China Current Account to GDP

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China recorded a Current Account surplus of 1.80 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in China averaged 2.24 percent from 1980 until 2016, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985.


China Current Account to GDP

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The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides – China Current Account to GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account to GDP – actual data, historical chart and calendar of releases – was last updated on April of 2017.

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  1. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  2. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  3. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  4. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  5. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  6. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  7. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  8. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  9. Singapore Current Account to GDP Singapore recorded a Current Account surplus of 19.80 percent of the country’s Gross Domestic Product in 2015. Current Account to GDP in Singapore averaged 11.75 percent from 1980 until 2015, reaching an all time high of 26.10 percent in 2007 and a record low of -13.10 percent in 1980.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with...

  10. United States Current Account to GDP The United States recorded a Current Account deficit of 2.60 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in the United States averaged -2.66 percent from 1980 until 2016, reaching an all time high of 0.20 percent in 1981 and a record low of -6 percent in 2006.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=usaca2gdp&v=201703220322t&h=300&w=600&ref=/united-states/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/united-states/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a...

  11. Chile Current Account to GDP Chile recorded a Current Account deficit of 1.40 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in Chile averaged -2.62 percent from 1980 until 2016, reaching an all time high of 4.60 percent in 2006 and a record low of -14 percent in 1981.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=chlca2gdp&v=201703240221t&h=300&w=600&ref=/chile/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/chile/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording...

  12. South Africa Current Account to GDP South Africa recorded a Current Account deficit of 3.30 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in South Africa averaged -1.58 percent from 1963 until 2016, reaching an all time high of 6 percent in 1987 and a record low of -7.50 percent in 1971.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=zafca2gdp&v=201703260327t&h=300&w=600&ref=/south-africa/current-account-to-gdp’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/south-africa/current-account-to-gdp’>tradingeconomics.com</a> The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually,...

  13. China Current Account China recorded a USD 11.8 billion current account surplus in the last three months of 2016, lower than preliminary estimates of USD 37.6 billion. Considering 2016 full year, the current account surplus fell to USD 196.4 billion from USD 330.6 billion in 2015. Current Account in China averaged 414.37 USD HML from 1998 until 2016, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -8.96 USD HML in the second quarter of 2001.  Export Data  API Access Please Paste this Code in your Website...

  14. Vietnam Current Account to GDP Vietnam recorded a Current Account surplus of 4.40 percent of the country’s Gross Domestic Product in 2014. Current Account to GDP in Vietnam averaged -3.07 percent from 1980 until 2014, reaching an all time high of 5.90 percent in 2012 and a record low of -11.90 percent in 2008. Current Account to GDP in Vietnam is reported by the The State Bank of Vietnam. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports...

  15. United States Current Account The US current account deficit decreased to USD 112.4 billion in the last three months of 2016 from an upwardly revised USD 116 billion gap in the previous period and better than market expectations of a USD 128 billion shortfall. It is the smallest gap since the second quarter of 2015, as the surplus widened for the primary income (by USD 19.9 billion to USD 61.5 billion) and the services account (by USD 1.4 billion to USD 63.8 billion). In contrast, the goods deficit widened by USD 17.5 billion to USD 196 billion due to a drop...

  16. Malaysia Current Account Malaysia current account surplus rose to 12.2 MYR billion in the fourth quarter of 2016 from 10.6 MYR billion in the same quarter of 2015. It was the highest surplus since the second quarter 2014, mainly supported by a higher goods surplus (31.4 MYR billion from 31.1 MYR billion in the fourth quarter of the prior year). In addition, services account posted a 6 MYR billion deficit, narrowing from a 6.4 MYR billion gap in the same period 2015. The balance of primary income registered a 9 MYR billion deficit, compared to a 9.1 MYR billion gap in the fourth...

  17. Sweden Current Account Swedish current account surplus jumped to SEK 64.3 billion in the fourth quarter of 2016 from SEK 50.8 billion in the previous year. A higher surplus in the trade in services (SEK 29.8 billion from SEK 25.4 billion) and crediting of EU VAT were the primary reasons for the net increase in the current account. In addition, the goods surplus widened to SEK 25.1 billion from SEK 24.6 billion; the secondary income gap narrowed to SEK 13.2 billion from SEK 22 billion and the primary income surplus was barely unchanged at SEK 22.6 billion (22.9 billion a year earlier). Considering...

  18. Argentina Current Account Argentina’s current account deficit narrowed in the fourth quarter of 2016 to USD 4.40 billion, from USD 4.93 billion in the same quarter of last year. Consensus expected a USD 3.90 billion deficit. The 11 percent annual deficit decline was mainly explained by a narrower trade deficit, which was recorded at USD 869 million in the period. On a yearly basis, the current account deficit also narrowed to USD 15.02 billion (from USD 16.81 billion in 2015), mainly explained by a 6.9 percent fall in imports of goods. Current Account in Argentina averaged -605.25 USD Million from...

  19. South Korea Current Account South Korea’s current account suplus widened to USD 8.40 billion in February of 2017 from USD 7.62 billion in the same month of last year. The goods account surplus widened to USD 10.55 billion, compared to USD 7.93 billion in February of last year. Meanwhile, the services account deficit widened to USD 2.23 billion (from a USD 1.16 gap in February of 2016), explained by larger deficits in the travel and transport accounts. Current Account in South Korea averaged 1369.69 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June...

  20. Austria Current Account Austria current account surplus narrowed to EUR 586 million in the fourth quarter of 2016 from EUR 1158 million a year earlier. The goods deficit increased to EUR 1227 million from a EUR 407 million gap in the fourth quarter of 2015 and the secondary income deficit rose to EUR 973 million from 564 million. In contrast, the services surplus increased to EUR 2085 million from EUR 2027 million and the primary income surplus also increased to EUR 700 million from EUR 101 million. Considering 2016, the current account surplus shrank by EUR 485 million to EUR...

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