|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
PHL current account close to deficit
BusinessMirror. - 8/27/2016 1:07:44 PM
The current account has been the biggest and most stable components of the country’s balance of payments (BOP), the summary of the Philippines’s transactions with the rest of the world. This component is usually buoyed by the strong inflows from ...
Current account deficit surges 152 percent in July
Business Recorder - 8/19/2016 9:16:49 PM
The country's current account deficit sharply increased by 152 percent during the first month of current fiscal year (FY17) primarily due to lower remittances and services exports. Economists said the deterioration in current account balance will be ...
‘Africa’s Children to Account for 40% of World’s Poorest People by 2030’
This Day Live - 8/26/2016 3:10:36 PM
African children will account for more than 40 per cent of the world’s poorest people in 2030, almost double the current share ... noting that Africa’s most populous country with 188 million people has the largest number of children out of school ...
Marc Faber: The current system in the developed markets is not sustainable
Yahoo Finance - 8/24/2016 12:35:30 PM
The global balance of economic power has notably shifted over the past decade. Now emerging and developing economies account for almost 60 ... China occupies an important space in the current economic landscape. The country embraced the infrastructure ...
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 ...
Brazil’s Current Account Gap Widens More Than Forecast in July
Bloomberg - 8/23/2016 4:08:27 AM
(Bloomberg) -- Brazil’s current account deficit widened more than economists forecast in July as recent currency gains weighed on the country’s trade balance. The gap in the current account, the broadest measure of trade in goods and services ...
Africa's children to account for 40 percent of world's poorest people by 2030 - thinktank
Channel News Asia - 8/24/2016 11:26:54 PM
LONDON (Thomson Reuters Foundation) - African children will account for more than 40 percent of the world's poorest people in 2030, almost double the current share ... noting that Africa's most populous country with 188 million people has the largest ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 8/20/2016 7:06:47 PM
Current account ... trade balance). 2. Export and Import of Services (Invisible Trade): It includes a large variety of non- factor services (known as invisible items) sold and purchased by the residents of a country, to and from the rest of the world.
The Causal Relationship between Current Account and Financial Account Balance in Selected CEE Countries
www.researchgate.net - 8/22/2016 5:49:51 AM
We conclude that at least one component of financial account balance Granger causes current account in Croatia, Poland, Romania and Slovenia while the causality running from the current account to at least one component of financial account in Poland ...
Germany: Massive current account surplus set to decline – Deutsche Bank
Forex Street - 8/26/2016 1:01:46 PM
Research Team at Deutsche Bank, suggests that the Eurozone’s current account surplus has lent some support to ... a dynamic we have referred to as ‘Euroglut’ – the balance of payments should therefore become even more bearish for the euro.
How 3-Day Weekends Can Help Save the World
US News and World Report - 8/26/2016 4:57:59 PM
replicated across an entire country, a four day week would see substantial progress towards an economy that does less damage to the environment. Yet there would be other benefits too. Working less would improve the elusive "work/life balance", and help to ...
Why certain countries are great at particular sports?
www.deviantworld.com - 8/25/2016 6:22:05 AM
And no country produces the quantity or quality of polo players the same way Argentina does. Six of the world’s current top 10 ranked men’s squash players are Egyptian. Of the 14 Men’s World Squash Championships held since 2002, Egyptians account for ...
World wants platinum, says Northam’s Dunne of R7bn plan
Mining MX - 8/23/2016 11:56:43 PM
In an interview with Mining in July, he told how the country’s ... which is less than world economic gross domestic product growth, the platinum market will demand 9 million ounces of platinum by 2025. Compare this to the current available production ...
balance of payments
encyclopedia.com - 8/17/2016 11:56:41 PM
World Encyclopedia Further reading The balance of payments consists of the current account ... is included in the statistical presentation. If the current account is in equilibrium, the country will find its net creditor or debtor position unchanging ...