to revitalise the French economy and set it on a path towards stronger growth.




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Angel Gurría congratulates new Indonesian President for cutting fuel subsidies

Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.




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OECD’s Gurría commends Greece’s reforms at meeting with Minister Skrekas

Meeting Greece’s Minister of Development and Competitiveness Mr. Kostas Skrekas today, OECD Secretary General Angel Gurría said the Greek government’s reform programme was already showing positive results.




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Mr. Angel Gurría, Secretary-General of the OECD, in Mexico from 6 to 9 January 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Mexico from 6 to 9 January 2015 on an official visit, to present the OECD 2015 Economic Survey of Mexico alongside Mr. Luis Videgaray, Minister of Finance of Mexico.




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Mr. Angel Gurría, OECD Secretary-General, on Official visit in Estonia, 28 January 2015

The Secretary-General of the OECD was in Tallinn on 28 January to launch the Economic Survey of Estonia 2015.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brussels on 4th February 2015

Mr Gurría presented the 2015 OECD Economic Survey of Belgium alongside Mr. Charles Michel, Prime Minister of Belgium.




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Mr. Angel Gurría, Secretary-General of the OECD, in Istanbul, 9-10 February 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Istanbul on 9-10 February 2015 to attend the G20 Finance Ministers and Central Bank Governors meeting.




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Mr. Angel Gurría, Secretary-General of the OECD, in Athens on 10-11 February 2015

Mr. Angel Gurría, Secretary-General of the OECD, was in Athens on 10-11 February 2015 on an official visit to Greece.




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Mr. Angel Gurría, Secretary-General of the OECD, in London on 23-24 February 2015

Mr. Angel Gurría, OECD Secretary-General, was in London on 23-24 February to present the 2015 OECD Economic Survey of the United Kingdom, alongside Mr. George Osborne, Chancellor of the Exchequer.




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Spurring growth in lagging regions in the Slovak Republic

Regional inequality in Slovakia is among the highest in the OECD and is increasing. The main reason for regional disparity is the combination of low economic growth and job creation in the eastern and central part of the country and insufficient labour mobility to the west, in particular by low-skilled workers.




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OECD Secretary-General Angel Gurría presents new OECD studies with economic and social recommendations to Peruvian President Pedro Pablo Kuczynski

Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth.




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OECD’s Gurría reaffirms need for global cooperation amid progress at G20 Summit

International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.




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Mr. Angel Gurría, Secretary-General of the OECD in Brazil on 27-28 February 2018

In Brasilia, he will present the 2018 OECD Economic Survey of Brazil, alongside Mr. Ilan Goldfajn, Central Bank Governor, Mr. Henrique Meirelles, Minister of Finance, and Mr. Dyogo Oliveira, Minister of Planning of Brazil.




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Poland: Build on current economic strength to innovate and invest in skills and infrastructure

Poland’s economic growth remains strong. Rising family benefits and a booming jobs market are lifting household income while poverty rates and inequality are falling, says a new OECD report.




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Mr. Angel Gurría, Secretary-General of the OECD, in Athens on Monday 30 April 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Athens on Monday 30 April 2018 to present the 2018 OECD Economic Survey of Greece, alongside Mr. Alexis Tsipras, Prime Minister of Greece.




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Mr. Angel Gurría, Secretary-General of the OECD, in Washington on 6-7 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Washington on 6-7 June 2018 to present the 2018 OECD Economic Survey of the United States.While in Washington, the Secretary-General will hold bilateral meetings with several US high level officials.




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Mr. Angel Gurría, Secretary-General of the OECD, in Berlin on 11-12 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Berlin on 11-12 June 2018 to attend a meeting with Chancellor Merkel and Heads of International Organisations. While in Berlin, the Secretary-General will also present the 2018 OECD Economic Survey of Germany.




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Mr. Angel Gurría, Secretary-General of the OECD, in Madrid 13-15 June 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Madrid 13-15 June 2018. The Secretary-General delivered remarks at the event organised by the Consejo Iberoamericano para la Competitividad y Productividad: "Innovación gubernamental para un Estado al servicio de la Sociedad".




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Could current inflation targeting frameworks be improved?

As discussed in the latest OECD Economic Outlook, the prolonged undershooting of inflation targets, despite massive monetary policy stimulus and stronger economic growth and lower unemployment, raises issues about the appropriateness of current inflation targeting frameworks in advanced economies. While the frameworks differ in detail and implementation, they are principally based on medium-term inflation objectives of 2%.




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Mr. Angel Gurría, Secretary-General of the OECD, in The Hague on 2 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in The Hague on 2 July 2018 to present the 2018 OECD Economic Survey of The Netherlands. While in The Hague, the Secretary-General will hold bilateral meetings with several Ministers and high-level officials of The Netherlands.




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Mr. Angel Gurría, Secretary-General of the OECD, in Prague on 16 July 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Prague on 16 July 2018 on an official visit. He will present the 2018 OECD Economic Survey and the Environmental Performance Review of the Czech Republic.




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A sustainable European currency needs a common fiscal stabilisation instrument

The euro area sovereign debt crisis has exposed important flaws in the design of the Economic and Monetary Union, especially when it comes to dealing with macroeconomic shocks.




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Mr. Angel Gurría, Secretary-General of the OECD, in Vienna on 7-8 September 2018

Mr. Angel Gurría, Secretary-General of the OECD, was in Vienna on 7-8 September 2018 to attend the Eurogroup Meeting / Informal Meeting of Economic and Financial Affairs Ministers (ECOFIN).




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OECD Secretary-General Angel Gurría welcomes Brazil’s commitment to improving education and playing greater role in PISA Programme

OECD Secretary-General Angel Gurría today welcomed Brazil’s further engagement with the Organisation’s world-leading global education assessment programme (PISA) during a signing ceremony in Brasilia with Brazil’s Minister for Education Aloízio Mercadante.




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OECD and FAO expect stronger agricultural production, lower prices over coming decade - Rising incomes in developing world spurring demand for food, dietary changes

Strong crop yields, higher productivity and slower growth in global demand should contribute to a gradual decline in real prices for agricultural products over the coming decade, but nonetheless, prices will likely remain at levels above those in the early-2000s, according to the latest Agricultural Outlook report produced by the OECD and FAO.




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Mr. Angel Gurría, Secretary-General of the OECD in Brazil on 27-28 February 2018

In Brasilia, he will present the 2018 OECD Economic Survey of Brazil, alongside Mr. Ilan Goldfajn, Central Bank Governor, Mr. Henrique Meirelles, Minister of Finance, and Mr. Dyogo Oliveira, Minister of Planning of Brazil.




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Mr. Angel Gurría, Secretary-General of the OECD, in Brasilia on 21st March 2018

Mr. Angel Gurría, Secretary-General of the OECD, will be in Brasilia on 21st March 2018 to attend the World Water Forum.




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Mexico must improve water governance, financing and regulation, says OECD Secretary General Angel Gurría

Mexico’s river basins are under severe water stress. The quality of rivers, lakes and aquifers is declining and floods, droughts, and hurricanes are more frequent. These are some of the alerts signaled in OECD’s Making Water Reform Happen in Mexico.




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OECD’s Gurría welcomes passage of Latvian law on governance of state-owned enterprises

OECD Secretary-General Angel Gurría today welcomed the passage into law of Latvia's “Public Persons Enterprises and Capital Shares Governance Law”.




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Algeria Current Account

Algeria recorded a Current Account deficit of 5.41 USD Billion in the first quarter of 2019. Current Account in Algeria averaged 1.58 USD Billion from 1992 until 2019, reaching an all time high of 28.95 USD Billion in the fourth quarter of 2006 and a record low of -8.33 USD Billion in the first quarter of 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Algeria Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gabon Current Account to GDP

Gabon recorded a Current Account deficit of 1.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Gabon averaged 6.92 percent from 1978 until 2018, reaching an all time high of 27.30 percent in 1980 and a record low of -19.40 percent in 1986. 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 - Gabon Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Gabon Current Account

Gabon recorded a Current Account deficit of 377.70 CFA Billion in 2018. Current Account in Gabon averaged 532.08 CFA Billion from 1998 until 2018, reaching an all time high of 1714.92 CFA Billion in 2008 and a record low of -381.10 CFA Billion in 2017. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Gabon Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives Current Account to GDP

Maldives recorded a Current Account deficit of 25 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Maldives averaged -14.17 percent from 1997 until 2018, reaching an all time high of -3.20 percent in 2014 and a record low of -36.40 percent in 2005. 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 - Maldives Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Maldives Current Account

Maldives recorded a Current Account deficit of 1338.10 USD Million in 2018. Current Account in Maldives averaged -309.44 USD Million from 1997 until 2018, reaching an all time high of -21.90 USD Million in 1998 and a record low of -1338.10 USD Million in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Maldives Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Afghanistan Current Account to GDP

Afghanistan recorded a Current Account deficit of 28 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Afghanistan averaged -46.39 percent from 2003 until 2017, reaching an all time high of -20 percent in 2016 and a record low of -75.20 percent in 2006. 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 - Afghanistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Afghanistan Current Account

Afghanistan recorded a Current Account deficit of 996 USD Million in the third quarter of 2019. Current Account in Afghanistan averaged -2491.33 USD Million from 2003 until 2019, reaching an all time high of -607.82 USD Million in the second quarter of 2016 and a record low of -7558 USD Million in the fourth quarter of 2011. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Afghanistan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Argentina Current Account to GDP

Argentina recorded a Current Account deficit of 5.40 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Argentina averaged -1.05 percent from 1980 until 2018, reaching an all time high of 8 percent in 2002 and a record low of -5.40 percent in 2018. 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 - Argentina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Madagascar Current Account to GDP

Madagascar recorded a Current Account deficit of 2 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Madagascar averaged -6.96 percent from 1974 until 2018, reaching an all time high of 0.60 percent in 2016 and a record low of -21.10 percent in 2009. 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 - Madagascar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Madagascar Current Account

Madagascar recorded a Current Account deficit of 42.50 DTS Million in the third quarter of 2019. Current Account in Madagascar averaged -163.42 DTS Million from 1974 until 2019, reaching an all time high of 169.10 DTS Million in the fourth quarter of 2016 and a record low of -572.90 DTS Million in the fourth quarter of 2007. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Madagascar Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia Current Account to GDP

Namibia recorded a Current Account deficit of 2.10 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Namibia averaged 0.66 percent from 1990 until 2018, reaching an all time high of 13.80 percent in 2006 and a record low of -15.50 percent in 2016. 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 - Namibia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Qatar Current Account to GDP

Qatar recorded a Current Account surplus of 8.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Qatar averaged 22.28 percent from 1980 until 2018, reaching an all time high of 106.80 percent in 1980 and a record low of -31 percent in 1995. 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 - Qatar Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Macedonia Current Account to GDP

Macedonia recorded a Current Account deficit of 0.30 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Macedonia averaged -4.07 percent from 1998 until 2018, reaching an all time high of -0.30 percent in 2018 and a record low of -12.70 percent in 2008. 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 - Macedonia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Macedonia Current Account

Macedonia recorded a Current Account deficit of 188.10 USD Million in December of 2019. Current Account in Macedonia averaged -26.44 USD Million from 1998 until 2019, reaching an all time high of 107.80 USD Million in September of 2009 and a record low of -243.60 USD Million in November of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Macedonia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Botswana Current Account to GDP

Botswana recorded a Current Account surplus of 9.70 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Botswana averaged 5.77 percent from 1980 until 2018, reaching an all time high of 32 percent in 1987 and a record low of -28.30 percent in 1981. 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 - Botswana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Botswana Current Account

Botswana recorded a Current Account deficit of 5521.72 BWP Million in the third quarter of 2019. Current Account in Botswana averaged 1212.57 BWP Million from 2004 until 2019, reaching an all time high of 15079.57 BWP Million in the first quarter of 2016 and a record low of -12190.41 BWP Million in the fourth quarter of 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Botswana Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Ghana Current Account

Ghana recorded a Current Account deficit of 1711.60 USD Million in the fourth quarter of 2019. Current Account in Ghana averaged -624.81 USD Million from 2003 until 2019, reaching an all time high of 327.96 USD Million in the first quarter of 2017 and a record low of -2184.01 USD Million in the third quarter of 2013. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Ghana Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Cameroon Current Account

Cameroon recorded a Current Account deficit of 730 FCFA Billion in 2018. Current Account in Cameroon averaged -435.97 FCFA Billion from 2001 until 2018, reaching an all time high of -117.60 FCFA Billion in 2007 and a record low of -730 FCFA Billion in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Cameroon Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.