|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
China's Q3 current account balances out
Market Watch - 10/30/2014 12:25:25 AM
China's current-account surplus in the three months ended September rose to $81.5 billion, compared with a revised surplus of $73.4 billion in the second quarter, the country's foreign-exchange regulator said. The nation had a capital and financial account ...
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 ...
Turkish Stocks Have World’s Biggest Rally This Month on Oil
Bloomberg - 10/31/2014 3:47:39 PM
Turkish stocks extended the world’s biggest rally this month on bets tumbling oil will help narrow the country’s trade deficit and ... have a significant positive impact both on Turkey current account deficit and inflation,” Vedat Mizrahi, head ...
The 10 Most Educated Countries in the World
INSIDER MONKEY - 10/29/2014 12:00:57 PM
This offers a comprehensive way of measuring social progress, including a score for a country’s level of access to basic knowledge, taking into account factors ... of education throughout the world. Now then, on with our current list!
Ministry of Finance of Republic of India : Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services;
4 Traders - 10/30/2014 1:39:59 PM
Speaking on the occasion, Shri G.S. Sandhu, Secretary, Department of Financial Services, Government of India said that the Government of India is committed to boost the savings rate in the country ... basic savings account with zero balance and providing ...
John Maynard Keynes Is the Economist the World Needs Now
Businessweek - 10/30/2014 10:33:52 AM
With fiscal policy missing in action, the world ... countries. It’s keeping its workers busy by producing goods and services for export, while not buying the goods and services produced by other countries. That explains why the surplus on its current ...
Governing a World Out of Order
PROJECT SYNDICATE - 10/31/2014 4:52:04 PM
WASHINGTON, DC – Can we develop an international order that will keep the peace and allow countries ... account of world orders) will be able to forge agreement on a set of rules that all will regard as legitimate, thereby maintaining a stable global ...
Rich countries risk ‘permanently weak’ demand: IMF
CNBC - 9/30/2014 8:53:27 AM
Current account surpluses in core European countries have instead remained large, while current account balances have deteriorated in some ... changes in market sentiment or to sudden increases in world interest rates. Terrones advised governments to ...
51 Nations Swap Offshore Account & Tax Data, FATCA On Steroids
Forbes - 10/30/2014 12:06:56 PM
A cornucopia of countries will ... in our FATCA and IRS centric world, this is a big development. The first signatories will prepare their tax departments to exchange a wide range of information on off-shore accounts, balances and ownership.
Definition of 'Current Account'
Economic Times - 10/29/2014 7:50:25 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 ...
IMF warns GCC countries of $175 billion hole created by falling oil prices
The National - 10/27/2014 1:43:33 PM
The IMF believes that lower oil prices could knock nearly 1 percentage point off economic growth rates in GCC countries ... world,” he said. For the Middle East and North Africa region as a whole, the IMF is expecting GDP growth to rise from the current ...
More Than 50 Countries Sign Tax Deal
Wall Street Journal - 10/29/2014 2:38:26 PM
will now force governments to collect and exchange information on taxpayers’ assets and income outside their home country, including bank accounts, interest payments, bank balances, and beneficial ownership. The financial and sovereign-debt crises of the ...
Tensions from the Two-Speed Recovery: Unemployment, Commodities, and Capital Flows
International Monetary Fund - 10/26/2014 8:04:07 PM
Current Account Balance, and Unemployment 3.1 Oil Demand Price and Income Elasticities 3.2 Oil Demand Price and Income Elasticities, Including Oil-Exporting Countries 3.3 Oil Demand Price and Income Elasticities in the Extended Sample 3.4 Oil Demand Price ...
Scores of countries agree to exchange taxpayers' data
worldbulletin.net - 10/30/2014 7:34:55 AM
By signing the agreement on Wednesday, 52 countries and regions pledged to undertake the first exchanges of tax information by 2017. Under the deal, information on taxpayers' offshore accounts, account balances ... "The world is quickly becoming a ...
Child poverty in the U.S. is among the worst in the developed world
Washington Post - 10/29/2014 1:26:51 PM
In the richest nation in the world, one in three ... definition to the 2008 median to account for the decline in income since then - incomes fell after the great recession, so measuring this way is an attempt to assess current poverty relative to how ...