The ratio is expected to be 44.6% and 39.3% for Kuwait, followed by Saudi Arabia, Algeria, UAE, Singapore etc. Most countries will get current account deficit.
Last year GDP-current account balance ratio was 32.4% in Azerbaijan.
The predictions for the CIS countries are as below.
| 2006 | 2007 | 2008 | 2009 |
Azerbaijan | 17.7 | 28.9 | 38.3 | 38.6 |
Russia | 9.5 | 5.9 | 6.5 | 3.4 |
Ukraine | -1.5 | -3.7 | -7.2 | -9.2 |
Kazakhstan | -2.4 | -6.9 | 4.3 | 3.3 |
Belarus | -3.9 | -6.8 | -5.9 | -8.0 |
Turkmenistan | 15.7 | 15.4 | 26.5 | 33.0 |
Armenia | -1.8 | -6.4 | -9.7 | -10.8 |
Georgia | -15.9 | -20.0 | -20.8 | -18.7 |
Kyrgyzstan | -3.1 | -0.2 | -4.2 | -5.4 |
Moldova | -11.8 | -17.0 | -19.9 | -19.1 |
Tajikistan | -2.8 | -11.2 | -8.5 | -8.1 |
Uzbekistan | 17.2 | 19.1 | 16.8 | 12.8 |
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
