China recorded a Current Account surplus of 1807 USD Hundred Million in the fourth quarter of 2024. This dataset provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about China Current Account Balance: % of GDP

• China Current Account surplus accounted for 3.1 % of the country's Nominal GDP in Sep 2024, compared with a 1.2 % surplus in the previous quarter.
• China Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1998 to Sep 2024, with an average value of 2.1 %.
• The data reached an all-time high of 11.0 % in Dec 2006 and a record low of -1.7 % in Mar 2020.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The State Administration of Foreign Exchange provides Current Account Balance in USD. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.


Key information about China Current Account Balance: % of GDP

• In the latest reports of China, Current Account recorded a surplus of 147.6 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) fell by 8.3 USD bn in Sep 2024.
• China Direct Investment Abroad expanded by 34.5 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 24.0 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 4,166.8 USD bn in Mar 2023.

The current account balance in China was forecast to increase between 2024 and 2029 by in total 21.8 billion U.S. dollars (+8.27 percent). This overall increase does not happen continuously, notably not in 2026, 2027, 2028 and 2029. The account balance is estimated to amount to 285.47 billion U.S. dollars in 2029. This indicator describes the current account balance. Regarding the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items.Find more statistics on other topics about China with key insights such as the budget balance in relation to the gross domestic product, the growth of the real the gross domestic product, and the share in the global GDP adjusted for purchasing power parity.

Graph and download economic data for Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for China (CHNB6BLTT02STSAQ) from Q1 1998 to Q3 2024 about current account, BOP, and GDP.

Key information about Hong Kong SAR (China) Current Account Balance

• Hong Kong SAR (China) Current Account recorded a surplus of 15.4 USD bn in Sep 2024, compared with a surplus of 12.6 USD bn in the previous quarter.
• Hong Kong SAR (China) Current Account Balance: USD mn data is updated quarterly, available from Mar 1999 to Sep 2024, with an averaged value of 4.3 USD bn.
• The data reached an all-time high of 15.4 USD bn in Sep 2024 and a record low of -3.7 USD bn in Jun 2014.
• CEIC converts quarterly Current Account Balance into USD. Census and Statistics Department provides Current Account Balance in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
• Foreign Direct Investment (FDI) increased by 27.0 USD bn in Sep 2024.
• Hong Kong SAR (China) Direct Investment Abroad expanded by 13.2 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 1.2 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 91.4 USD bn in Mar 2023.

China Balance of Payment: Current Account Balance: as % of GDP data was reported at 3.168 % in 2026. This records an increase from the previous number of 2.922 % for 2025. China Balance of Payment: Current Account Balance: as % of GDP data is updated yearly, averaging 1.903 % from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 9.949 % in 2007 and a record low of -2.937 % in 1985. China Balance of Payment: Current Account Balance: as % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Balance of Payments: Current Account: Forecast: Non OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP

Graph and download economic data for Current Account Balance: Total Trade of Goods for China (DISCONTINUED) (BPBLTD01CNQ637S) from Q1 1998 to Q2 2013 about current account, BOP, China, trade, and goods.

This statistic shows the United States goods trade deficit with China from 2014 to 2024. In 2024, the value of U.S. imports from China exceeded the exports to China by around 295.4 billion U.S. dollars.

China had the highest positive current account balance of the 19 countries that are members of the G20, reaching over 400 billion U.S. dollars in 2022. By comparison, the current account balance of the United States was a negative of about 970 billion U.S. dollars, but was forecast to drop below a deficit of 770 billion dollars by 2027.

Graph and download economic data for Current Account Balance: Total Trade of Goods for China (DISCONTINUED) (BPBLTD01CNA637N) from 1998 to 2012 about current account, BOP, China, trade, and goods.

Key information about Hong Kong SAR (China) Current Account Balance: % of GDP

• Hong Kong SAR (China) Current Account surplus accounted for 14.7 % of the country's Nominal GDP in Sep 2024, compared with a 13.0 % surplus in the previous quarter.
• Hong Kong SAR (China) Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1999 to Sep 2024, with an average value of 6.2 %.
• The data reached an all-time high of 20.8 % in Dec 2008 and a record low of -5.5 % in Jun 2014.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Census and Statistics Department provides Current Account Balance in local currency and Nominal GDP in local currency.


Key information about Hong Kong SAR (China) Current Account Balance: % of GDP

• In the latest reports of Hong Kong SAR (China), Current Account recorded a surplus of 15.4 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 27.0 USD bn in Sep 2024.
• Hong Kong SAR (China) Direct Investment Abroad expanded by 13.2 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 1.2 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 91.4 USD bn in Mar 2023.

China recorded a trade surplus of 104.84 USD Billion in December of 2024. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, the current account balance in China was approximately 402 billion U.S. dollars. In comparison, the current account balance in India showed a deficit of approximately 79 billion U.S. dollars in that year.

Graph and download economic data for Total Current Account Balance for China (DISCONTINUED) (BPBLTT01CNQ637N) from Q1 1998 to Q2 2013 about current account, BOP, and China.

China Balance of Payment: USD: Current Account data was reported at 640.502 USD bn in 2026. This records an increase from the previous number of 559.068 USD bn for 2025. China Balance of Payment: USD: Current Account data is updated yearly, averaging 43.052 USD bn from Dec 1982 (Median) to 2026, with 45 observations. The data reached an all-time high of 640.502 USD bn in 2026 and a record low of -9.003 USD bn in 1985. China Balance of Payment: USD: Current Account data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Balance of Payments: Current Account: USD: Forecast: Non OECD Member: Annual. CBD-Current account balance, value in USD - According to the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).

The current account balance as a share of the GDP in China was forecast to continuously decrease between 2024 and 2029 by in total 0.3 percentage points. According to this forecast, in 2029, the share will have decreased for the fourth consecutive year to 1.16 percent. This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.Find more statistics on other topics about China with key insights such as the total investment as a share of the GDP, the average inflation rate, and ratio of the national debt to the gross domestic product.

China Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data was reported at 0.870 % in 2021. This records an increase from the previous number of 0.601 % for 2020. China Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data is updated yearly, averaging 1.791 % from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 9.948 % in 2007 and a record low of -2.876 % in 1985. China Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: Balance of Payments: Current Account: Forecast: Non OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6):https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

China BoP: Current Account (CA) data was reported at 147.580 USD bn in Sep 2024. This records an increase from the previous number of 54.525 USD bn for Jun 2024. China BoP: Current Account (CA) data is updated quarterly, averaging 43.150 USD bn from Mar 1998 (Median) to Sep 2024, with 107 observations. The data reached an all-time high of 151.478 USD bn in Sep 2022 and a record low of -52.252 USD bn in Mar 2020. China BoP: Current Account (CA) data remains active status in CEIC and is reported by State Administration of Foreign Exchange. The data is categorized under Global Database’s China – Table CN.JF: Balance of Payments (BPM6): Quarterly.

Graph and download economic data for Current Account Balance: Total Transfers for China (DISCONTINUED) (BPBLTF01CNA637N) from 1998 to 2012 about transfers, current account, BOP, and China.