|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
SBP data: Current account deficit clocks in at $1.33b
The Express Tribune - 10/20/2014 8:25:33 PM
With the difference of exports and imports being the biggest determinant of the current account balance, a deficit or surplus reflects whether a country is a net borrower or lender with respect to the rest of the world. As a percentage of the gross ...
Q1 current account balance posts $1.3 billion deficit
Business Recorder - 10/20/2014 11:17:21 PM
The country''s current account posted a $1.3 billion deficit in first quarter of this fiscal year mainly due to higher import bill. Month-on-month basis, current account balance registered a $3 million surplus in September 2014 supported by rising home ...
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 ...
Current account turns to surplus
Pakistan Defence - 10/21/2014 5:43:54 AM
KARACHI: The previous month saw current account switch to surplus for the first ... also helped in reducing trade deficit in services. The country has been struggling to improve its balance of trade but the exports showed less improvement while the imports ...
Current Account Balance
Yahoo Finance - 10/18/2014 6:30:24 AM
Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Current account records the values of the following: - trade balance ...
Current account deficit stands at $1.33b, widens by $62m: SBP
customstoday.com.pk - 10/21/2014 3:06:25 AM
KARACHI: SBP data issued on Monday revealed that country ... (GDP), the current account deficit stood at 1.8% in July-September as compared to 2.1% in the same period of the last fiscal year. In September alone, the current account balance recorded ...
Translating economic terminology: Balance of payments
Jamaica Observer - 10/19/2014 6:57:51 AM
However, the country still benefits from the employment and the other spin-off activity that the foreign owned businesses generate. In the simplest of senses the balance of payments is divided into two accounts: the current account and the capital account.
US, China can tip balance in climate quest: study
The Straits Times - 10/21/2014 9:43:06 PM
If they move swiftly to achieve deep cuts in energy from high-carbon fuels like coal and oil, the two countries could reduce emissions by 2.8 gigatonnes of carbon dioxide equivalent (GtCO2e) from current 2020 projections, said a Climate Action Tracker (CAT ...
Tag Archives: CURRENT ACCOUNT DEFICIT
RTN - 10/16/2014 8:20:09 AM
Crisil Research has cut its forecast for current account deficit this financial year to $32 bln, or 1.55 of GDP, from $47 bln, or 2.2% of GDP, due to the sudden fall in oil prices. A country’s dealings with the rest of the world is divided into the ...
Nigeria, sub-Saharan Africa, account for 30% global oil discoveries
Vanguard - 10/21/2014 12:21:46 AM
an upward trend amplified in some countries by subsidised prices. The result is to squeeze the region’s net contribution to the global oil balance. The report also explained that natural gas resource-holders can power domestic economic development and ...
ECB European Central Bank : Euro area balance of payments (August 2014)
4 Traders - 10/20/2014 9:34:09 AM
In August 2014 the seasonally adjusted current account ... Balance of Payments Manual (fifth edition).aggregates for the euro area and the European Union are compiled consistently on the basis of transactions and positions vis-à-vis residents of countries ...
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 ...
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 ...
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 ...
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 ...