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The proportion of nominal GDP that contributes to the current account deficit has been relatively constant since the middle of the 1980s. A current account
The proportion of nominal GDP that contributes to the current account deficit has been relatively constant since the middle of the 1980s. A current account deficit of 3.0 percent was recorded in the year 1985, while a current account deficit of 3.1 percent was recorded in the year 1995. In 2005, the current account deficit was equivalent to 4.6 percent of the GDP when measured in nominal terms. In 2006, the current account deficit reached a level equivalent to 6.3 percent of GDP in nominal terms. In 2016, the country's deficit accounted for 3.4 percent of the nominal gross domestic product (GDP). The growth of nominal GDP has been quite stable, which has resulted in current account deficits that have remained relatively stable. The growth rate of the nominal gross domestic product (GDP) was 3.7% in the year 1985 and 3.88% in the year 1995. In 2005, there was a growth of 3.3 percent in terms of the nominal GDP. The nominal growth rate of gross domestic product in 2006 reached a high of 4.3 percent. In 2016, there was a 3.2 percent growth in nominal GDP
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