|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
Canadian Q2 current account balance -11.9B vs -11.5B expected
ForexLive (blog) - 8/28/2014 12:24:23 PM
This is a large factor in tomorrow’s Q2 Canadian GDP report. Prior revised to -12.0B from -12.4B One thing you don’t hear too much about is how Canada has gone from a c/a surplus country to a massive c/a deficit country since the crisis. A separate ...
South Korea July current account surplus inches up
Business Recorder - 8/28/2014 4:46:15 AM
The Bank of Korea expects the current account surplus to amount to $84 billion for the whole of this year, which would be around 6 percent of the country's annual gross domestic product, compared with an $80 billion surplus in 2013. In the financial ...
Periphery Runs Current Account Surplus But Problems Remain
Seeking Alpha - 8/28/2014 11:34:16 AM
It shows the current account balance of the four main European peripheral countries on a 12-month rolling basis over the last several years. Before the crisis, they were all running current account deficits. Now there are all experiencing small surpluses.
UPDATE 2-Peru sees bigger 2014 trade deficit, smaller current account gap
Reuters - 8/29/2014 2:10:34 PM
(Adds context on current account deficit, details of economic forecast ... But Peru logged a $2.43 billion trade gap in the first half of 2014 as the Andean country's traditional mineral exports tumbled on lower prices and weak output.
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 ...
Balance of Payments record US $ 985 m surplus in 2013
Sunday Observer - 8/30/2014 7:31:30 PM
The significant improvement in the current account and substantial inflows to the financial ... of external financial assets and liabilities of a country vis-a-vis the rest of the world at the end of a particular period. Sri Lanka's total foreign assets ...
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 ...
World Economic Outlook
International Monetary Fund - 4/8/2003 11:53:06 PM
The World Economic Outlook presents the IMF staff's analysis ... 1.6 Selected Western Hemisphere Countries: Real GDP, Consumer Prices, and Current Account Balance 1.7 Selected Asian Countries: Real GDP, Consumer Prices, and Current Account Balance 1.8 ...
Who Will Run the World’s Deficits?
PROJECT SYNDICATE - 11/6/2013 11:57:50 PM
SINGAPORE – These days everyone seems to want to run a current-account surplus ... the ability of other major deficit countries, like Brazil and India, to absorb capital flows is reaching its limit. Since the world is a closed system, this raises ...
investinganswers.com - 8/26/2014 7:21:56 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 ...
Definition of 'Current Account'
Economic Times - 8/30/2014 4:22:24 AM
Definition: Current account is one of the two component accounts of the balance of payments of a nation. It records the trade of goods and services of an economy with other countries of the world. Description: Current account includes three components ...
Rediff.com » Business » India, world's 7th most economically confident country
Rediff India Abroad - 12/7/2013 4:01:26 AM
Buoyed by healthy farm output and narrowing current account deficit, India is the seventh most economically confident country in the world, a study by global research firm Ipsos has said. Saudi Arabia is the most economically confident country, followed by ...
World to have more cell phone accounts than people by 2014
Silicon India - 1/1/2013 11:59:13 PM
The pervasiveness of cell phones has become a reality for the whole world. By 2014 the world will have more cell phone accounts than people on Earth at the current growth ... with a global population of 7 billion. Over 100 countries have the number of ...
New Zealand's deficit in adjusted current account balance continues to fall in 1st quarter of 2014
China - 6/18/2014 2:14:14 AM
New Zealand's deficit in seasonally adjusted current account balance continues to fall, registering the smallest deficit of 0.6 billion New Zealand dollars (about 0.52 billion U.S. dollars) since 2010, the country' s statistics body said here Wednesday.
Why This Country Is Giving Every Household A Bank Account
Think Progress - 8/29/2014 9:09:55 AM
According to the World Bank, just 35 percent of the nearly 1.3 billion people in India have access to a bank account, compared to an average of 50 percent across the globe. While the share is smaller in the U.S., for such a wealthy country it is still ...