|Rank||Country||Current Account Balance (US$)|
|13||United Arab Emirates||52,670,001,152|
|51||Congo, Republic of the||638,200,000|
|52||Trinidad and Tobago||414,100,000|
|54||British Virgin Islands||362,600,000|
|65||Micronesia, Federated States of||-34,300,000|
|71||Sao Tome and Principe||-59,000,000|
|78||Saint Kitts and Nevis||-133,100,000|
|79||Central African Republic||-133,800,000|
|82||Antigua and Barbuda||-164,800,000|
|85||Saint Vincent and the Grenadines||-207,700,000|
|118||Bosnia and Herzegovina||-939,500,032|
|148||Papua New Guinea||-2,396,000,000|
|151||Congo, Democratic Republic of the||-2,544,000,000|
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, 2014See also: Current Account Balance map
July-August: Current account deficit increases to $1.32b
The Express Tribune - 9/21/2016 8:30:32 PM
With the difference of exports and imports being the biggest determinant of the current account balance, a deficit/surplus reflects whether a country is a net borrower/lender with respect to the rest of the world. The 92% increase means the deficit ...
Qatar budget back to ‘near balance’ by 2018
gulfbase.com - 9/22/2016 2:42:46 AM
The operating environment Egypt's current account deficit rises to $18.7bn ... is working on projects worth $200 billion as the country races to boost its infrastructure ahead of the Qatar 2022 Fifa World Cup, said a report.
Current account deficit increases by 92 percent
Business Recorder - 9/21/2016 11:29:29 PM
The country's current account deficit sharply increased by 92 percent during ... The State Bank of Pakistan (SBP) on Wednesday revealed that the country's current balance has posted a deficit of $1.316 billion in July-August of FY17 compared to $686 ...
Current account deficit likely to be at 0.4% in FY17: Nomura
Money Control - 9/23/2016 8:18:01 AM
The country's current account deficit is likely to be at 0.4 per cent of GDP this fiscal and balance of payment will continue to remain surplus despite FCNR (B) redemptions, according to a report.
Exploring The Current Account In The Balance Of Payments
Investopedia - 10/18/2014 7:59:17 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 ...
Contractor blacklisted by World Bank still gets millions in work
Washington Post - 9/23/2016 9:36:45 AM
The $1.5 million job, financed by the World Bank, aimed to help a country still grappling with Soviet legacies ... five searches on “Maurence Anguh” or “Glocoms” include an account of the World Bank sanctions). International debarments also aren ...
World Bank to tap capital markets to boost loans to poorest countries
Reuters - 9/22/2016 7:46:24 PM
The World Bank said on Thursday that its International Development Association unit, funded entirely by donor countries since its founding in 1960, now would be able to leverage its balance sheet ... of money raised in its current funding round this ...
July-Aug current account deficit nearly doubles
Dawn - 9/22/2016 1:45:30 AM
The current account is the broadest measure of trade, covering not only the flow of goods and services but also investment flows. A deficit reflects Pakistan’s trade gap with the rest of the world and the shortfall between money paid out by the country ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 9/19/2016 2:27:50 PM
Current account ... trade balance). 2. Export and Import of Services (Invisible Trade): It includes a large variety of non- factor services (known as invisible items) sold and purchased by the residents of a country, to and from the rest of the world.
Balance of Payment, Current Account, Capital Account
termpaperwarehouse.com - 8/30/2016 7:13:25 AM
Balance of payments: The balance of payments of a country is the record ... net income from abroad and net current transfers. A positive current account balance indicates that the nation is a net lender to the rest of the world, while a negative current ...
Sustainability of current account balance in ASEAN countries: Evidence from a panel error correction model
econpapers.repec.org - 9/7/2015 11:57:49 PM
The paper also estimates current account sustainability parameter by PDOLS. Annual data from 1970 to 2013 for Indonesia, Malaysia, the Philippines, and Thailand are sourced from World ... country study. This finding supports that the current account ...
balance of payments
encyclopedia.com - 9/19/2016 11:53:20 PM
World Encyclopedia Further reading The balance of payments consists of the current account ... is included in the statistical presentation. If the current account is in equilibrium, the country will find its net creditor or debtor position unchanging ...
Contribution to the book of diplomacy: The world is bigger than 5
yenisafak.com - 9/24/2016 7:33:53 AM
This audience is largely related to the world's current agenda or balance. Also, as almost every country has its very own small- or ... for the problems caused by money policies – and want an account from the politician – not the CB president.