|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
Current account surplus climbs 15% to $3 B in Q3
Philstar - 12/21/2014 11:55:22 AM
MANILA, Philippines - The country’s current account surplus climbed 15 percent in the third ... “The narrowing of the trade-in-goods balance during the quarter reflected improving external demand as overall global growth dynamics are seen to remain ...
Brazil current account deficit climbs to highest in 13 years
Business Recorder - 12/19/2014 2:35:13 PM
BRASILIA: Brazil's trailing 12-month current account deficit climbed to its highest in more than a decade in November, highlighting the erosion in the country's external accounts as dwindling commodity prices hurt its trade balance. In the 12 months ...
Yahoo Finance - 12/19/2014 7:47:12 AM
Payments into the country are called credits, payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account Either a surplus or a deficit can be shown in any ...
World Bank Urges Mongolia to Boost Resilience of Slowing Economy
The World Bank - 12/19/2014 4:12:27 AM
The current account deficit, which reached close to 30 percent of GDP in 2011-13, is expected to drop to around 11 percent of GDP in 2014. However, the balance of payments pressure ... the World Bank Country Manager for Mongolia. “We welcome the new ...
U.S. Current Account Deficit Remains Easy to Finance
Forex Street - 12/17/2014 3:13:23 PM
The United States continues to incur current account deficits. At only 2.2 percent of GDP ... The new piece of information in today’s report was the income balance, in which the overall surplus fell markedly from $32.8 billion in Q2 to $24.1 billion ...
U.S. current account deficit widens in third quarter
Reuters - 12/17/2014 8:32:31 AM
The Commerce Department said on Wednesday the current account gap, which measures the flow of goods, services and investments into and out of the country, rose 1.9 percent to $100.3 billion from a revised $98.4 billion deficit in the second quarter.
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. If there is a deficit, does that mean the economy is weak? Does a surplus automatically mean that the economy is strong? Not necessarily. But to understand the ...
Bangladesh's current account balance returns to deficit
Xinhua News Agency - 12/4/2014 2:24:23 PM
Nearly three years ago the country's current account balance entered the negative territory. The current account balance recorded a deficit of 372 million U. S. dollars in the July- October period of 2011-12 fiscal year against the surplus of 1.117 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 ...
World Bank cuts 2015 Malaysia GDP forecast
eaglefordtexas.com - 12/18/2014 4:38:06 PM
the bank at the moment still believed that Malaysia would be on track to cut its 2015 fiscal deficit to 3 per cent of GDP as targeted and that the country’s current account would remain in a surplus position, albeit at a lower level than in 2014.
Brazil's trade balance to benefit from oil price drop
MercoPress - 12/18/2014 8:55:48 PM
If the barrel continues at around US$55 to US$60 per barrel we would see a savings in out trade balance ... country, especially sub-salt layer projects, are ‘robust’ and will continue,” the Times explained. It is estimated that by 2035 Brazil will ...
Current account and exchange rate dynamics
Jamaica Gleaner - 11/19/2014 12:26:10 PM
This should gradually eliminate any discrepancy between imports and exports, resulting in an improved current-account balance. This approach, however, might present some problems if a country has inelastic demand for imports (oil, etc), if the country has ...
Saudi's Naimi says prices will stimulate demand, confident market will recover
Reuters - 12/21/2014 2:47:10 PM
Naimi said the decision would ultimately help the world economy. "Current prices ... effectively to restore balance to the market without joint action with producers outside of the group. "The kingdom of Saudi Arabia and other countries sought to bring ...
Forex - Kiwi slightly weaker after balance of payments deficit
Money Control - 12/17/2014 12:40:04 AM
Investing.com - Investing.com - The New Zealand dollar eased slightly in Asia early Wednesday as the balance of payments came in near expectations. New Zealand recorded a third quarter current account deficit ... data sets in both countries.
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 ...