|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
Proposed gold scheme could stabilize India's trade balance
Resource Investor - 5/27/2015 9:53:36 AM
The Associated Chamber of Commerce (ASSOCHAM) stated that the gold monetization scheme announced by the government is likely to provide more stability to the country’s trade balance situation ... will narrow down the Current Account Deficit (CAD).
UPDATE 1-Brazil's current account gap widens to $6.9 bln in April
Reuters - 5/26/2015 2:12:29 PM
Brazil's current account gap widened to $6.901 billion last month, up from $5.736 billion in March and in line with market expectations, according to central bank data. Direct investment in the country, which falls under the capital account in the balance ...
13 Least Racist Countries in the World
INSIDER MONKEY - 5/27/2015 2:36:56 AM
However, some countries have been proactive in recognizing its evils and working towards the achievement of a more harmonized and diversified society. But, really how do we measure racism? The current list of the least racist countries in the world is ...
World football rocked as top officials held in U.S., Swiss graft cases
Reuters - 5/27/2015 2:11:18 PM
Officials said that following the arrests, accounts ... rights for World Cups. It has persistently been dogged by reports of corruption which it says it investigates itself, but until now it has escaped major criminal cases in any country.
ASSOCHAM: Proposed Gold scheme could stabilize India’s trade balance
Shanghai Metals Market - 5/26/2015 6:34:21 AM
MUMBAI (Scrap Monster): The Associated Chamber of Commerce (ASSOCHAM) stated that the gold monetization scheme announced by the government is likely to provide more stability to the country’s trade balance ... narrow down the Current Account Deficit ...
It is not India shining yet though country's GDP may overtake China's in Modi's first year
Firstpost - 5/28/2015 3:11:33 AM
He has been helped by a dramatic slide in global crude prices that has cooled inflation and helped narrow the fiscal and current account deficits ... and are reluctant to ramp up investment, as their balance sheets are already stretched.
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 ...
NBP’s pre-tax profit increased by 211pc
Business Recorder - 5/26/2015 1:58:10 PM
building liability team to procure low cost deposit and increase in average deposit per account, Introducing new products for current and saving accounts, upgrading IT Infrastructure, bringing improvement in customer services, branchless banking ...
HSBCnet Mobile Gaining Popularity in the Corporate World
paymentweek.com - 5/27/2015 4:48:47 PM
Nadya Hijazi, Global Head of PCM E-Commerce said, “The world ... At the current rate of growth, we expect to reach USD100bn in the next 18 months.” Today, mobile banking offers the convenience to do many things such as checking account balances and ...
Why India is captured by carbon
theguardian.com - 5/27/2015 11:05:11 AM
This issue – the balance between the environment and growth – arises in every developing country. But India’s sheer size ... Indian per capita emissions are expected to remain below the current world average. Dubash’s report regards all the ...
World soccer rocked as top officials held in US Swiss graft case
The Express Tribune - 5/27/2015 4:20:09 PM
US officials gave details of a case in which they said they exposed complex money laundering schemes, found millions of dollars in untaxed incomes and tens of millions in offshore accounts ... any country. In particular, the decision to award the World ...
India to sign G20 pact on June 3, will get more data on bank accounts
Economic Times - 5/27/2015 10:58:01 AM
Currently , countries can seek information from others but the new mechanism will allow automatic exchange of information on an annual basis, which will include the account balance and all income that has accrued during the course of the year.
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 ...
Innovatively using the Asian Development Bank’s balance sheet to eradicate poverty
Brookings - 5/27/2015 7:59:04 AM
Lower-income countries currently eligible for ADF loans will continue to receive concessional loans on the same terms and conditions as current ADF loans, but these loans will henceforth be provided from the expanded OCR balance sheet. They key difference ...
Powering African Mines: What Role Will Renewables Play in Addressing Mining’s Current Power Crisis?
Renewable Energy World - 5/27/2015 12:38:14 PM
Gerhard Wernecke, senior project manager at Cronimet Mining Power Solutions, Ltd., points out that the power crises in South Africa, Namibia, Botswana, Zambia and Mozambique are tipping the balance towards ... generation for current demand, a failure ...