|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
2MFY15: Current account deficit doubles to $1.37 billion
The Express Tribune - 9/19/2014 9:38:06 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. Speaking to The Express Tribune ...
IMANI Alert: What Ghana’s current ranking on the Global Competitiveness Index means for its development.
Citi FM Online - 9/21/2014 5:39:31 PM
The World Economic Forum (WEF henceforth ... Once the GCI has been adjusted to take into account sustainability, Ghana’s score of 3.71 reduces to a worrying 3.6. Figure 1 below provides a snapshot of the country’s score according to the index.
July-August current account deficit soars to $1.37 billion
Business Recorder - 9/19/2014 11:11:10 PM
The country's current account balance continued to deteriorate and posted a deficit ... on account of Coalition Support Fund a few weeks ago, while oil prices in the world market fell by some 5-6 percent, resulting in lower oil import bill," he added.
Eurozone's current-account surplus widens slightly
Market Watch - 9/19/2014 4:55:57 AM
FRANKFURT--The eurozone's current account surplus widened slightly in July, continuing to signal some strength in the currency bloc's export economy, data from the European Central Bank showed Friday. The current account balance, a broad measure of an ...
New Zealand's Current Account Drops Into Red Zone, Economy Picks Up In Q2
Action Forex - 9/18/2014 7:48:56 AM
Unlike the rest of the world you've got very strong domestic demand ... Year-on-year, the deficit grew to $5.8 billion, which accounts to 2.5% of country's GDP. As analysts expected the current account balance to be slightly better than reported data ...
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 ...
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 ...
Japan's Current Account Falls into Deficit
Wall Street Journal - 8/7/2014 9:46:09 PM
TOKYO—Japan's current account balance fell into a deficit for the first time in five ... The deficit in the current account, the broadest measure of Japan's trade with the rest of the world, stood at ¥399.1 billion ($3.91 billion) in June before ...
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 ...
World Economic Outlook
International Monetary Fund - 4/8/2003 11:53:06 PM
The World Economic Outlook presents the IMF staff's ... 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 European ...
The World's Most Competitive Countries
Forbes - 5/30/2013 1:38:42 PM
For the past 25 years, IMD, the international business school in Lausanne, Switzerland, has issued a list of the countries it says are the world’s most competitive ... Some 13.4% of GDP is the current account surplus, one of the highest in the world.
Definition of 'Current Account'
Economic Times - 9/20/2014 4:43:26 PM
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 ...
Cause of U.S. Current Account Deficit - Savings Rate or Pegged Exchange Rate?
Seeking Alpha - 4/14/2010 10:55:30 AM
Over the last few weeks, two Nobel Laureates, Paul Krugman and Joseph Stiglitz and another economist, Stephen Roach, have been engaged in a public debate about the causes of the US Current account ... to only a few countries in the world.
Columns: Markets’ rose-tinted world
Financial Express - 9/22/2014 2:00:36 AM
So, why have financial markets been behaving as if they were in a world of their own? Apparently unfazed by disappointing ... Meanwhile, on the policy front, advanced-country monetary-policy cohesion is giving way to a multi-track system, with the European ...
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.