|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 ...
Current account turns to surplus
Dawn - 10/21/2014 1:54:50 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 ...
Low exports swell current account deficit to $1.33b
customstoday.com.pk - 10/21/2014 10:30:14 AM
KARACHI: SBP data revealed that country’s ... product (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 a surplus ...
Greek current account surplus widens in August
Reuters - 10/21/2014 4:10:50 AM
ATHENS, Oct 21 (Reuters) - Greece's current account surplus widened in August compared to the same month last year, boosted by higher tourism receipts, according to balance of payments ... revenues from tourism, the country's biggest foreign-currency ...
World Bank Paper Urges India to Get Ready for Bumpy Ride
The Wall Street Journal - 10/22/2014 10:53:30 PM
As Reserve Bank of India governor Raghuram Rajan gets the country ready to face the end of ... to borrow currency in times of trouble, shrinking the current account deficit and keeping the fiscal balance healthy.
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 ...
FG, states share $2.7bn from Excess Crude Account
Punch - 10/22/2014 10:32:02 PM
The total revenue distributable for the current month ... had said the country’s External Reserves had risen from $36.6bn as of June to $39.48bn as at October 16. She put Excess Crude Account balance at $4.11bn and the Sovereign Wealth Fund at $1.55bn.
Definition of 'Current Account'
Economic Times - 10/22/2014 9:34:46 PM
Definition: Current account is one of the two component accounts of the balance of payments of a nation. It records the trade of goods and services of an economy with other countries of the world. Description: Current account includes three components ...
Understanding Capital And Financial Accounts In The Balance Of Payments
Investopedia - 10/21/2014 10:51:42 AM
The current account, the capital account and the financial account make up a country's balance of payments (BOP ... Thus, the economy is using world savings to meet its local investment and consumption demands. It is a net debtor to the rest of the ...
List of the World’s Richest Countries; America’s Special Role in It
rinf.com - 10/23/2014 2:56:53 AM
The world’s richest countries are the ones where ... such as when the 2008 crash destroyed the values of people’s houses, more in some countries than others, and of their retirement accounts. Then, in the listing below, comes the nation’s name ...
Map: The best places in the world to be a rich foreigner
Washington Post - 10/22/2014 5:09:54 PM
Over a quarter of the expats HSBC polled earned more than $200,000 annually, but also maintained a better work-life balance than in their home ... you separate the findings by category. Asian countries may account for terrific remuneration, but not ...
Tensions from the Two-Speed Recovery: Unemployment, Commodities, and Capital Flows
International Monetary Fund - 10/22/2014 4:55:35 PM
Current Account Balance, and Unemployment 3.1 Oil Demand Price and Income Elasticities 3.2 Oil Demand Price and Income Elasticities, Including Oil-Exporting Countries 3.3 Oil Demand Price and Income Elasticities in the Extended Sample 3.4 Oil Demand Price ...
Climate Equity: A Tale of 4 Countries
WRI - 10/21/2014 2:40:46 PM
So, how should countries decide what to put into their contributions, and how should they be evaluated? What should governments, civil society, and the private sector take into account ... in the world. The United States’ relative level of current ...