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World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
The UN World Bank cites the IMF as the source for their data on Current Account Balance, and so is not included separately on this page. The second list includes only countries for which the CIA World Factbook lists 2015 estimates for both Current Account Balance and GDP.
Since 1989, the current account deficit of the US has been increasingly large, reaching close to 7% of the GDP in 2006. In 2011, it was the highest deficit in the world. [11] New evidence, however, suggests that the US current account deficits are being mitigated by positive valuation effects. [12]
Pages for logged out editors learn more. Contributions; Talk; List of countries by current account balance as a percentage of GDP
The Commerce Department said on Tuesday that the current account deficit, which measures the flow of goods, services and investments into and out of the country, accelerated 8.3% to $214.8 billion ...
In the following table, for each country/territory, WB figures shows revenue, grants, and expense, expressed in current LCU (Local Curency Units) and as percentage of GDP. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
The U.S. current account aims to measure the nation's international trade balance, and it considers all goods, services and unilateral transfers each quarter. Today's report was a first-quarter ...
A turning point was the 1997 Asian financial crisis, where unsympathetic responses by western powers caused policy makers in emerging economies to re-assess the wisdom of relying on the free market; by 1999 the developing world as a whole stopped running current account deficits [16] while the U.S. current account deficit began to rise sharply.