|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
Balance of payments pressure eases in Q3
Live Mint - 3/5/2014 10:45:18 AM
The current account, an important measure of economic health, is the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers. Narrowing of the deficit was helped by curbs placed on gold ...
Balance of payments swings to surplus - RBI
Reuters Group PLC - 3/5/2014 3:10:09 PM
General elections are set to kick off on April 7. Polls have shown Congress losing support because of concerns about its economic management and corruption scandals. "Going forward, our projection is we will get about 2 percent current account ...
India's balance of payments swings to surplus: cbank
Financial Express - 3/5/2014 1:01:18 PM
India's current account deficit has narrowed from a record high of 4.8 percent of GDP in the 2012/13 fiscal year as the government has imposed stringent ... while the capital and financial account surplus fell sharply to $4.8 billion versus $30.8 billion ...
SSB - Statistics Norway : NOK 319 billion in current account surplus
4 Traders - 3/5/2014 1:29:56 PM
The surplus on Norway's current account with the rest of the world was almost NOK 100 billion lower in 2013 than in 2012. Around NOK 80 billion is due to a weaker balance of goods and services. The remaining NOK 20 billion is due to a balance of income and ...
EU Commission demands German action to balance foreign trade
Deutsche Welle - 3/5/2014 12:32:40 PM
The EU executive Commission has urged Germany to curb its trade surplus, identifying it as a risk to the eurozone economy. The country’s huge exports should be matched with higher domestic consumption and investment. Germany's massive current account ...
UPDATE 2-Indonesia Jan trade balance tips into deficit as export ban bites
Thomson Reuters - 3/3/2014 12:17:45 AM
JAKARTA, March 3 (Reuters) - Indonesia's trade balance ... to the current-account deficit from tighter monetary policy and weaker rupiah," said Hak Bin Chua, an economist at BofA Merrill Lynch Global Research. The country produced a deficit ...
External cheer: Current account deficit dips sharply
The Hindu Business Line - 3/5/2014 5:04:41 PM
A pick up in merchandise exports and moderation in imports, particularly gold imports, saw India’s current account deficit (CAD) narrow sharply to $4.2 billion (0.9 per cent of GDP) in the October-December period of 2013-14. CAD in the corresponding year ...
Who Will Run the World’s Deficits?
project-syndicate.org - 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 ...
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 ...
S.Korea's current account surplus reduces on one-off factor
Xinhua News Agency - 2/27/2014 2:09:52 AM
Current account surplus was 3.61 billion U.S. dollars in January, down from a 6.41-billion-dollar surplus in the prior month, according to the Bank of Korea (BOK). The current account balance stayed ... to China, the country's largest trading ...
Green light for current account balance
pakistantoday.com.pk - 11/20/2012 2:30:26 AM
The inflows, the SBP chief spokesman Syed Wasimuddin had confirmed, had put the country’s current account balance into a surplus since July. The central bank Monday reported that during the corresponding period of last year, July-Oct FY12, the country ...
Current-Account and Fiscal Deficits Show U.K. Economy Still Lacks Balance
The Wall Street Journal - 2/1/2014 11:54:52 PM
Yet there is one country that has ... government's 2010 budget forecast a current-account surplus of 0.9% in 2013, driven by a surge in exports. So what should one make of the latest deterioration in the U.K.'s balance of payments?
World Economic Outlook (WEO)
International Monetary Fund - 2/28/2014 2:44:28 AM
Classification by World Economic Outlook Groups and Their Shares ... and Status as Heavily Indebted Poor Countries A11. Advanced Economies: Balance on Current Account A12. Emerging Market and Developing Economies: Balance on Current Account A13.
Rediff.com » Business » India, world's 7th most economically confident country
Rediff - 12/7/2013 4:01:26 AM
Buoyed by healthy farm output and narrowing current account deficit, India is the seventh most economically confident country in the world, a study by global research firm Ipsos has said. Saudi Arabia is the most economically confident country, followed by ...