|Rank||Country||Current Account Balance (US$)|
|18||United Arab Emirates||26,320,000,000|
|32||Trinidad and Tobago||5,058,000,000|
|42||Congo, Republic of the||1,849,000,000|
|48||British Virgin Islands||362,600,000|
|68||Sao Tome and Principe||-77,500,000|
|74||Saint Kitts and Nevis||-133,800,000|
|84||Saint Vincent and the Grenadines||-221,600,000|
|87||Central African Republic||-234,400,000|
|90||Antigua and Barbuda||-268,300,000|
|98||Congo, Democratic Republic of the||-419,000,000|
|132||Bosnia and Herzegovina||-1,583,000,000|
|163||Papua New Guinea||-4,818,000,000|
Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Current Account Balance map
Indonesia 1Q Current Account Deficit Narrows; Balance of Payment in Deficit
4-traders - 5/15/2013 10:43:13 AM
JAKARTA--Indonesia's first-quarter current account deficit narrowed to $5.27 billion from a deficit of $7.65 billion in the previous quarter, but a deteriorating capital and financial account meant it ran a balance of payment deficit, the country's central ...
Nigeria: Crashing Oil Prices Might Wipe Out Nigeria's Excess Crude Account Balances, IMF Warns
AllAfrica - 5/10/2013 6:09:58 AM
adding that though government has rebuilt the country's fiscal buffers, these are still well below the level of the 2008 crisis, with capital inflows and outflows broadly in the balance, and current account surpluses to rebuild international reserves.
Rapid Current-Account Rebalancing in the Southern Eurozone
Wall Street Pit - 5/7/2013 7:06:37 PM
2 Current-account balances in the southern Eurozone are rapidly improving ... However, it is noteworthy that also in emerging markets, CA imbalances are not always sharply reduced after a currency crisis (see Milesi-Ferreti and Razin 1998 and 2000).
Bank Indonesia : Current Account Improves in Q1/2013
4-traders - 5/15/2013 9:03:00 AM
Indonesia's external balance improved in Q1/2013 as expected. This was reflected in the reduced current account deficit at US$5.3 billion (2.4% of GDP), compared to the previous quarter's deficit of US$7.6 billion (3.5% of GDP). The improvement is ...
Nigeria: Oil Price Fall May Wipe Out Excess Crude Account in One Year - IMF
AllAfrica - 5/10/2013 8:18:49 AM
While commending the government for rebuilding the country's fiscal buffers, these buffers he lamented "are still well below levels at the time of the 2008 crisis. But with capital inflows and outflows broadly in balance, the current account surpluses ...
Current Account: Wall Street’s Giants Try ‘Flowmonster’ Formula
Wall Street Journal - 5/20/2013 7:12:41 PM
The German bank has handled the back-office work for Apple’s online store in recent years, according to people familiar with the situation. By the glitzy standards of deal making, moving money around the world for iTunes is mundane.
Japan March current account surplus down 4.3 percent year on year
Chicago Tribune - 5/10/2013 4:01:07 AM
TOKYO (Reuters) - Japan's current account surplus fell a smaller-than-expected 4.3 percent in March from a year earlier, Ministry of Finance data showed on Friday, as a gradual recovery in exports helps improve the country's balance of payments.
Current Account: A Misused Compass Points Awry
Wall Street Journal - 5/13/2013 6:16:34 PM
Ever since 2001, when he came up with the idea of Brics as he was trying to make sense of the attacks on the Twin ... been looking at “frontier markets” such as Nigeria, Sri Lanka and Kuwait. And even Antoine van Agtmael, the father of ...
Q&A: Post Office current accounts
The Guardian - 5/17/2013 11:55:25 PM
The Post Office is muscling in on the high street banks' territory ... though there are loads of building society products. Several credit unions offer savings accounts paying not-bad returns: North London Credit Union, open to those who live ...
Why current account deficit continues to be a worry
Firstpost - 5/7/2013 9:33:58 AM
The finance minister on a recent visit to the United States said, “If exports rise sharply, if the oil prices soften more quickly, the current account deficit could be contained at 2.5 percent even by next year.” This is being a tad too optimistic ...
South Korea March Current Account Surplus Rises
NASDAQ - 4/29/2013 12:17:57 AM
The current-account balance remained in the black for the 14th consecutive month, reinforcing market views that the country's fundamentals remain relatively sound despite a global slowdown. But analysts said Asia's fourth-largest economy is increasingly ...
investinganswers.com - 5/13/2013 6:16:34 PM
The country's balance of trade is part of its balance of payments, which is actually composed of three subaccounts in the United States: the current account, the capital account, and the financial account, each of which have their own types of inflows and ...
Current account deficit likely to improve to 3.9% of GDP in FY'14: Report
articles.economictimes.indiatimes.com - 4/30/2013 6:24:49 PM
"India's current account balance has weakened significantly since FY2010-11, but we expect an improvement over the next two-three years, albeit at a gradual pace," Barclays said in a research note. CAD of a country represents the difference ...
Developing World to Dominate Global Investment by 2030
ipsnews.net - 5/17/2013 12:39:33 AM
According to new scenarios released Thursday by the World Bank, developing countries could control some 158 trillion dollars (at 2010 rates) by 2030, particularly in East Asia and Latin America. By that time, the developing world could account for 87 to 93 ...
RBI acts as gold continues to pump up current account deficit
domain-b.com - 5/13/2013 12:47:17 PM
Imports of gold and silver into the country have shot up 138 per cent year-on-year ... increasing pressure on the current account balance and limiting the space for monetary easing by the RBI. State-run banks and the India Post also joined the push the ...