|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
Current account will temporarily swing to a surplus: Nomura India
Times of India - 4/29/2016 9:17:49 AM
COIMBATORE: The country's current account is projected to swing to ... but it would also be helped by lower oil prices and a decrease in gold imports. "We expect India's current account balance to swing to a surplus of about $3 billion (0.6% of GDP or ...
Current Account Deficit To Widen To $25 Billion On Rising Gold Imports: Report
NDTV - 4/28/2016 4:21:20 PM
New Delhi: The country's current account deficit is likely to widen ... It said with the jewellers' strike leading to a slump in gold imports in March 2016, the current account balance for the fourth quarter of 2015-16 may record a small surplus after ...
With Iraq Mired in Turmoil, Some Call for Partitioning the Country
New York Times - 4/28/2016 4:57:08 PM
“I generally believe it is ungovernable under the current construct,” said ... of Iraq might be the only remedy for the country’s troubles. He called it “an imperfect solution for an imperfect world.” Mr. Khedery is now a sharp critic of American ...
Turkey growth to slow to 3.5% in 2016: World Bank
Market Watch - 4/29/2016 4:24:20 AM
The World Bank said continued lower oil prices will help bring the current account deficit to around 4.1% of GDP in 2016. Turkey's annualized current account deficit, long considered the country's economic Achilles' heel, shrank to $30.5 billion in ...
Canadian Economic Growth Downgraded In IMF Report, Along With Rest Of World
NYSE Post - 4/26/2016 2:11:53 AM
The IMF expressed worry that the low growth around the world leaves the world economy more exposed to risk and with less room for error, and could have adverse socio-political impact on many countries ... the current account balance in Egypt is expected ...
Venezuela tops list of countries most vulnerable to low oil prices
The Guardian - 4/27/2016 12:26:18 PM
It needs an oil price well above $100 a barrel to balance the books ... of the budget deficit, the current account deficit, GDP per head of population, and foreign exchange reserves. Oxford Economics identified eight countries as being in the “red ...
Current account balance posts $157 million surplus in February
Business Recorder - 4/27/2016 8:47:23 PM
The country''s current account balance posted a $157 million surplus in February 2016 supported by lower import bill and higher foreign inflows. Economists said that a surplus current account was a good indication for the economy and would reduce the ...
Growth in Turkey is projected to slow to 3.5 percent in 2016, says the World Bank
The World Bank - 4/29/2016 8:06:14 AM
Lower energy prices helped reduce the current account deficit ... Inflation is projected to be at 8.5 percent by end-2016. The World Bank’s work in Turkey is based on a joint Country Partnership Strategy (CPS) for the period 2012-2016.
Connecting the World Through Infrastructure
Forbes - 4/28/2016 1:43:51 PM
It is no longer foreordained that tropical countries will suffer unproductive ... But if we want to enjoy the benefits of a borderless world, we have to build it first. Our fate hangs in the balance.”
Mozambique: Country boosts security in capital over demonstration fears
pulse.ng - 4/29/2016 9:03:30 AM
Several anonymous messages spread via SMS and Whatsapp said groups were planning to march on Friday against government corruption, in particular secret borrowing that could cripple the economy in one of the world's poorest countries. Armoured vehicles ...
International Monetary Fund warns on global threat posed by Brexit
La-Kabylie - 4/26/2016 5:35:18 PM
In its turn, the World Bank foresees that Romania's economic growth ... two percent projection the organization issued last October. Furthermore, the current account balance in Egypt is expected to increase to 5.3 percent of GDP in 2016 and 2017, compared ...
Countries Sign The Paris Agreement On Climate Change
Cinema Blaze - 4/25/2016 3:38:58 AM
The agreement needs 55 nations that together account for 55 percent of global ... granddaughter Isabelle on his lap, said his country "looks forward to formally joining this agreement this year". "Should the current path of global warming remain unchanged ...
Long Arm Of The IRS Stretches Around The World
iExpats - 4/29/2016 12:13:47 AM
The USA and Eritrea are the only countries in the world that require expats to ... held in overseas accounts under the Foreign Account Tax Compliance Act (FATCA) rules. None of my foreign accounts have a balance of more than $10,000 Wrong.
Exploring The Current Account In The Balance Of Payments
Yahoo Finance - 6/14/2013 3:29:46 PM
The balance of payments (BOP) is the place where countries ... the world. Transactions are either marked as a credit or a debit. Within the BOP there are three separate categories under which different transactions are categorized: the current account ...
World leaders gather to sign climate change deal
SB News Online - 4/28/2016 11:35:01 AM
The agreement needs 55 nations that together account ... country to reducing greenhouse gas (GHG) emissions below 7.8 per cent of current levels. The 41-year-old celebrity returned to the United Nations after delivering a much-watched address to world ...