Economy > Trade > Balance of payments > Current account balance of payments per million: Countries Compared
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DEFINITION:
The current account balance is the difference between a country’s current receipts from and its current payments to the rest of the world. These current transactions consist of exports and imports of goods; exports and imports of services such as tourism, international freight and passenger transport, insurance and financial services; income consisting of wages and salaries, dividends, interest and other property income; and transfers. Note that property income includes retained earnings of foreign-owned subsidiaries. All earnings of foreign-owned subsidiaries are treated as if they were remitted abroad and the part which is actually retained in the country where the subsidiary is located is then shown as a re-investment flow in the capital account. Figures expressed per million population for the same year.
CONTENTS
# | COUNTRY | AMOUNT | DATE | GRAPH |
---|---|---|---|---|
1 | Luxembourg | 19.78% | 2009 | |
2 | Norway | 3.3% | 2009 | |
3 | Switzerland | 1.72% | 2009 | |
4 | Sweden | 0.898% | 2009 | |
5 | Finland | 0.862% | 2009 | |
6 | Netherlands | 0.464% | 2009 | |
7 | Austria | 0.379% | 2009 | |
8 | Denmark | 0.201% | 2009 | |
9 | Belgium | 0.155% | 2009 | |
10 | Germany | 0.0916% | 2009 | |
11 | Japan | 0.0378% | 2009 | |
12 | Canada | 0.0263% | 2009 | |
13 | South Korea | 0.0125% | 2009 | |
Group of 7 countries (G7) average (profile) | 0.00271% | 2009 | ||
14 | Mexico | -0.0086% | 2009 | |
15 | United States | -0.0173% | 2009 | |
16 | France | -0.0182% | 2009 | |
17 | Italy | -0.0404% | 2009 | |
18 | United Kingdom | -0.0607% | 2009 | |
19 | Turkey | -0.0805% | 2009 | |
20 | Poland | -0.125% | 2009 | |
21 | Czech Republic | -0.169% | 2009 | |
22 | Spain | -0.22% | 2009 | |
23 | Australia | -0.278% | 2009 | |
24 | Hungary | -0.642% | 2009 | |
25 | Portugal | -0.895% | 2009 | |
26 | Slovakia | -0.983% | 2009 | |
High income OECD countries average (profile) | -1.047% | 2009 | ||
27 | Ireland | -1.211% | 2009 | |
28 | Greece | -1.267% | 2009 | |
29 | New Zealand | -1.875% | 2009 | |
30 | Iceland | -49.035% | 2009 |