|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.
Greek current account deficit widens in December, tourism revenue up
Reuters - 2/20/2017 4:22:51 AM
ATHENS, Feb 20 Greece's current account deficit grew in December 2016 compared to the same month a year earlier, the Bank of Greece said on Monday, as the surplus of the country's primary income balance shrank. The data showed the deficit reached 0.93 ...
A massive trade deficit in 2016, yet a current account surplus in BOP
Sri Lanka Time Online - 2/25/2017 9:06:14 PM
Disregarding fundamental weaknesses in the country’s trade balance owing to the current account surplus would be imprudent and hazardous. The trade deficit is likely to reach a new peak of more than US$ 9 billion that is higher than the large trade ...
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 ...
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 ...
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 ...
World of Warcraft's gold rush has upended Blizzard’s economy
Polygon - 2/20/2017 6:56:10 PM
There has been an economic panic in World of ... or Battle.net Balance!” You can buy a Token for $20 in the in-game cash store, and sell it on the Auction House, where another player can buy it with an amount of gold dictated by the current market ...
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 - 2/18/2017 9:21:42 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.
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 - 2/21/2017 2:41:27 AM
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 ...
Israelis Will Soon Be Mass Producing AK-47s for the U.S. Market
Daily Beast - 2/26/2017 10:13:39 AM
It is, they claim, the world’s best assault ... Agency (DECA), but also taking into account the views of the Foreign Ministry and if need be the Prime Minister’s Office. There was, he said, a need to balance “moral considerations against diplomatic ...
China's current account surplus set to continue falling, Oxford Economics says
ShareCast - 2/19/2017 11:58:00 PM
The foreign trade surplus, which was typically the main balance of the current account, would fall as export growth slowed ... stronger goods imports were projected thanks to higher demand from partner countries together with weakness in the country ...