|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
GDP grows by 4.45% in 2015-16 despite falling exports, low agri-production
Pakistan Today - 7/21/2016 9:08:16 PM
Higher inflows of remittances during the fiscal year 2015-16 could not support the country’s balance of payments (BoP), which ... of uncertainty in the local markets. A surplus in current account means savings exceed investment while a low current ...
Which Countries to Buy… and Which Ones to Duck
Wall Street Daily - 7/22/2016 10:37:09 AM
But far from making weak bets, or giving up entirely, there are many markets around the world that are still selling below ... with growth estimated above 3% in 2016 and 2017, and both its current account and budget deficits around 2% of GDP.
Greek Current Account Improvement Slows in May
economiccalendar.com - 7/21/2016 10:31:11 AM
In May 2016, the Greek current account deficit increased to EUR412mn from EUR140mn the previous year and there will be concerns that tourism revenue could slip during the key summer season, which would have a significant negative impact on the net balance ...
Current account deficit shrinks 6.8%
The Express Tribune - 7/21/2016 9:22:35 PM
A deficit or surplus reflects whether a country is a net borrower or lender of capital with respect to the rest of the world. The year-on-year fall in the current account deficit is small, as some analysts initially expected Pakistan to post a surplus in ...
Current account deficit flat in FY16 despite favourable circumstances
Dawn - 7/22/2016 1:33:07 AM
The current account deficit reflects Pakistan’s trade gap with the rest of the world and the shortfall between money paid out by the country and money coming in. The deficit in the trade of services also fell slightly to $2.414bn in 2015-16 from $2.96bn ...
UPDATE 2-Sterling boosted by Softbank bid and Weale's hawkish comments
Reuters - 7/18/2016 7:42:56 AM
Earlier, sterling rose on hopes that the Softbank deal would help soothe investors' fears about Britain's current account ... developed world. Nevertheless, the sharp drop in the value of the pound has made UK companies, backed by strong balance sheets ...
World's wealthiest countries host less than 9% refugees: Report
wap.business-standard.com - 7/18/2016 7:50:06 AM
The world ... countries (around 700,000), with the remaining 1.4 million split between the other five nations, CNN reported citing the report. In sharp contrast, the nations that host more than half of the world's refugees and asylum seekers account ...
Senators call for balance in civil-military powers
Pakistan Observer - 7/21/2016 10:38:20 AM
Islamabad—Senator Farhatullah Babar on Wednesday called for formulation of new guidelines to balance civil-military relationship in the country and empower ... Pakistan is being isolated in the world because of its current policies.
Which Countries Have the Most Immigrants?
priceonomics.com - 7/18/2016 7:31:37 PM
Well, as of 2015, about 3.3% of the world’s population lived ... Unlike in the United States, no one country accounts for more than 10% of the United Kingdom’s foreign-born population. People born in India (9%) account for the largest percentage ...
FxWirePro: GBP foreign trade bills and OTC hedging positioning to glimpse on how to infer the UK balance of payments post-Brexit
econotimes.com - 7/22/2016 12:53:10 PM
This ought to equate roughly to the country ... current account returns to surplus, but since end-2014, the net international investment position has actually improved by nearly £200bn to a level of - £128bn. This isn’t the only part of the UK balance ...
How China’s ‘Currency Manipulation’ Enhances the Global Role of the U.S. Dollar
Foreign Policy - 7/22/2016 2:40:32 PM
Marsh, like many other analysts who have repeated the popular but confused story about the rise of the renminbi and the decline of the dollar, may have misunderstood the role of reserve currencies within the global balance ... a country’s current 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 ...
G20 countries pledge to boost growth, dampen Brexit shock
Vegas Sports - 7/24/2016 8:40:15 AM
The ministers and governors of the world's top 20 economies will discuss ways to increase policy coordination among the member countries and global organizations ... Kuroda said the bank's policy board will take into account the stimulus package planned ...
Michael van Gerwen to face Phil Taylor in World Matchplay final
SkySports - 7/24/2016 6:45:43 AM
Michael van Gerwen will face a rejuvenated Phil Taylor in Sunday's World Matchplay final after both players eased through their semi-finals. The world's top four players clashed in the last four, with current ... game looked in the balance but 'Mighty ...
Over Intransigence of Rich Countries, Developing Countries Win Mandate on Trade for Development
The Huffington Post - 7/22/2016 5:15:02 AM
While the International Monetary Fund (IMF), the World Bank, the Organization for Economic ... it does not mandate that member states or UNCTAD take into account their effects on development. Developed countries also opposed that UNCTAD helping countries ...