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Grenada - Current account balance as a share of GDP

-6.8 (%) in 2017

Current account balance as a share of GDP of Grenada soared by 113.06% from -3.2 % in 2016 to -6.8 % in 2017. Since the 13.39% drop in 2015, current account balance as a share of GDP rocketed by 78.19% in 2017.

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What is current account balance as a share of GDP?

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.

What is Grenada current account balance as a share of GDP?

Date Value Change, %
2017 -6.8 113.06%
2016 -3.2 -16.37%
2015 -3.8 -13.39%
2014 -4.4

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