|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
Current account deficit surges 152 percent in July
Business Recorder - 8/19/2016 9:16:49 PM
The country's current account deficit sharply increased by 152 percent during the first month of current fiscal year (FY17) primarily due to lower remittances and services exports. Economists said the deterioration in current account balance will be ...
IMF Cannot Quit Fiscal Consolidation (in Asian Surplus Countries)
Council on Foreign Relations - 8/21/2016 11:59:06 PM
In theory, the IMF now wants current account surplus countries to rely more heavily on fiscal stimulus and less on monetary stimulus. This shift makes sense in a world marked by low ... China’s “augmented fiscal balance.” And the Fund thinks that ...
Current account surplus may revert to deficit this year – ING
Manila Bulletin - 8/25/2016 2:21:41 PM
The current account is part of the balance of payments (BOP) composition, as is capital account and financial account. As of end-July, the country has a BOP surplus position of $848 million. For 2016, the central bank expects total BOP surplus of $2 ...
Marc Faber: The current system in the developed markets is not sustainable
Yahoo Finance - 8/24/2016 12:35:30 PM
The global balance of economic power has notably shifted over the past decade. Now emerging and developing economies account for almost 60 ... China occupies an important space in the current economic landscape. The country embraced the infrastructure ...
Africa’s children to account for 40 percent of world’s poorest people by 2030: Thinktank
Financial Express - 8/25/2016 3:37:26 AM
African children will account for more than 40 percent of the world’s poorest people in 2030, almost double the current share ... noting that Africa’s most populous country with 188 million people has the largest number of children out of school ...
Exploring The Current Account In The Balance Of Payments
Investopedia - 10/18/2014 7:59:17 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 ...
Why certain countries are great at particular sports?
www.deviantworld.com - 8/25/2016 6:22:05 AM
And no country produces the quantity or quality of polo players the same way Argentina does. Six of the world’s current top 10 ranked men’s squash players are Egyptian. Of the 14 Men’s World Squash Championships held since 2002, Egyptians account for ...
Brazil’s Current Account Gap Widens More Than Forecast in July
Bloomberg - 8/24/2016 4:57:22 AM
(Bloomberg) -- Brazil’s current account deficit widened more than economists forecast in July as recent currency gains weighed on the country’s trade balance. The gap in the current account, the broadest measure of trade in goods and services ...
PRB projects world population rising 33 percent by 2050 to nearly 10 billion
scienmag.com - 8/25/2016 6:29:14 AM
This year's edition provides the latest data on 19 key population, health, and environment indicators for the world, major regions, and more than 200 countries. PRB also added six indicators and analytical graphics that explore the balance between ...
The Causal Relationship between Current Account and Financial Account Balance in Selected CEE Countries
www.researchgate.net - 8/22/2016 5:49:51 AM
We conclude that at least one component of financial account balance Granger causes current account in Croatia, Poland, Romania and Slovenia while the causality running from the current account to at least one component of financial account in Poland ...
Difference Between A Current Account And Savings Account
Yahoo Finance India - 8/17/2016 9:23:22 AM
Most of us were initiated into the world ... is a Current Account? As with a Savings Account, you can open a Current Account with any public or private sector bank. However, it makes sense only for businesses because no interest is given on the balance ...
Components of Balance of Payments: (1) Current Account; (2) Capital Account
yourarticlelibrary.com - 8/20/2016 7:06:47 PM
Current account ... trade balance). 2. Export and Import of Services (Invisible Trade): 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.
World wants platinum, says Northam’s Dunne of R7bn plan
Mining MX - 8/25/2016 7:47:59 AM
In an interview with Mining in July, he told how the country’s ... which is less than world economic gross domestic product growth, the platinum market will demand 9 million ounces of platinum by 2025. Compare this to the current available production ...
India Ranked 7th Wealthiest Nation of The World; Beats Australia, Canada In Wealth Creation
Trak.in - 8/24/2016 9:36:32 AM
As per latest ranking released by New World Wealth, India is right now world’s 7th most wealthiest country based on the individual assets of their citizens. Note here, that this ranking has not been calculated as per the current GDP of individual ...
In Nigeria, older banks now lead in innovation By Eyiuche Chukwuweike
informationng.com - 8/24/2016 11:55:32 PM
In 1945, as the Second World War grinded to a bitter halt ... and it has continued this year as the bank steadily grows in balance sheet size and profitability despite the current economic challenges facing the country. Wema Bank is Nigeria’s oldest ...