|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
UK narrows current account deficit after major data error
Reuters - 12/6/2016 1:35:17 AM
Trade in goods and services is the largest component of a country's current account balance. "It's a difficult area of the economy to measure, in fairness to the ONS, but these are big revisions and you get this unease in drawing firm conclusions on the ...
Current account slips into deficit after 4 years
customstoday.com.pk - 12/6/2016 11:43:44 AM
DHAKA: The current account balance has slipped ... there may be more pressure on the balance of payments, said a BB official. But there is no cause for immediate concern as the foreign currency reserve in the country is at a satisfactory level, he added.
Economics: What is the current account balance of every country in the world, summed up?
www.quora.com - 4/23/2015 11:55:39 PM
Fundrise: Introducing a superior investing platform. Smart. Simple. Direct. Get started in seconds. In theory, zero. All current account deficits should be balanced out by current account surpluses. Due to reporting/estimation errors, fraud, and rounding ...
'The worst is over for Qatar's trade balance': BMI Research
Al Bawaba - 11/28/2016 5:33:50 AM
Qatar’s foreign reserves, currently estimated at $35bn, cover more than a year of imports, BMI Research said and noted that the country’s current account ... World Cup will put upward pressure on imports, limiting the improvements in Qatar’s trade ...
U.K.'s Risky Current-Account Deficit Isn’t as Big as Was Thought
bloomberg.com - 12/6/2016 11:50:54 AM
It will publish its next estimate of third-quarter economic growth on Dec. 23, when it will also release balance of payments data for the three months. The record current-account deficit ... the European Union and other countries are as yet unknown.”
World Bank Group Launches its 5th Economic Update for Ethiopia
africa-ontherise.com - 12/7/2016 6:41:54 AM
Over the past decade, Ethiopia has been one of the fastest growing economies in the world with growth averaging 10.9% ... that the performance of the export sector and the current account balance however has been weak. The chronic current account deficit ...
ONS admits multi-billion pound error over current account deficit
Yahoo Finance UK and Ireland - 12/6/2016 6:10:17 PM
The Office for National Statistics (ONS) has admitted that a "processing error" has resulted in a multi-billion pound overestimate of the UK's current account gap with the rest of the world ... flowing into and out of the country - is not as bad as ...
New Report on Unrecorded Capital Flight Finds Developing Countries are Net-Creditors to the Rest of the World
gfintegrity.org - 12/5/2016 9:31:54 PM
Excluding China from the developing world total reduces the magnitude of cumulative net resource transfers from the remaining developing countries to about US$11.7 trillion. This reduction is due to China’s large current account surpluses, associated ...
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 ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 11/29/2016 11:19:14 PM
Current account refers ... is known as balance of trade (or trade balance). 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.
Current Account Balance By Country
www.quandl.com - 7/14/2013 11:58:13 PM
This page shows Current Account Balance ... the Country Page icon to see a collection of 65+ economic, demographic and societal indicators for that country. Countries are grouped by region. A single sortable table showing all the countries of the world ...
Current account balance improves as deficit shrinks $1 billion
The Express Tribune - 9/19/2015 12:13:24 AM
The current ... account balance in the last two months was mainly because of shrinking trade deficit in both goods and services. A deficit or surplus reflects whether a country is a net borrower or lender of capital with respect to the rest of the world.
Demonetisation effect: Deposits in Jan Dhan accounts swell by 88% in November
Times of India - 12/6/2016 6:03:08 PM
November alone witnessed deposits of Rs 2,987 crore which is among one of the highest in the country. As on November 30, Rajasthan had 1.89 crore accounts with deposits of Rs 6,311.16 crore. Out of this, nearly 37 lakh were with zero balance accounts.
Balance of Payment, Current Account, Capital Account
termpaperwarehouse.com - 11/2/2016 8:59:28 PM
Balance of payments: The balance of payments of a country is the record ... net income from abroad and net current transfers. A positive current account balance indicates that the nation is a net lender to the rest of the world, while a negative current ...
United Kingdom narrows current account deficit after major data error
Canal CNC Arauca - 12/7/2016 1:26:57 AM
Trade in goods and services is the largest component of a country's current account balance. The statistics agency's mistake originated from the way it factored in trade in gold, which is part of a category called "erratics" that also includes aircrafts ...