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Economy > Current account balance: Countries Compared

DEFINITION: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Germany $238.50 billion 2012
2 China $193.10 billion 2012
3 Saudi Arabia $164.80 billion 2012
4 Kuwait $80.33 billion 2012
5 Netherlands $77.02 billion 2012
6 Norway $71.87 billion 2012
7 Russia $71.43 billion 2012
8 United Arab Emirates $66.56 billion 2012
9 Switzerland $63.82 billion 2012
10 Qatar $61.59 billion 2012
11 Japan $60.80 billion 2012
12 Singapore $51.44 billion 2012
13 Taiwan $49.92 billion 2012
OPEC countries average (profile) $43.47 billion 2012
14 South Korea $43.34 billion 2012
15 Sweden $36.31 billion 2012
16 Iraq $29.54 billion 2012
17 Libya $27.17 billion 2012
Middle Eastern and North Africa average (profile) $22.59 billion 2012
18 Nigeria $20.35 billion 2012
19 Malaysia $18.64 billion 2012
20 Denmark $17.44 billion 2012
21 Macau $16.13 billion 2011
22 Azerbaijan $14.98 billion 2012
23 Angola $13.85 billion 2012
Non-religious countries average (profile) $13.49 billion 2012
Eurozone average (profile) $12.61 billion 2012
24 Algeria $12.30 billion 2012
25 Venezuela $11.02 billion 2012
26 Ireland $9.24 billion 2012
27 Vietnam $9.06 billion 2012
Muslim countries average (profile) $8.42 billion 2012
28 Oman $8.31 billion 2012
29 Philippines $7.13 billion 2012
30 Austria $7.08 billion 2012
Europe average (profile) $6.69 billion 2012
31 Hong Kong $6.06 billion 2012
European Union average (profile) $5.68 billion 2012
Former Soviet republics average (profile) $4.49 billion 2012
32 Brunei $3.98 billion 2009
33 Luxembourg $3.27 billion 2012
34 Thailand $2.76 billion 2012
35 Gabon $2.69 billion 2012
failed states average (profile) $2.68 billion 2012
NATO countries average (profile) $2.64 billion 2012
36 East Timor $2.38 billion 2011
37 Bahrain $2.22 billion 2012
38 Bolivia $2.13 billion 2012
39 Slovakia $2.10 billion 2012
40 Hungary $2.09 billion 2012
Hot countries average (profile) $1.91 billion 2012
41 Uzbekistan $1.81 billion 2012
Landlocked countries average (profile) $1.78 billion 2012
42 Bangladesh $1.75 billion 2012
Eastern Europe average (profile) $1.54 billion 2012
43 Slovenia $1.49 billion 2012
Cold countries average (profile) $1.19 billion 2012
44 Puerto Rico $978.80 million 2009
Religious countries average (profile) $973.85 million 2012
45 Trinidad and Tobago $959.00 million 2012
46 Bermuda $660.00 million 2010
47 Kazakhstan $640.50 million 2012
48 Turkmenistan $622.70 million 2012
49 Israel $609.00 million 2012
50 Nepal $283.90 million 2012
51 British Virgin Islands $279.80 million 2010
52 Suriname $241.40 million 2012
53 Congo, Republic of the $187.90 million 2012
54 Paraguay $115.60 million 2012
55 Argentina $106.90 million 2012
56 Malta $87.60 million 2012
57 Swaziland $53.00 million 2012
58 Cook Islands $26.67 million 2005
59 Afghanistan $18.00 million 2011
60 Serbia and Montenegro 0.0 2010
61 Solomon Islands $-1,200,000.00 2012
62 Tuvalu $-7,700,000.00 2010
63 Montserrat $-18,100,000.00 2010
64 Palau $-20,800,000.00 2010
65 Belize $-27,500,000.00 2012
66 Federated States of Micronesia $-34,300,000.00 2006
67 Kiribati $-35,010,000.00 2010
68 Comoros $-40,900,000.00 2012
69 Anguilla $-44,800,000.00 2012
70 Guinea-Bissau $-47,400,000.00 2012
71 Tonga $-48,500,000.00 2012
72 Croatia $-51,550,000.00 2012
73 Dominica $-54,900,000.00 2012
74 Sao Tome and Principe $-58,700,000.00 2012
75 Saint Kitts and Nevis $-70,800,000.00 2012
76 Aruba $-75,100,000.00 2010
77 Samoa $-78,300,000.00 2011
78 Antigua and Barbuda $-78,500,000.00 2012
79 Eritrea $-110,500,000.00 2012
80 Vanuatu $-128,600,000.00 2012
81 Cuba $-134,400,000.00 2012
82 The Gambia $-152,500,000.00 2012
83 Ecuador $-177,000,000.00 2012
84 Saint Lucia $-184,400,000.00 2012
85 Zambia $-189,900,000.00 2012
86 Central African Republic $-197,600,000.00 2012
87 Barbados $-204,400,000.00 2012
88 Seychelles $-208,900,000.00 2012
89 Cape Verde $-209,300,000.00 2012
90 Grenada $-214,400,000.00 2012
91 Saint Vincent and the Grenadines $-215,900,000.00 2012
92 Djibouti $-216,200,000.00 2012
93 Lithuania $-231,000,000.00 2012
94 Tajikistan $-246,200,000.00 2012
95 Burkina Faso $-247,600,000.00 2012
96 Cote d'Ivoire $-266,500,000.00 2012
97 Estonia $-267,700,000.00 2012
98 Bhutan $-311,600,000.00 2012
99 Malawi $-315,100,000.00 2012
100 Laos $-315,500,000.00 2012
101 Togo $-372,200,000.00 2012
102 Chad $-378,900,000.00 2012
103 Cayman Islands $-384,500,000.00 2010
104 Republic of Macedonia $-385,200,000.00 2012
105 Guyana $-394,800,000.00 2012
106 Namibia $-414,000,000.00 2012
107 Zimbabwe $-416,500,000.00 2012
108 Fiji $-425,100,000.00 2012
109 Burundi $-432,100,000.00 2012
110 Latvia $-473,400,000.00 2012
111 Moldova $-510,900,000.00 2012
112 Rwanda $-569,200,000.00 2012
113 Lesotho $-587,400,000.00 2012
114 Maldives $-600,000,000.00 2012
115 Bulgaria $-669,500,000.00 2012
116 Benin $-684,900,000.00 2012
Former French colonies average (profile) $-724,804,000.00 2012
117 Mali $-737,500,000.00 2012
118 Iceland $-740,000,000.00 2012
119 Botswana $-795,200,000.00 2012
Emerging markets average (profile) $-833,068,000.00 2012
120 Sierra Leone $-862,500,000.00 2012
Sub-Saharan Africa average (profile) $-868,771,739.13 2012
121 Liberia $-918,800,000.00 2012
122 Cameroon $-956,200,000.00 2012
123 Yemen $-985,000,000.00 2012
124 Armenia $-1,052,000,000.00 2012
125 Mauritius $-1,175,000,000.00 2012
126 Cambodia $-1,208,000,000.00 2012
127 El Salvador $-1,257,000,000.00 2012
128 Mauritania $-1,263,000,000.00 2012
129 Albania $-1,314,000,000.00 2012
130 Nicaragua $-1,350,000,000.00 2012
131 Haiti $-1,358,000,000.00 2012
132 The Bahamas $-1,424,000,000.00 2012
133 Niger $-1,453,000,000.00 2012
134 Guatemala $-1,489,000,000.00 2012
135 Kyrgyzstan $-1,497,000,000.00 2012
136 Cyprus $-1,506,000,000.00 2012
137 Senegal $-1,618,000,000.00 2012
138 Bosnia and Herzegovina $-1,633,000,000.00 2012
139 Lebanon $-1,663,000,000.00 2012
140 Belarus $-1,688,000,000.00 2012
141 Honduras $-1,744,000,000.00 2012
142 Guinea $-1,754,000,000.00 2012
143 Burma $-1,791,000,000.00 2012
144 Georgia $-1,875,000,000.00 2012
145 Jamaica $-1,905,000,000.00 2012
146 Montenegro $-1,938,000,000.00 2012
147 Madagascar $-1,989,000,000.00 2012
148 Ethiopia $-2,031,000,000.00 2012
149 Pakistan $-2,072,000,000.00 2012
Former Spanish colonies average (profile) $-2,196,095,000.00 2012
=150 Gaza Strip $-2,205,000,000.00 2011
=150 West Bank $-2,205,000,000.00 2011
152 Uganda $-2,232,000,000.00 2012
153 Democratic Republic of the Congo $-2,254,000,000.00 2012
154 Costa Rica $-2,341,000,000.00 2012
155 Uruguay $-2,690,000,000.00 2012
156 Kosovo $-2,880,000,000.00 2012
157 Equatorial Guinea $-2,945,000,000.00 2012
158 Papua New Guinea $-3,030,000,000.00 2012
Latin America and Caribbean average (profile) $-3,250,457,575.76 2012
159 Panama $-3,267,000,000.00 2012
160 Mongolia $-3,362,000,000.00 2012
161 Portugal $-3,365,000,000.00 2012
162 Finland $-3,679,000,000.00 2012
163 Tunisia $-3,773,000,000.00 2012
164 Sri Lanka $-3,931,000,000.00 2012
165 Dominican Republic $-4,037,000,000.00 2012
166 Serbia $-4,082,000,000.00 2012
167 Tanzania $-4,195,000,000.00 2012
168 Kenya $-4,310,000,000.00 2012
Christian countries average (profile) $-4,411,600,543.48 2012
169 Czech Republic $-4,727,000,000.00 2012
170 Ghana $-4,778,000,000.00 2012
171 Mozambique $-5,168,000,000.00 2012
Catholic countries average (profile) $-5,216,283,823.53 2012
172 Sudan $-5,282,000,000.00 2012
173 Jordan $-5,370,000,000.00 2012
High income OECD countries average (profile) $-5,549,345,161.29 2012
174 Romania $-6,346,000,000.00 2012
175 Belgium $-6,650,000,000.00 2012
176 Syria $-6,706,000,000.00 2012
177 Peru $-7,137,000,000.00 2012
Heavily indebted countries average (profile) $-7,170,980,952.38 2012
Potential Future EU Members average (profile) $-7,590,275,000.00 2012
South and Central Asia average (profile) $-7,918,308,333.33 2012
178 Greece $-8,392,000,000.00 2012
179 New Zealand $-8,508,000,000.00 2012
Former British colonies average (profile) $-8,520,677,083.33 2012
180 Egypt $-9,136,000,000.00 2012
181 Iran $-9,307,000,000.00 2012
182 Chile $-9,499,000,000.00 2012
183 Morocco $-9,843,000,000.00 2012
184 Colombia $-12,170,000,000.00 2012
185 Mexico $-14,180,000,000.00 2012
186 Ukraine $-14,320,000,000.00 2012
187 Spain $-15,140,000,000.00 2012
188 Italy $-15,210,000,000.00 2012
189 Poland $-18,140,000,000.00 2012
South Asia average (profile) $-23,024,900,000.00 2012
=190 South Africa $-24,070,000,000.00 2012
=190 Indonesia $-24,070,000,000.00 2012
192 Turkey $-47,750,000,000.00 2012
Group of 7 countries (G7) average (profile) $-52,768,571,428.57 2012
193 Brazil $-54,230,000,000.00 2012
194 Australia $-57,140,000,000.00 2012
195 France $-57,200,000,000.00 2012
196 Canada $-62,270,000,000.00 2012
197 India $-91,470,000,000.00 2012
198 United Kingdom $-93,600,000,000.00 2012
199 United States $-440,400,000,000.00 2012

Citation

Economy > Current account balance: Countries Compared Map

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Statistics for Economy > Current account balance

Agriculture

Statistics and graphs related to agriculture are found here. How many agricultural workers are there per hectare? Tractors? Which country produces the maximum cotton? Who is the biggest exporter of bananas? Click in if these interest you.

TOP STATS: Arable land > Hectares, Rural population, Agricultural land > Sq. km and 322 more

Background

What is the background of the country? National bird? Get a quick summary of countries in this section.

TOP STATS: Overview, National tree, Full name and 21 more

Conflict

TOP STATS: Terrorism > Global Terrorism Index, Civil war and unrest > Arab Spring death toll, War > World War I > Total deaths and 29 more

Cost of living

TOP STATS: Average monthly disposable salary > After tax, Local purchasing power, Prices at markets > Cigarettes > Pack of Marlboro and 52 more

Crime

No explanation needed for this section. Murders. Guns. Jails. Crimes. Judges. We have all of that and more out here. Actually we go deeper than your routine crime beat sections. How many adults were prosecuted? What percentage were convicted? How many were women? What is the death penalty rate in different countries? How safe do the citizens perceive they are? Do they trust the police? Will they report a crime? You'll find surprising answers here.

TOP STATS: Violent crime > Murder rate, Violent crime > Murder rate per million people, Violent crime > Intentional homicide rate and 183 more

Culture

TOP STATS: Happy Planet Index, Sexuality > Homosexuality > Legality of homosexual acts, Food and drink > Beer consumption and 67 more

Disasters

The tsunami rocked the civilized world with its widespread devastation. Learn the details of the losses incurred by the countries affected. How are the developed countries helping out? Who has pledged the most money? How do they compare? Check out...

TOP STATS: Chernobyl > Contaminated area (percent of country), Storm deaths > 2009, Tsunami > Death toll and 47 more

Economy

This category is all about money. GDP. Aid. Gross national income. Debt. Inflation. Trade balance. Foreign investment. Government spending. You get the idea.

TOP STATS: GDP, GDP per capita, Gross National Income and 3717 more

Education

Any and every statistic which can be collected about schooling and the whole education sector can be found here. What is the duration of education in different countries? Is the percentage of enrollment different for sexes? How long do students spend learning their mother tongues? What is the mathematical aptitude of the average 8 year old? How many university degrees are awarded to females? What is the percentage of students who find school boring? We've tabulated them all for you.

TOP STATS: Children out of school, primary, Pupil-teacher ratio, primary, Compulsary education duration and 908 more

Energy

How does your country fare in Traditional Fuel Consumption? In Geothermal Energy Consumption? How many barrels of oil were imported into your country last year? Does your production of hydroelectricity match your consumption? Which countries in the world successfully produce nuclear energy for consumption? What is the average energy usage per person? All your questions regarding different forms of energy, their generation and consumption have been answered here.

TOP STATS: Commercial energy use, Electricity > Consumption > Per capita, Electricity > Consumption and 2387 more

Environment

How much area is declared as protected in the different countries of the world? How many endangered species of reptiles, mammals, birds etc are found in different countries? What are the national levels of pollution? Emissions? Nuclear waste generation? Salination of water resources and expenditure for waste treatment. International treaties, ratification and complaince. You'll find almost all statistics related to environmental pollution and conservational efforts here.

TOP STATS: Marine fish catch, Ecological footprint, Pollution perceptions > Air pollution and 331 more

Geography

All the stats pertaining to the physical features of the country in question can be found here. This implies that if you are looking for the co-ordinates or map references of countries, the land area, climate, boundaries, terrain, natural resources or coastlines, your search ends here.

TOP STATS: Land area > Square miles, Area > Comparative, Climate and 102 more

Government

This category is all about the functioning of the government machinery. So, you'll find stats on the goverment administrative divisions, the executive, legistative and judiciary branches, constitution, parliamentary seats, secession attemps, suffrage, corruption - everything connected with our esteemed politicians.

TOP STATS: Government type, Legal system, Legislative branch and 392 more

Health

Statistics about the health of a country's citizens are present in this category. You can find stats related to birth weights, rates on smoking, HIV incidence, incidence of cancer, circulatory and other diseases, stats on infant and maternal mortality, life expectancy, suicide rates, teenage pergnancy and other health related topics. We also have some details on health expenditure and health care funding out here.

TOP STATS: Physicians > Per 1,000 people, Births and maternity > Total fertility rate, Human height > Average female height and 529 more

Industry

Lists all industry related stats like production of cars, buses trucks, LCVs, different industries like biotech firms and so on.

TOP STATS: Manufacturing output, Manufacturing, value added > Current US$ per capita, Manufacturing, value added > Current US$ and 94 more

Labor

You can find detailed stats on the economic activity of the labor force broken over different age-groups and sexes. We also have stats on employment in different sectors, trade union memberships, the average work time, the average number of days the workers take off or even just don't show up! How many female decision makers does a country have? Doctors? What is the normal gender division of the housework? What are the unemployment details and benefits available? How long does an average person need to work to buy a loaf of bread? A car? A television set? Compare these values for different countries.

TOP STATS: Salaries and benefits > Minimum wage, Average monthly wage > Local currency > Net, Labor force > By occupation and 374 more

Language

What are the main languages spoken in the countries? How many English language speakers are there per country? How about French and Spanish? Check out the results here..

TOP STATS: Languages, Major language(s), French status and 21 more

Lifestyle

Here we rank countries based on amphetamine and cannabis use. But more interestingly, we go into their mindset. What do the citizens of different countries think of their armed forces? Will they report a crime? Do they trust their neighbours? What about their governments? Are they happy with life in general? How charitable are they? What is their political orientation? Are they proud of their countries? Will they fight for their countries? This is an utterly captivating category.

TOP STATS: Quality of life index, Happiness level > Very happy, Happiness net and 110 more

Media

Countries are ranked here depending on the penetration level of computers, phones, fax machines, radios, television sets, mobile phones etc. We also have other stats related to media like vastness of different networks, revenue and employment in different telecom sectors here.

TOP STATS: Telephones > Mobile cellular > Per capita, Internet > Internet users per thousand people, Internet users and 429 more

Military

Want to know the size of the army in Iran? The number of tanks in Germany? Want to compare the weapon holdings in North and South Korea? Worried about the WMDs world over? Need to know the exact number of countries who have signed terrorism conventions? Or just curious about the coalition forces in the Gulf War? We've tried to collect all details available in the public domain for you here.

TOP STATS: Air force > Combat aircraft, Army > Main battle tanks, Budget and 285 more

People

Facts relating to the actual life of people are found here. So we have birth and death rates, marriage and divorce rates, single parents, one-person households and teenage pregnancies, size of households and elderly institutions, ethnicity and chinese population - just about every stat you always wanted to know! What is the average age of women when they first get married? How happy are they when compared to their mothers? What is the gender development index in different countries? What will the population be in 2020? Don't miss this category even if you didn't come searching for it specifically.

TOP STATS: Population, Age distribution > Population aged 0-14, Population > Population growth, past and future and 1058 more

Religion

Where else could you find the number of Catholics, Catholic priests, Catholic parishes, Jehovahs Witnesses and the number of permanent deacons, and compare them all between major nations in a per-capita format? Check them all here.

TOP STATS: Religions, Religions > All, Major religion(s) and 111 more

Sports

Who scored the maximum medals in the olympics? What about the summer and winter olympics? What are the latest FIFA rankings? Which country has the maximum number of Mt. Everest ascents? Get all the answers in this sports section.

TOP STATS: Chess > GrandMasters, Chess > GrandMasters per million, Winter olympic medals > All time and 508 more

Terrorism

This is a category which needs particular highlighting as the growing concern and need for awareness continues to press upon our front pages, in the minds of our leadership and politicians, and indeed, in our everyday conversations. We hope to expand this category into timely and essential data you can rely on to make sense of global and national security, political and societal violence, and our perceptions which are shaped by these notions.

TOP STATS: Global Terrorism Indicator, Number of Known Terrorist Organizations Present, Background and 30 more

Transport

Here you can find the numbers on the different modes of transportation. How many cars does a country have? Airports? What is the lenght of its highways? What proportion is paved? What about runways, heliports and ports? Lets not leave out waterways or the merchant navy. We have them all here.

TOP STATS: Road > Motor vehicles per 1000 people, Road network length > Km, Road density > Km of road per 100 sq. km of land area and 446 more

Travel

TOP STATS: Inbound tourism > Arrivals, Outbound tourism > Departures, Inbound tourism > Tourist expenditure per capita and 19 more

Weather

TOP STATS: Temperature > Highest temperature ever recorded, Precipitation, Precipitation per capita and 4 more

STAT
COUNTRIES COVERED
% of GDP 174
SUBCATEGORIES
SUBCATEGORIES
STAT
COUNTRIES COVERED
% of GDP 174

Interesting observations about Economy > Current account balance

  • Germany ranked first for current account balance amongst Christian countries in 2012.
  • Saudi Arabia ranked first for current account balance amongst Hot countries in 2012.
  • China ranked first for current account balance amongst Emerging markets in 2012.
  • United States has ranked last for current account balance since 2003.
  • Nigeria ranked first for current account balance amongst Sub-Saharan Africa in 2012.
  • Kuwait ranked first for current account balance amongst Former British colonies in 2012.
  • Russia ranked first for current account balance amongst Eastern Europe in 2012.
  • Switzerland ranked first for current account balance amongst Landlocked countries in 2012.
  • Netherlands ranked second for current account balance amongst Europe in 2012.
  • Venezuela ranked first for current account balance amongst Catholic countries in 2012.

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The current account balance is a tally of transactions between countries. <p>Balance of trade is the largest element of the current account balance. There is a balance of trade surplus when exports are more valuable than imports. This adds to GDP. A balance of trade deficit means the value of imports exceeds that of exports. This subtracts from GDP. <p>Another element is service imports and exports. Money spent on hotel rooms by a tourist abroad counts as a service export of the country he’s in and a service import of the country he’s from. <p>The third component of the current account balance is the difference between income from assets owned abroad, and money flowing out to foreign owners. <p>The last element of the current account balance is the difference between one-way transfers (such as foreign aid and charitable donations) coming in or going out of the country. <a href= http://www.swlearning.com/economics/econ_data/current_account/current_account_definition.html>http://www.swlearning.com/economics/econ_data/current_account/current_account_definition.html</a>

Posted on 04 Mar 2005

Ian Graham, Staff Editor

Ian Graham, Staff Editor

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