What is the ratio of the current account balance in 2010 to the current account balance in 2005?

Solution

Current account balance = Current account balance percentage of GDP*GDP

Current account balance in 2010 = 3.268% of 73555.34 = 2403.7885
Current account balance in 2005 = 1.272% of 35662.2 = 453.623

Ratio = 2403.7885/453.623 = 5.3 (approximately).
Therefore, option E is the right answer.

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What is the ratio of the current account balance in 2010 to the current account balance in 2005?

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