Time series data for the data The Current Account and Its Components - Current USD, TTM for the country China. The Current Account and Its Components The current account is a component of a country's balance of payments that records the transactions of goods, services, income, and current transfers between residents of the country and the rest of the world. It consists of four main components:

a. Trade in Goods Balance

b. Trade in Services Balance

c. Primary Income Balance

d. Secondary Income Balance

1. Trade in Goods Balance Definition: This includes the export and import of physical items such as machinery, food, clothing, etc.

Credit Example: A German car manufacturer exports cars to the United States (value of exported cars).

Debit Example: A German electronics retailer imports smartphones from South Korea (value of imported smartphones).

1. Trade in Services Balance Definition: This includes the export and import of services such as tourism, financial services, consulting, transportation, etc.

Credit Example: A German IT company provides software development services to a client in Japan (value of exported services).

Debit Example: A German tourist books a hotel room in France (value of imported tourism services).

1. Primary Income Balance Definition: This includes earnings from the provision of factors of production such as labor, financial assets, land, and natural resources. It covers income from interest, profits, and dividends.

Credit Example: A German investor receives dividends from shares held in a U.S. company (value of received dividends).

Debit Example: Foreign investors receive interest payments on bonds issued by a German company (value of interest payments).

1. Secondary Income Balance Definition: This includes current transfers such as foreign aid, remittances, and other one-way payments that do not involve an exchange of goods or services.

Credit Example: Remittances sent by German residents working abroad to their families in Germany (value of received remittances).

Debit Example: Germany sends humanitarian aid to a developing country (value of sent aid). Secondary Income Balance (USD)The indicator "Secondary Income Balance (USD)" stands at 14.19 Billion United States Dollars as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 0.6144 Billion United States Dollars compared to the value the year prior.The 1 year change is 0.6144 Billion United States Dollars.The 3 year change is -2.95 Billion United States Dollars.The 5 year change is 5.75 Billion United States Dollars.The 10 year change is 17.47 Billion United States Dollars.The Serie's long term average value is 12.42 Billion United States Dollars. It's latest available value, on 3/31/2025, is 1.77 Billion United States Dollars higher, compared to it's long term average value.The Serie's change in United States Dollars from it's minimum value, on 9/30/2017, to it's latest available value, on 3/31/2025, is +27.83 Billion.The Serie's change in United States Dollars from it's maximum value, on 9/30/2008, to it's latest available value, on 3/31/2025, is -29.66 Billion.Trade in Services Balance (USD)The indicator "Trade in Services Balance (USD)" stands at -227.06 Billion United States Dollars as of 3/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an decrease of -0.3885 Billion United States Dollars compared to the value the year prior.The 1 year change is -0.3885 Billion United States Dollars.The 3 year change is -141.70 Billion United States Dollars.The 5 year change is 23.05 Billion United States Dollars.The 10 year change is -17.70 Billion United States Dollars.The Serie's long term average value is -137.05 Billion United States Dollars. It's latest available value, on 3/31/2025, is -90.01 Billion United States Dollars lower, compared to it's long term average value.The Serie's change in United States Dollars from it's minimum value, on 12/31/2018, to it's latest available value, on 3/31/2025, is +65.52 Billion.The Serie's change in United States Dollars from it's maximum value, on 9/30/2007, to it's latest available value, on 3/31/2025, is -234.92 Billion.Trade in Goods Balance (USD)The indicator "Trade in Goods Balance (USD)" stands at 885.97 Billion United States Dollars as of 3/31/2025, the highest value at least since 6/30/2007, the period currently displayed. Regarding the One-Year-Change of the series, the current value constitutes an increase of 288.50 Billion United States Dollars compared to the value the year prior.The 1 year change is 288.50 Billion United States Dollars.The 3 year change is 301.62 Billion United States Dollars.The 5 year change is 553.89 Billion United States Dollars.The 10 year change is 376.42 Billion United States Dollars.The Serie's long term average value is 429.34 Billion United States Dollars. It's latest available value, on ...