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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...
direct access. australia gdp annual growth rate australia's economy is dominated by the service sector ( percent of total gdp). yet its economic success in recent years has been based on the mining ( percent of gdp) and agriculture ( percent of gdp) as the country is a major exporter of commodities. other...
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...