|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
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 ...
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 ...
Italy Current Account Balance Due On Friday
Realtime Business News - 10/17/2014 12:19:22 AM
Italian current account balance and Poland industrial output data are among the ... the Organisation for Economic Co-operation and Development, the World Bank, the International Labour Organization and the World Trade Organization in Paris.
Translating economic terminology: Balance of payments
Jamaica Observer - 10/19/2014 6:57:51 AM
However, the country still benefits from the employment and the other spin-off activity that the foreign owned businesses generate. In the simplest of senses the balance of payments is divided into two accounts: the current account and the capital account.
Egypt's current account deficit shrinks to $2.4 bln
worldbulletin.net - 10/19/2014 11:22:42 AM
The improvement in the current account deficit was driven by a rise in remittances ... the bank said. Arab Gulf countries have provided Egypt with aid worth billions of dollars in the form of financial support and oil products since former army chief ...
Tag Archives: CURRENT ACCOUNT DEFICIT
RTN - 10/16/2014 8:20:09 AM
Crisil Research has cut its forecast for current account deficit this financial year to $32 bln, or 1.55 of GDP, from $47 bln, or 2.2% of GDP, due to the sudden fall in oil prices. A country’s dealings with the rest of the world is divided into the ...
PetroCaribe presents spillover risk to beneficiary countries, says IMF
Jamaica Gleaner - 10/19/2014 5:24:48 AM
"Some of them have responded quite well, but all of them are still vulnerable," he told the press in Washington during the annual meetings of the IMF and World Bank ... "Specifically, the country's fiscal and external current-account deficits have declined ...
Oil price drop rattles world economies
Union-Bulletin - 10/17/2014 8:29:07 PM
NEW YORK — A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries ... say falling oil prices will ease the country’s chronic current account deficit. Samiran Chakraborty, head of ...
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 ...
Japan's Current Account Falls into Deficit
Wall Street Journal - 8/7/2014 9:46:09 PM
TOKYO—Japan's current account balance fell into a deficit for the first time in five ... The deficit in the current account, the broadest measure of Japan's trade with the rest of the world, stood at ¥399.1 billion ($3.91 billion) in June before ...
Questions and Answers: European System of Accounts 2010
europa.eu - 10/17/2014 10:42:08 AM
ESA is internationally compatible, making it possible to describe the economy of a region, country or group of countries ... but will not affect the overall current account balance. A more detailed analysis of pension schemes is presented.
BitStamp to Hand Over Unverified Accounts to the Government
Fore Minute - 10/17/2014 7:07:23 AM
some of the BitStamp users are still having positive balances in their unverified accounts, making this whole process illegal. It certainly poses serious threats for the Bitcoin exchange as well, as per the current UK laws. No wonder why the company has ...
investinganswers.com - 10/18/2014 11:55:31 PM
In the United States, the Bureau of Economic Analysis calculates the trade balance. The trade balance is a component of a country's current account, which in turn is a component of the balance of payments (BOP)
The World's Most Competitive Countries
Forbes - 5/30/2013 1:38:42 PM
For the past 25 years, IMD, the international business school in Lausanne, Switzerland, has issued a list of the countries it says are the world’s most competitive ... Some 13.4% of GDP is the current account surplus, one of the highest in the world.
Who Will Run the World’s Deficits?
PROJECT SYNDICATE - 11/6/2013 11:57:50 PM
SINGAPORE – These days everyone seems to want to run a current-account surplus ... the ability of other major deficit countries, like Brazil and India, to absorb capital flows is reaching its limit. Since the world is a closed system, this raises ...