|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
ECB Says More Trade Can Be Solution to Current-Account Deficits
hellenicshippingnews.com - 3/22/2017 10:02:29 PM
On the assumption that other countries will eventually catch up, part of the income gain is saved to smooth consumption over time, raising the current-account balance — a measure ... compared to the rest of the world. Although the U.S. deficit has ...
Malta registered current account surplus of €256.2 million in Q4 of 2016
Gozo News - 3/20/2017 10:09:02 AM
Provisional figures for Malta’s external transactions show that during October-December 2016 the current account balance recorded a surplus of ... the reserve assets of the country decreased by €57.5 million compared to an decline of €18.0 million ...
Pakistan’s current account deficit widens 121%
The Express Tribune - 3/20/2017 11:59:24 PM
... being the biggest determinant of current account balance, a deficit or surplus in the current account reflects whether a country is a net borrower or net lender with respect to the rest of the world. However, according to experts, there are many ...
Current account surplus narrows sharply in 2016
BusinessWorld Online - 3/17/2017 11:55:48 PM
Still, the country’s overall balance of payments ... with the rest of the world during a specific period. A deficit shows that more funds went out of an economy against what flowed in. Apart from the current account, fund placements as measured under ...
Top 20 Countries With The Largest Surplus In Current Account Balance
worldatlas.com - 2/12/2017 11:59:08 PM
When a country has a positive current account balance, it usually means that the country is a net lender to the rest of the world and the value of the country’s imports is less than the value of exports. Whereas when a country has a negative current ...
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.
India's current account deficit rises in third quarter
Net India 123 - 3/23/2017 3:13:17 PM
India's current account deficit (CAD ... the CAD widened primarily on account of a decline in net invisible receipts," the Reserve Bank of India said in a statement here on the country's Balance of Payments (BoP) during the third quarter.
This Is How Many Barrels of Oil the 13 OPEC Countries Produced Last Month
Billings Gazette - 3/24/2017 5:46:36 AM
Yet six of the 10 largest oil-producing countries in the world are OPEC members. Combined, these six countries -- Iran, Iraq, Kuwait, Saudi Arabia, United Arab Emirates, and Venezuela -- account for ... per barrel or above to balance its national budget.
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 ...
World Current Account Balance Map
mapsofworld.com - 3/15/2017 1:21:05 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 ...
South African current account deficit near six-year low; inflation slows
NASDAQ - 3/22/2017 6:53:23 AM
Current account deficit narrows to 1.7 pct of GDP * Trade balance swings to surplus in Q4 * Inflation ... South Africa's current account deficit narrowed as demand for the country's commodities rose and inflation slowed, giving policymakers room to leave ...
Current Account Balance
indonesia-investments.com - 3/14/2017 11:59:21 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.
Balance of payments by country
knoema.com - 12/31/1998 11:55:10 PM
The Balance of Payments ... and the non-residents of a country or of a economic area during a given period. The Balance of payments provides harmonized information on international transactions which are part of the current account (goods, services ...
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 - 3/17/2017 10:15:35 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.