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.
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.
The current account balance in Egypt was forecast to increase between 2024 and 2029 by in total 2.9 billion U.S. dollars. This overall increase does not happen continuously, notably not in 2028 and 2029. The account balance is estimated to amount to -22.03 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 Egypt with key insights such as the gross domestic product in current prices, the current account balance as a share of the GDP, and the gross domestic product per capita.
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Ivory Coast CI: BOP: Current Account: Trade in Services: % of GDP data was reported at 10.490 % in 2016. This records a decrease from the previous number of 10.711 % for 2015. Ivory Coast CI: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 15.649 % from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 18.764 % in 2005 and a record low of 10.490 % in 2016. Ivory Coast CI: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ivory Coast – Table CI.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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United States CA: saar: Less: Other Current Transfers Paid data was reported at 1,021.811 USD bn in Sep 2018. This records an increase from the previous number of 992.528 USD bn for Jun 2018. United States CA: saar: Less: Other Current Transfers Paid data is updated quarterly, averaging 137.967 USD bn from Dec 1951 (Median) to Sep 2018, with 268 observations. The data reached an all-time high of 1,021.811 USD bn in Sep 2018 and a record low of 0.000 USD bn in Dec 1958. United States CA: saar: Less: Other Current Transfers Paid data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.AB073: Integrated Macroeconomic Accounts: Total Economy: Current Account.
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Key information about US External Debt
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Honduras HN: BOP: Current Account: Trade in Services: % of GDP data was reported at 20.817 % in 2017. This records a decrease from the previous number of 21.463 % for 2016. Honduras HN: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 20.079 % from Dec 1974 (Median) to 2017, with 44 observations. The data reached an all-time high of 28.199 % in 1999 and a record low of 7.756 % in 1987. Honduras HN: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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Afghanistan BOP: Current Account: Trade in Services: % of GDP data was reported at 9.044 % in 2020. This records a decrease from the previous number of 9.918 % for 2019. Afghanistan BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 11.942 % from Dec 2008 (Median) to 2020, with 13 observations. The data reached an all-time high of 23.334 % in 2011 and a record low of 8.581 % in 2017. Afghanistan BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Afghanistan – Table AF.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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.
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Ukraine UA: BOP: Current Account: Balance data was reported at -2.088 USD bn in 2017. This records a decrease from the previous number of -1.340 USD bn for 2016. Ukraine UA: BOP: Current Account: Balance data is updated yearly, averaging -1.315 USD bn from Dec 1994 to 2017, with 24 observations. The data reached an all-time high of 6.911 USD bn in 2004 and a record low of -16.518 USD bn in 2013. Ukraine UA: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ukraine – Table UA.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
In the second quarter of 2023, Ghana's current account balance amounted to a surplus of 172.3 million U.S. dollars, showing a huge improvement from the same period in 2022, when the country registered a deficit of 690.6 million U.S. dollars. Furthermore, in the period under review, the lowest deficit recorded on the country's imports and exports of goods and services, transfers, and payments made to foreign investors was reported in the third quarter of 2021, at minus 1.1 billion U.S. dollars.
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Malta MT: BOP: Current Account: Secondary Income: Net data was reported at 226.607 USD mn in 2017. This records a decrease from the previous number of 255.384 USD mn for 2016. Malta MT: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 57.187 USD mn from Dec 1971 (Median) to 2017, with 47 observations. The data reached an all-time high of 272.952 USD mn in 2014 and a record low of -58.095 USD mn in 2004. Malta MT: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Malta – Table MT.World Bank.WDI: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
The current account balance in Chile was forecast to continuously decrease between 2024 and 2029 by in total 5.7 billion U.S. dollar (76.41 percent). According to this forecast, in 2029, the account balance will have decreased for the fifth consecutive year to -13.13 billion U.S. dollars. 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 key insights for the current account balance in countries like Argentina, Paraguay, and Uruguay.
The current account balance in Brazil was forecast to decrease between 2024 and 2029 by in total 6.7 billion U.S. dollars (17.52 percent). This overall decrease does not happen continuously, notably not in 2027 and 2028. The account balance is estimated to amount to -44.94 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 Brazil with key insights such as annual change of the general government primary net lending, the gross domestic product (GDP) per capita, and the general government net debt.
The current account balance in Mexico was forecast to continuously decrease between 2024 and 2029 by in total 7.2 billion U.S. dollars (52.55 percent). According to this forecast, in 2029, the account balance will have decreased for the sixth consecutive year to -20.88 billion U.S. dollars. 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 Mexico with key insights such as the gross national savings, the general government structural balance, and the gross domestic product (GDP) at PPP.
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Georgia GE: BOP: Net Errors and Omissions data was reported at -65.170 USD mn in 2017. This records a decrease from the previous number of 22.040 USD mn for 2016. Georgia GE: BOP: Net Errors and Omissions data is updated yearly, averaging -38.366 USD mn from Dec 1997 (Median) to 2017, with 21 observations. The data reached an all-time high of 129.000 USD mn in 1997 and a record low of -182.545 USD mn in 1998. Georgia GE: BOP: Net Errors and Omissions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Georgia – Table GE.World Bank: Balance of Payments: Capital and Financial Account. Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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Ivory Coast CI: BOP: Net Errors and Omissions data was reported at -9.793 USD mn in 2016. This records an increase from the previous number of -66.115 USD mn for 2015. Ivory Coast CI: BOP: Net Errors and Omissions data is updated yearly, averaging -37.919 USD mn from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 284.142 USD mn in 2013 and a record low of -76.514 USD mn in 2012. Ivory Coast CI: BOP: Net Errors and Omissions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ivory Coast – Table CI.World Bank: Balance of Payments: Capital and Financial Account. Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
The current account balance in Peru was forecast to continuously decrease between 2024 and 2029 by in total 5.9 billion U.S. dollars (-760.82 percent). According to this forecast, in 2029, the account balance will have decreased for the sixth consecutive year to -5,128 million U.S. dollars. 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 Peru with key insights such as the budget balance in relation to the GDP, the gross domestic product (GDP) deflator, and the annual change in imports of trade goods and services.
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Libya LY: BOP: Net Errors and Omissions data was reported at -1.206 USD bn in 2016. This records a decrease from the previous number of 346.500 USD mn for 2015. Libya LY: BOP: Net Errors and Omissions data is updated yearly, averaging 44.756 USD mn from Dec 1977 (Median) to 2016, with 40 observations. The data reached an all-time high of 2.633 USD bn in 2011 and a record low of -2.535 USD bn in 2012. Libya LY: BOP: Net Errors and Omissions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Libya – Table LY.World Bank: Balance of Payments: Capital and Financial Account. Net errors and omissions constitute a residual category needed to ensure that accounts in the balance of payments statement sum to zero. Net errors and omissions are derived as the balance on the financial account minus the balances on the current and capital accounts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
The current account balance in Jamaica was forecast to continuously decrease between 2024 and 2029 by in total 843 million U.S. dollars (-250.15 percent). According to this forecast, in 2029, the account balance will have decreased for the sixth consecutive year to -506 million U.S. dollars. 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 Jamaica with key insights such as ratio of the national debt to the gross domestic product (GDP), the gross domestic product (GDP) per capita (in PPP dollars), and the general government expenditure.
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.