|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
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: Crashing Oil Prices Might Wipe Out Nigeria's Excess Crude Account Balances, IMF Warns
AllAfrica - 5/10/2013 6:09:58 AM
Noting that world oil prices "are projected to decline", while remaining high by historical standards", he painted a bright future for the country when he predicted that Nigeria's external reserve would grow to over $80 billion in the next four years.
Rapid Current-Account Rebalancing in the Southern Eurozone
Wall Street Pit - 5/7/2013 7:06:37 PM
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 ...
Bank Indonesia : Current Account Improves in Q1/2013
4-traders - 5/15/2013 9:03:00 AM
Indonesia's external balance improved in Q1/2013 as expected. This was reflected in the reduced current account deficit at US$5.3 billion (2.4% of GDP), compared to the previous quarter's deficit of US$7.6 billion (3.5% of GDP). The improvement is ...
Wanted: export boost
Business Recorder - 5/19/2013 11:02:56 PM
April saw Pakistan’s current account balance improve by about 36 percent month-on-month. Figures for 10 months ending April 2013 also show a betterment of nearly 60 percent. Yet, questions loom large about the quality of this improvement.
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 ...
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.
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.
Q&A: Post Office current accounts
The Guardian - 5/19/2013 9:05:25 AM
It comes with a full banking service including a cash card but no debit card, chequebook or overdraft. The general view is that they don't look too bad. However, none of the accounts pays interest ... Several credit unions offer savings accounts ...
Trade deficit projected to be 6pc lower
SteelGuru - 5/20/2013 3:42:06 AM
The News International reported that market analysts expect the country’s trade deficit to narrow down by 6% to USD 15 billion in the current fiscal year. According to the data released by Pakistan Bureau of Statistics, the country’s trade deficit ...
Developing World to Dominate Global Investment by 2030
ipsnews.net - 5/17/2013 12:39:33 AM
and currently the chief economist with Global Financial Integrity, a Washington advocacy group, told IPS. “Our studies suggest that the unrecorded capital coming from developing countries is absolutely huge – the losers are losing far more than the ...
South Korea March Current Account Surplus Rises
NASDAQ - 4/29/2013 12:17:57 AM
The current-account surplus, the broadest measure of South Korea's trade with the rest of the world ... The current-account balance remained in the black for the 14th consecutive month, reinforcing market views that the country's fundamentals remain ...
investinganswers.com - 5/13/2013 6:16:34 PM
The capital account essentially is the left-hand side of a country's balance sheet, because it measures all of the physical and financial assets the country owns. Capital accounts are an important part of national accounting, which is a method of ...
Current account deficit likely to improve to 3.9% of GDP in FY'14: Report
articles.economictimes.indiatimes.com - 4/30/2013 6:24:49 PM
"India's current account balance has weakened significantly since FY2010-11, but we expect an improvement over the next two-three years, albeit at a gradual pace," Barclays said in a research note. CAD of a country represents the difference ...
Why current account deficit continues to be a worry
Firstpost - 5/7/2013 9:33:58 AM
as per World Bank data. But even with such large remittances being made, a country may not have enough foreign currency going around to pay for its imports. In such a situation, the country is said to be running a current account deficit (CAD). In ...