|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
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
In theory, zero. All current account deficits should be balanced out by current account surpluses. Due to reporting/estimation errors, fraud, and rounding, in practice not so. The sum was negative for a while, but in the mid 2000s it turned positive.
Balance of payments: Current account deficit widens 92%
The Express Tribune - 1/19/2017 1:26:03 AM
With the difference between exports and imports being the biggest determinant of current account balance, a deficit/surplus reflects whether a country is a net borrower/lender with respect to the rest of the world. Increase in the current account deficit ...
Zimbabwe: Current Account Deficit to Narrow, Says BMI
AllAfrica - 2/16/2017 9:56:53 AM
A LONDON-BASED research firm has predicted an improvement in the country's current account deficit this year ... likely see some improvement in the country's exporting sectors and balance of payments dynamics. However, at best, such a process will be ...
Exploring The Current Account In The Balance Of Payments
Investopedia - 2/19/2016 4:57:14 AM
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 ...
Japan wants Trump to understand country's trade issues: government spokesman
Reuters - 2/8/2017 3:18:21 AM
Suga also said the government would closely monitor the nation's current account balance, which would be affected by the domestic and overseas economies, forex, commodity prices and yield movements. (Reporting by Kaori Kaneko; Editing by Sam Holmes)
Why Did China’s 2016 Current Account Surplus Fall?
Council on Foreign Relations - 2/17/2017 8:47:06 PM
China would be far better off if had used a rise in central government social expenditure to support demand, not yet another wave of off-balance sheet borrowing ... spillovers for the rest of the world. China’s current account surplus for 2016 fell ...
Nintendo Switch eShop Purchases Will Be Tied to a User Account
IGN - 2/17/2017 4:43:43 PM
A NeoGAF user who received one of the new consoles early has apparently found a statement saying: "Your Nintendo account contains your Nintendo eShop purchase history and current balance ... is the best website in the world, but is actually just his ...
2.13 The Balance of Payments on Current Account Why do countries trade with each other?
slideplayer.com - 1/31/2013 11:59:26 PM
... The balance of payments on current account Why do countries trade with each other? International Trade. Balance of Payments The Balance of Payments is a record of a country’s transactions with the rest of the world. The B of P consists. Balance of ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 2/12/2017 5:36:46 AM
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
indonesia-investments.com - 2/7/2017 11:57:55 PM
Below, we provide an analysis of Indonesia's current account balance. What is a Current Account ... it implies that the country is a net borrower from the rest of the world and thus needs capital or financial flows to finance this deficit.
As already described, the current account balance is
www.coursehero.com - 4/7/1998 11:58:02 PM
Unformatted text preview: As already described, the current account balance is always matched by the change in a country’s net financial claims on the rest of the world. These claims, the contents of the financial account plus the change in reserves ...
World Current Account Balance Map
mapsofworld.com - 2/15/2017 6:04:50 PM
The World Current Account Balance map 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 ...
Balance of Payment, Current Account, Capital Account
termpaperwarehouse.com - 2/6/2017 5:39:43 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 ...
Germany’s current-account surplus is a problem
The Economist online - 2/10/2017 12:02:42 AM
WHAT awkward timing. On February 9th Germany reported the world’s largest current-account surplus, of about €270bn (almost $300bn), beating even China’s. Meanwhile, the country with the world’s biggest deficit remains America, which under its new ...