|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
Nigeria: Crashing Oil Prices Might Wipe Out Nigeria's Excess Crude Account Balances, IMF Warns
AllAfrica - 5/10/2013 6:09:58 AM
adding that though government has rebuilt the country's fiscal buffers, these are still well below the level of the 2008 crisis, with capital inflows and outflows broadly in the balance, and current account surpluses to rebuild international reserves.
Indonesia 1Q Current Account Deficit Narrows; Balance of Payment in Deficit
4-traders - 5/15/2013 10:43:13 AM
JAKARTA--Indonesia's first-quarter current account deficit narrowed to $5.27 billion from a deficit of $7.65 billion in the previous quarter, but a deteriorating capital and financial account meant it ran a balance of payment deficit, the country's central ...
Nigeria: Oil Price Fall May Wipe Out Excess Crude Account in One Year - IMF
AllAfrica - 5/10/2013 8:18:49 AM
While commending the government for rebuilding the country's fiscal buffers, these buffers he lamented "are still well below levels at the time of the 2008 crisis. But with capital inflows and outflows broadly in balance, the current account surpluses ...
Rapid Current-Account Rebalancing in the Southern Eurozone
Wall Street Pit - 5/8/2013 11:41:38 AM
Figure 2 (from Auer 2013) documents that all four countries have achieved substantial external adjustment. It plots the evolution of the current-account balances of Greece, Italy, Portugal, and Spain as a percentage of GDP. 4 Current-account deficits have ...
Current account deficit estimated at 2.2 pct: economist
antaranews.com - 5/16/2013 1:05:12 PM
... current account deficit in the first quarter of 2013 at 2.4 percent of the GDP, down 3.5 percent of the GDP in the previous quarter. Improvement in the current transaction deficit was caused by the improvement in the country`s trade balance thanks to ...
Current Account: Wall Street’s Giants Try ‘Flowmonster’ Formula
Wall Street Journal - 5/20/2013 9:00:03 PM
Here is a glimpse at the future of finance. When Deutsche Bank AG set out to win a role on Apple Inc.'s $17 billion bond, it eschewed Wall Street’s traditional tactics. Instead of flying well-groomed bankers to Cupertino, Calif., to charm ...
Japan March current account surplus down 4.3 percent year on year
Chicago Tribune - 5/10/2013 4:01:07 AM
TOKYO (Reuters) - Japan's current account surplus fell a smaller-than-expected 4.3 percent in March from a year earlier, Ministry of Finance data showed on Friday, as a gradual recovery in exports helps improve the country's balance of payments.
Q&A: Post Office current accounts
The Guardian - 5/17/2013 11:55:25 PM
The Post Office is muscling in on the high street banks' territory ... though there are loads of building society products. Several credit unions offer savings accounts paying not-bad returns: North London Credit Union, open to those who live ...
investinganswers.com - 5/13/2013 6:16:34 PM
The country's balance of trade is part of its balance of payments, which is actually composed of three subaccounts in the United States: the current account, the capital account, and the financial account, each of which have their own types of inflows and ...
Current Account: A Misused Compass Points Awry
Wall Street Journal - 5/13/2013 6:16:34 PM
More importantly, Bric countries will provide the bulk of global economic growth for years to come, thanks largely, and perhaps solely, to China’s continued expansion. “The idea that the Brics are finished is stupid,” Mr. O’Neill told me.
Developing World to Dominate Global Investment by 2030
ipsnews.net - 5/17/2013 12:39:33 AM
According to new scenarios released Thursday by the World Bank, developing countries could control some 158 trillion dollars (at 2010 rates) by 2030, particularly in East Asia and Latin America. By that time, the developing world could account for 87 to 93 ...
World Bank Group : Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report
4-traders - 5/17/2013 5:04:24 AM
Developing countries' share in global investment is projected to triple by 2030 to three-fifths, from one-fifth in 2000, says the report, titled 'Capital for the Future: Saving and Investment in an Interdependent World'. With world population set to rise ...
Why current account deficit continues to be a worry
Firstpost - 5/7/2013 9:33:58 AM
In such a situation, the country is said to be running a current account deficit (CAD). In technical terms, the CAD is the difference between total value of imports and the sum of the total value of its exports and net foreign remittances. In 2012 ...
A relief for current account deficit: foreign exchange in service sector
Turkish Weekly - 5/18/2013 6:14:48 AM
Both the settlement of the internal balances with the IMF program ... With this surplus, the country tries to compensate for the deficit in merchandise trade. The $333 billion total current account deficit of the last decade, which corresponds to an ...
Developing countries’ savings to jump to $79tr by 2030
Gulf News - 5/17/2013 12:39:33 AM
With world population set to rise from 7 billion in 2010 to 8.5 billion 2030 and rapid aging in the advanced countries, demographic changes will profoundly influence these structural shifts, it said. “With developing countries on course to add more than ...