In 2025, Germany is predicted to have the highest current account surplus among the 19 G20 member countries, exceeding *** billion U.S. dollars. Conversely, the United States had the largest current account deficit at approximately ****** billion U.S. dollars, with projections indicating a continued deficit of around ****** billion dollars by 2028.

This dataset provides values for CURRENT ACCOUNT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2022 based on 175 countries was -2.64 percent. The highest value was in Kiribati: 35.68 percent and the lowest value was in Palau: -60.03 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

This dataset provides values for CURRENT ACCOUNT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2022, the current account balance in Singapore was approximately at ** percent of the country's GDP. In comparison, the current account balance in Cambodia was approximately *** percent of the nation's GDP in 2022.

Graph and download economic data for Balance of Payments BPM6: Current Account Balance: Total: Total Balance as % of GDP for the Euro Area (19 Countries) (EA19B6BLTT02STSAQ) from Q1 1999 to Q4 2022 about current account, BOP, Euro Area, Europe, and GDP.

Key information about European Union Current Account Balance: % of GDP

• European Union Current Account surplus accounted for 2.7 % of the country's Nominal GDP in Dec 2024, compared with a 2.8 % surplus in the previous quarter.
• EU Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1999 to Dec 2024, with an average value of 0.8 %.
• The data reached an all-time high of 4.2 % in Sep 2017 and a record low of -1.8 % in Jun 2008.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. Eurostat provides Current Account Balance in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.


Key information about European Union Current Account Balance: % of GDP

• In the latest reports of EU, Current Account recorded a surplus of 133.2 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 4.8 USD bn in Nov 2024.
• EU Direct Investment Abroad expanded by 7.2 USD bn in Nov 2024.
• Its Foreign Portfolio Investment increased by 239.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 4,430.4 USD bn in Mar 2023.

The average for 2023 based on 148 countries was 1.95 billion U.S. dollars. The highest value was in Germany: 268.67 billion U.S. dollars and the lowest value was in the USA: -905.38 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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.

Key information about Norway Current Account Balance: % of GDP

• Norway Current Account surplus accounted for 15.3 % of the country's Nominal GDP in Dec 2024, compared with a 16.6 % surplus in the previous quarter.
• Norway Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1981 to Dec 2024, with an average value of 7.3 %.
• The data reached an all-time high of 38.9 % in Sep 2022 and a record low of -11.8 % in Jun 1986.

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


Key information about Norway Current Account Balance: % of GDP

• In the latest reports of Norway, Current Account recorded a surplus of 27.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 1.9 USD bn in Sep 2024.
• Norway Direct Investment Abroad fell by 53.1 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 6.3 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 128.6 USD bn in Mar 2023.

Graph and download economic data for Current Account Balance for Georgia (GEOBCAGDPGDPPT) from 2000 to 2025 about Georgia, current account, BOP, and REO.

Most notable about the account balance in the Nordic countries is the rapid increase in Norway since 2020, rising from *** percent in 2020 to over ** percent in 2022. The account balance of the other four countries was more stable, with Finland and Iceland both having a negative balance in 2022 and 2023.

Key information about United States Current Account Balance: % of GDP

• United States Current Account deficit accounted for 4.2 % of the country's Nominal GDP in Sep 2024, compared with a 3.8 % deficit in the previous quarter.
• US Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1960 to Sep 2024, with an average value of -1.8 %.
• The data reached an all-time high of 1.2 % in Jun 1975 and a record low of -6.3 % in Sep 2006.

CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Bureau of Economic Analysis provides Current Account Balance in USD and Nominal GDP in USD.


Key information about United States Current Account Balance: % of GDP

• In the latest reports of US, Current Account recorded a deficit of 310.9 USD bn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 96.6 USD bn in Sep 2024.
• US Direct Investment Abroad expanded by 96.8 USD bn in Sep 2024.
• Its Foreign Portfolio Investment increased by 637.6 USD bn in Sep 2024.
• The country's Nominal GDP was reported at 6,632.4 USD bn in Mar 2023.

Quarterly transactions in trade in goods and services, primary, secondary and investment income, transactions with EU and non-EU countries and capital account.

In 2020, the current account balance for the Middle East and North Africa was forecasted to be at a deficit approximate of *** percent of the GDP. As for 2022, the current account balance was projected to recover at *** percent.

The United States recorded a Current Account deficit of 450.17 USD Billion in the first quarter of 2025. This dataset provides the latest reported value for - United States Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Canada's current account covers international transactions in goods, services, compensation of employees, investment income and secondary income (current transfers). Canada's capital account covers international capital transfers and transactions in non-produced non-financial assets. Annual data are available for 6 countries/regions and for all countries aggregated.

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 United States had the largest account deficit of the G7 countries between 2010 and 2023. Moreover, its deficit increased sharply from 2019 to 2022, from minus *** billion U.S. dollars to minus ************ dollars in 2024. The account balance of the other six countries fluctuated more, with Germany having the highest positive balance at *** billion U.S. dollars. In terms of share of gross domestic product (GDP), the United Kingdom had the highest account balance deficit of the G7.

Indonesia: Current account balance as percent of GDP: The latest value from 2022 is 0.5 percent, an increase from 0.29 percent in 2021. In comparison, the world average is -2.64 percent, based on data from 175 countries. Historically, the average for Indonesia from 1980 to 2022 is -0.65 percent. The minimum value, -6.5 percent, was reached in 1983 while the maximum of 4.45 percent was recorded in 2000.