|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
Is a Bloated Current Account Surplus the New German Disease?
The Wall Street Journal - 7/29/2014 5:24:49 PM
To translate, Germany ran up a current ... account, economists agree, would ultimately be in Germany’s best interest. The country had net capital exports amounting to more than $300 billion last year. On top of that, Germans have proven not to be the ...
Fiscal Year 2014 current account balance posts $2.9 billion deficit
Business Recorder - 7/21/2014 11:17:54 PM
The State Bank of Pakistan on Monday revealed that the country's CA balance has witnessed an increase of 17 percent during the last fiscal year. The current account posted a deficit of $2.925 billion during FY14 as compared to a deficit of $2.496 billion ...
UPDATE 1-Brazil's current account deficit shrinks, FDI covers gap
Reuters - 7/25/2014 10:55:51 AM
The current account is a country's widest measurement of foreign exchange flows, including trade, services, interest payments and remittances. Foreign direct investment -- which falls into Brazil's balance of payments' capital account -- was $3.924 billion ...
UK current account no existential threat - BoE's Broadbent
7 News Yahoo - 7/29/2014 7:09:12 AM
LONDON (Reuters) - Britain's large current account deficit does not pose "an existential threat" to the country's recovering economy ... aggravating the current account gap, the balance in its more important net asset position and the floating sterling ...
The UK Current Account - speech by Ben Broadbent
forexfactory.com - 7/29/2014 7:02:03 AM
From 1½% of GDP in 2011 the deficit on the current account – the combined balances for trade, asset income and transfers – widened to 4½% of GDP last year. That’s the second-highest annual figure since the Second World War (Chart 1). In particular ...
Does Britain’s Current Account Deficit Matter?
The Wall Street Journal - 7/29/2014 1:07:07 PM
What’s more, worsening current account ... to worry about (Balance of Payments) because U.K. is a giant successful hedge fund,” wrote Stephen King, HSBC’s chief economist Tweeted. Banking on this sort of luck persisting in a world where assets ...
IMF-New External Assessments Reveal a Mixed Picture
Hispanic Business - 7/30/2014 9:52:39 AM
analyzes recent developments and provides updated staff assessments of economies' external positions-including current account balances, real exchange rates, external balance sheets, capital flows and international reserves. Covering 28 of the world's ...
Germany's current-account surplus is partly to blame for eurozone stagnation
theguardian.com - 7/24/2014 1:13:03 PM
While the rest of the world recovers from the great ... Now, however, countries previously stricken with deficits are moving into surplus, which means the eurozone's current account is increasingly positive. Indeed, the eurozone-wide surplus is now ...
Britain's current account 'does not pose existential threat to recovery'
Daily Telegraph - 7/29/2014 7:59:19 AM
Britain's large current account deficit does not pose "an existential threat" to the country's recovering economy ... aggravating the current account gap, the balance in its more important net asset position and the floating sterling currency reduced ...
Improvement in current account deficit
Jamaica Observer - 7/23/2014 7:09:09 AM
DWINDLING oil imports and reduced payouts to foreign-owned companies narrowed Jamaica's current account deficit to its second lowest ... in its quarterly Balance of Payment (BOP) report published this month. The island continues to import at lesser amounts ...
World Bank Lowers Indonesia Growth Forecast, Citing Commodity Weakness
The Jakarta Globe - 7/21/2014 5:17:00 AM
That exacerbates the deficit in the country’s external balance, which has been in red in the last ten quarters. The World Bank projected Indonesia’s current account deficit to reach $25.6 billion, wider than its March forecast of $24.4 billion.
Countries with the largest current account balance
Mongabay - 1/24/2010 11:57:35 PM
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 ...
Exploring The Current Account In The Balance Of Payments
Investopedia - 6/14/2013 12:45:07 PM
The balance of the current account tells us if a country has a deficit or ... A surplus is indicative of an economy that is a net creditor to the rest of the world. It shows how much a country is saving as opposed to investing. What this means is that ...
It’s time competition in the current account market heated up
worldfinance.com - 7/28/2014 10:30:49 AM
Lloyds Bank made its presence known in the revitalised current account market earlier this year by offering an interest rate – on balances between £4,000 ... current account market is dominated by the country’s big five banking groups – Lloyds ...
Germany assures Brussels its current account balance will shrink
Business Recorder - 4/15/2014 5:49:07 PM
BERLIN: Germany reassured Brussels on Tuesday its current account surplus, the world's largest, would shrink in coming ... Under EU rules if such imbalances are considered excessive, a country has to take action or risk a fine. Germany's very high current ...