|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
Exploring The Current Account In The Balance Of Payments
Yahoo! Finance - 6/15/2013 9:52:08 AM
The Current Account The balance of the current account tells us if ... 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 ...
Warnings Lurk in the Euro Zone’s Current Account
Wall Street Journal - 6/13/2013 11:59:11 PM
In 2007, Germany had a huge current-account surplus worth 7.5% of GDP. Other core countries, like Finland, Austria and the Netherlands, also had very substantial surpluses. To maintain balance with the rest of the world, those surpluses were ...
Current-Account Deficit in U.S. Widens 3.7% in First Quarter
Businessweek - 6/14/2013 12:37:58 PM
which is the biggest part of the current account deficit. At the same time, the balance of payments shortfall is a reminder that the world’s largest economy remains dependent on foreign investors for funding. “Growth in the U.S. remains ...
What Is The Balance Of Payments?
Yahoo! Finance - 6/13/2013 11:56:12 AM
The Balance of Payments Divided The BOP is divided into three main categories: the current account, the capital account and the financial account. Within these three categories are sub-divisions, each of which accounts for a different type of ...
Current Account: Risks of Too Much Oneness
Wall Street Journal - 6/18/2013 2:24:46 AM
“E pluribus unum,” “out of many, one” is a great motto for a multicultural nation like the U.S. For investors, not so much. Yet, for the past few years, the phrase emblazoned on the U.S. seal has been the perfect description of the ...
Czech and Polish current accounts improve significantly
Forex Street - 6/18/2013 11:14:29 AM
Recall that following a huge March’s deficit generated by unusually dividend outflows (CZK 50mn), the Czech current account returned back to surplus. Overall the current account deficit on annual basis hovers at around 2% of GDP, which is ...
Current account posts $1.95bn deficit
thenews.com.pk - 6/18/2013 8:15:31 AM
Pakistan attracted an amount of $1.318 billion between July 2012 and May 2013 under the head of FDI after a gap of two years as a result of oil and gas explorations as well as the food and financial sectors. Analysts said the proposals put forward by the ...
China Revises Down 1Q Capital, Current Account Surpluses
The Wall Street Journal - 6/18/2013 7:46:53 AM
BEIJING--China's foreign exchange regulator on Tuesday revised down its estimate of net current and capital account inflows in the first quarter. The State Administration of Foreign Exchange revised its estimate of the current account surplus ...
Current account surplus doubles
Japan Times - 6/10/2013 2:51:33 PM
The country’s current account surplus in April jumped 100.8 percent to ¥750 billion year on year on the back of a record income account surplus, Finance Ministry data showed Monday. The current account balance resulted in a surplus for the ...
World Bank roots for weaker shilling to boost exports
businessdailyafrica.com - 6/18/2013 8:54:18 PM
The World Bank says trade balance would improve by making Kenya’s exports cheaper in the international markets and imports relatively more expensive. But analysts warn against a sudden fall in the value of the currency as happened in October 2011 when ...
Current account widens in first quarter
TownhallFinance.com - 6/14/2013 12:23:39 PM
The Commerce Department said the current account deficit, which measures the flow of goods, services and investments into and out of the country, fell from a downwardly revised $102.3 billion in the fourth quarter. Most of the widening came from ...
Why do we count gold imports in the current account?
Mint - 6/11/2013 1:31:38 PM
Why do gold imports get counted in the current account and not the capital account in a country’s balance of payment (BoP ... Indian household gets for soaking up a quarter of the yearly world demand for gold that costs an outflow of billions of dollars ...
Gold's global fall is bad news for India's economy
Oneida Dispatch - 6/18/2013 8:54:18 PM
Gold is synonymous with savings and security for many of India’s 1.24 billion people ... Even bankers and lawyers still think of buying gold jewelry as a foolproof financial strategy. And with both the capital markets and real estate losing ...
World Bank Expects Muted Global Growth, Led By Developing World
L'online di Tribuna Economica - 6/14/2013 5:49:56 AM
However, the pick-up in developing countries ... for the first time in 10 years. Also, there is heightened speculation that the US may withdraw QE and widespread concern about its consequences. By going into these topical matters, the World Bank’s ...