|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
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 ...
Why Trade Deficits Are So Destructive to the World Economy: How Steem Can Solve This Problem From Its Root.
steemit.com - 8/17/2016 10:49:16 AM
It affects every countries in the world, as we are all trading partners with each ... Confusing, but it is accurately reflected through the current account balance(trade deficit) and capital account surplus(financial account balance), being mirror images ...
IMF Cannot Quit Fiscal Consolidation (in Asian Surplus Countries)
Council on Foreign Relations - 8/21/2016 11:59:06 PM
In theory, the IMF now wants current account surplus countries to rely more heavily on fiscal stimulus and less on monetary stimulus. This shift makes sense in a world marked by low ... China’s “augmented fiscal balance.” And the Fund thinks that ...
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 ...
Brazil’s Current Account Gap Widens More Than Forecast in July
Bloomberg - 8/24/2016 4:35:54 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 ...
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 ...
India Ranked 7th Wealthiest Nation of The World; Beats Australia, Canada In Wealth Creation
Trak.in - 8/24/2016 9:36:32 AM
As per latest ranking released by New World Wealth, India is right now world’s 7th most wealthiest country based on the individual assets of their citizens. Note here, that this ranking has not been calculated as per the current GDP of individual ...
Current account precautions
opensources.info - 8/18/2016 1:51:13 AM
Typically, a trip to your local bank, filling the normal account opening forms, providing the referees and submitting other details about yourself can result in a new current account and a world of financial ... by helping you balance your account, pay ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 8/18/2016 4:24:31 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.
In Nigeria, older banks now lead in innovation By Eyiuche Chukwuweike
informationng.com - 8/23/2016 7:50:21 AM
In 1945, as the Second World War grinded to a bitter halt ... and it has continued this year as the bank steadily grows in balance sheet size and profitability despite the current economic challenges facing the country. Wema Bank is Nigeria’s oldest ...
Dolly Parton, Lisa Hannigan, Ed Harcourt And More Music Reviews
ABC News - 8/24/2016 6:30:26 AM
It is nice (and unsurprising) to hear that Dolly isn’t selling out to try to appeal to the current pop-minded sounds of country radio ... at least some competition in his discography, “The World Is On Fire” is no doubt one of the greatest and ...
Employers must be prepared for unique issues that face aging workers
Property Casualty 360 - 8/24/2016 6:19:06 PM
That's good news for employers across the country. Older workers offer more experience and ... According to a 2016 AARP report, half of the workers aged 45 to 64 have been at their current job for more than a decade. They can mentor new workers, serve ...
Current account gap widened to $591m in July
Dawn - 8/20/2016 2:03:09 AM
The current account is the broadest measure of trade, covering not only the flow of goods and services but also investment flows. A deficit reflects Pakistan’s trade gap with the rest of the world and the shortfall between money paid out by the country ...
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 ...
An ‘OPEC’ cartel for labor-exporting countries
Japan Times - 8/23/2016 10:27:50 AM
including foreign direct investment and aid — and often help to balance a country’s books. Indeed, according to the World Bank, in 2013 remittances amounted to 20-24 percent of GDP in the Philippines and Indonesia, 42 percent in Tajikistan, 32 percent ...