Current Account Balance: -$16.68 billion (2012 est.)
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 December 6, 2013See Also
Related Data From the International Monetary Fund
Variable: Current account balance
Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.
Units: U.S. dollars
Country-specific Note: Source: Central Bank Latest actual data: 2010 Notes: Data for the period 1979 to 2004 are from IFS, while for the period 2005 to 2008 data come from the Central Bank. Please note that IFS does not provide data for 1998, instead, we use data from Eurostat. No data on BOP are available prior to 1976. Please note that there are inconsistencies between the BOP data and national accounts data that cannot be reconciled. BOP Manual used: BPM 5 Primary domestic currency: Euros Data last updated: 09/2011
Source: International Monetary Fund - 2011 World Economic Outlook
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