|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
Current account deficit shrinks, clocks in at $1.4 billion
The Express Tribune - 4/16/2015 11:56:47 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. As a percentage of ... In March alone, the current account balance remained in surplus: it amounted to $163 million as opposed ...
Payments up 46% to $2.692b: Current account deficit decreases from $2.5b to $1.456b in July-March
customstoday.com.pk - 4/18/2015 5:03:25 AM
the country’s current account deficit further decreased in third consecutive month to $1.456 billion during July to March 2015. According to SBP statistics, the balance of payment showed surplus of $163 million in March 2015 including $961 million during ...
Pakistan’s current account deficit narrows to $1.456bln
The News International - 4/18/2015 3:01:43 AM
KARACHI: Pakistan’s current account deficit narrowed in the first ... Extended Fund Facility bailout package for the country. The impact of these inflows would reflect on the balance of payment situation in the last quarter of the current fiscal year ...
Germany Rebuts Lew-Bernanke Criticism of Current Account Surplus
Bloomberg - 4/17/2015 5:57:41 PM
The leaders of Germany’s economy fired back at U.S. criticism of their swelling current-account surplus ... redirects demand from its neighbors (as well as from other countries around the world), reducing output and employment outside Germany at a ...
Disclosure of Foreign Travel, Bank Accounts Now Mandatory for Taxpayers
NDTV - 4/18/2015 11:22:48 AM
New Delhi: Taxpayers will now have to disclose all bank accounts held by them in the country and instances of foreign travel ... has notified new Income Tax Return (ITR) forms for the current assessment year, making some additions to the existing format ...
World Bank downgrades Turkish growth rate
Today's Zaman - 4/18/2015 9:56:54 AM
The World ... suggest the current economic weakness is likely to be extended into the first half of 2015,” said the bank in its report. The lira has plummeted in 2015, and a further fall might curb the influence of a narrowing current account deficit ...
World Bank cuts Turkey's growth outlook
Market Watch - 4/17/2015 5:33:14 AM
The World Bank said the fall in energy prices and weak domestic demand were helping the country to bring its current-account deficit down, but in the face of further exchange-rate depreciation, the impact on inflation was less than expected. The World Bank ...
Many new account in India; but many dormant ones too: World Bank
Post - 4/16/2015 10:20:45 AM
New Delhi: Bank account ... in the country had an account," the report said. Under the scheme more than 97 percent of the accounts were opened with the public banks, but around 72 percent of these accounts show 'zero balances'. The World Bank report ...
UAE has 4% of world's oil and 3.5% of gas reserves: Energy minister
Emirates247 - 4/17/2015 5:26:04 AM
The UAE has four per cent of the world's oil reserves and ... He said the current UAE oil production accounts for nearly 10 per cent of the Organisation of Petroleum Exporting Countries (Opec) production, noting that Abu Dhabi hosts the International ...
The Next 1.7 Billion Consumers; Selling To The Muslim World
Forbes - 4/18/2015 6:00:41 AM
The world’s Muslim consumers number 1.7 billion. They are twice the number of consumers in Africa and account for nearly 30 percent of the emerging market total. For all the current political ... spread across more than 50 countries, each with their ...
‘BoG must reduce account opening age’
Ghana Web - 4/18/2015 1:53:07 PM
Managing Director of HFC Bank Asare Akuffo says a revision is needed to encourage savings in the country. According to him, the current ... an account without having to get an adult involved. There must be a way to emulate best practices in the world.”
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 ...
Shifting world trade patterns and what they imply for India
Rediff India Abroad - 4/17/2015 1:32:50 PM
For the powerhouse of global trade to register these numbers suggests that something is amiss with world trade. Overall, it is clear that trade balances worldwide are ... In particular, Germany has a massive current account surplus of 7.8 per cent of ...
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 ...
CORRECTED-HIGHLIGHTS-IMF, World Bank 2015 spring meetings in Washington on Thursday
Reuters - 4/17/2015 6:30:30 AM
And it was eventually granted to a couple of developing countries ... that stage today." WORLD BANK PRESIDENT JIM YONG KIM ON CHINESE SHADOW BANKING "I think we feel overall that the Chinese authorities are very much on top of the current situation ...