|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
2MFY15: Current account deficit doubles to $1.37 billion
The Express Tribune - 9/19/2014 9:38:06 PM
With the difference of exports and imports being the biggest determinant of the current account balance, a deficit/surplus reflects whether a country is a net borrower/lender with respect to the rest of the world. Speaking to The Express Tribune ...
July-August current account deficit soars to $1.37 billion
Business Recorder - 9/19/2014 11:11:10 PM
The country's current account balance continued to deteriorate and posted a deficit ... on account of Coalition Support Fund a few weeks ago, while oil prices in the world market fell by some 5-6 percent, resulting in lower oil import bill," he added.
Eurozone's current-account surplus widens slightly
Market Watch - 9/19/2014 4:55:57 AM
FRANKFURT--The eurozone's current account surplus widened slightly in July, continuing to signal some strength in the currency bloc's export economy, data from the European Central Bank showed Friday. The current account balance, a broad measure of an ...
Current account deficit widens by 136pc to $1.3 billion
The News International - 9/20/2014 1:27:10 AM
KARACHI: Pakistan’s current account deficit widened ... and security situation in the country were the main reasons behind lowering exports, while government policies encouraging imports adversely affected the trade balance. Aslam said the deficit ...
New Zealand's Current Account Drops Into Red Zone, Economy Picks Up In Q2
Action Forex - 9/18/2014 7:48:56 AM
Unlike the rest of the world you've got very strong domestic demand ... Year-on-year, the deficit grew to $5.8 billion, which accounts to 2.5% of country's GDP. As analysts expected the current account balance to be slightly better than reported data ...
Countries with the largest current account balance
Mongabay - 1/24/2010 11:57:35 PM
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 ...
Exploring The Current Account In The Balance Of Payments
Investopedia - 6/14/2013 12:45:07 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 ...
Current Account Deficit Unexpectedly Narrowed in Q2
Forex Street - 9/17/2014 2:45:18 PM
The manageable current account deficit ... called “trade balance” widened to roughly $130 billion in Q2 from about $125 billion in Q1. The $59 billion surplus in trade in services partly offset the $189 billion deficit that the country incurred in ...
Who Will Run the World’s Deficits?
PROJECT SYNDICATE - 11/6/2013 11:57:50 PM
SINGAPORE – These days everyone seems to want to run a current-account surplus ... the ability of other major deficit countries, like Brazil and India, to absorb capital flows is reaching its limit. Since the world is a closed system, this raises ...
World Economic Outlook
International Monetary Fund - 4/8/2003 11:53:06 PM
The World Economic Outlook presents the IMF staff's ... 1.6 Selected Western Hemisphere Countries: Real GDP, Consumer Prices, and Current Account Balance 1.7 Selected Asian Countries: Real GDP, Consumer Prices, and Current Account Balance 1.8 European ...
US current account deficit dips to $98.5 billion
4 - 9/17/2014 4:39:50 PM
Economists carefully track the current account deficit because it is a measure of how much foreign financing the country needs. The second quarter deficit represented 2.3 per cent of total economic output, as measured by the gross domestic product ...
Definition of 'Current Account'
Economic Times - 9/18/2014 2:15:29 PM
Definition: Current account is one of the two component accounts of the balance of payments of a nation. It records the trade of goods and services of an economy with other countries of the world. Description: Current account includes three components ...
World's Largest Gold Producing Countries: South Africa
Forbes - 6/20/2014 3:40:44 PM
Editor’s Note: Kitco News will be releasing a daily feature during the week of June 16 – June 20 focusing on the world’s top five gold producing countries ... 64% of the world’s output. Today it accounts for a little over 6%.
Cause of U.S. Current Account Deficit - Savings Rate or Pegged Exchange Rate?
Seeking Alpha - 4/14/2010 10:55:30 AM
Over the last few weeks, two Nobel Laureates, Paul Krugman and Joseph Stiglitz and another economist, Stephen Roach, have been engaged in a public debate about the causes of the US Current account ... to only a few countries in the world.
World Population Unlikely to Stop Growing This Century
Scientific American - 9/19/2014 1:02:43 PM
Many African countries ... of world population by the United Nations have spanned a wide range of scenarios. These include a 'medium' projection based on the current and expected global fertility rate, and higher and lower estimates that take into account ...