FACTOID # 7: Americans are 15% more innovative than the Japanese. But in percentage terms, the Japanese grant 3.5 times more patents.
 
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Economy Statistics > Current account balance (most recent) by country

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Rank   Countries  Amount  Date  
# 1     China: $272,500,000,000.00   2010 Time series
# 2     Japan: $166,500,000,000.00   2010 Time series
# 3     Germany: $162,300,000,000.00   2010 Time series
# 4     Russia: $68,850,000,000.00   2010 Time series
# 5     Norway: $60,230,000,000.00   2010 Time series
# 6     Saudi Arabia: $52,030,000,000.00   2010 Time series
# 7     Switzerland: $49,350,000,000.00   2010 Time series
# 8     Netherlands: $46,690,000,000.00   2010 Time series
# 9     Singapore: $44,080,000,000.00   2010 Time series
# 10     Taiwan: $39,000,000,000.00   2010 Time series
# 11     Kuwait: $38,200,000,000.00   2010 Time series
# 12     Korea, South: $36,350,000,000.00   2010 Time series
# 13     Malaysia: $34,140,000,000.00   2010 Time series
# 14     Nigeria: $27,770,000,000.00   2010 Time series
# 15     Venezuela: $22,070,000,000.00   2010 Time series
# 16     Sweden: $21,680,000,000.00   2010 Time series
# 17     Qatar: $20,110,000,000.00   2010 Time series
# 18     Hong Kong: $18,070,000,000.00   2010 Time series
# 19     Azerbaijan: $15,960,000,000.00   2010 Time series
# 20     Libya: $15,530,000,000.00   2010 Time series
# 21     Denmark: $14,350,000,000.00   2010 Time series
# 22     Thailand: $12,290,000,000.00   2010 Time series
# 23     Austria: $9,900,000,000.00   2010 Time series
# 24     Iran: $9,760,000,000.00   2010 Time series
# 25     Philippines: $9,510,000,000.00   2010 Time series
# 26     Indonesia: $8,532,000,000.00   2010 Time series
# 27     Brunei: $7,024,000,000.00   2008 Time series
# 28     Kazakhstan: $6,993,000,000.00   2010 Time series
# 29     Argentina: $6,976,000,000.00   2010 Time series
# 30     Israel: $6,269,000,000.00   2010 Time series
# 31     Uzbekistan: $5,588,000,000.00   2010 Time series
# 32     Finland: $4,696,000,000.00   2010 Time series
# 33     Algeria: $3,959,000,000.00   2010 Time series
# 34     Bangladesh: $3,734,000,000.00   2010 Time series
# 35     United Arab Emirates: $3,409,000,000.00   2010 Time series
# 36     Luxembourg: $3,396,000,000.00   2010 Time series
# 37     Trinidad and Tobago: $3,363,000,000.00   2010 Time series
# 38     Turkmenistan: $3,081,000,000.00   2010 Time series
# 39     Oman: $2,724,000,000.00   2010 Time series
# 40     Iraq: $2,715,000,000.00   2010 Time series
# 41     Angola: $2,089,000,000.00   2010 Time series
# 42     Latvia: $1,620,000,000.00   2010 Time series
# 43     Lithuania: $1,231,000,000.00   2010 Time series
# 44     East Timor: $1,161,000,000.00   2007 Time series
# 45     Chile: $1,033,000,000.00   2010 Time series
# 46     Bolivia: $690,200,000.00   2010 Time series
# 47     Burma: $652,000,000.00   2010 Time series
# 48     Syria: $649,000,000.00   2010 Time series
# 49     Ukraine: $603,000,000.00   2010 Time series
# 50     Gabon: $591,000,000.00   2010 Time series
# 51     Bahrain: $589,000,000.00   2010 Time series
# 52     Côte d'Ivoire: $534,000,000.00   2010 Time series
# 53     Egypt: $270,000,000.00   2010 Time series
# 54     Estonia: $265,000,000.00   2010 Time series
# 55     Bhutan: $164,000,000.00   2008 Time series
# 56     British Virgin Islands: $134,300,000.00   1999 Time series
# 57     Cook Islands: $26,670,000.00   2005 Time series
# 58     Suriname: $24,000,000.00   2007 Time series
# 59     Palau: $15,090,000.00   2006 Time series
# 60     Comoros: $8,000,000.00   2007 Time series
= 61     Guatemala: $0.00   2010 Time series
= 61     Cameroon: $0.00   2010 Time series
= 61     Ghana: $0.00   2010 Time series
= 61     India: $0.00   2010 Time series
= 61     Uruguay: $0.00   2010 Time series
= 61     Ecuador: $0.00   2010 Time series
= 61     Namibia: $0.00   2010 Time series
= 61     Honduras: $0.00   2010 Time series
= 61     Serbia and Montenegro: $0.00   2010 Time series
= 61     Chad: $0.00   2010 Time series
= 61     Zambia: $0.00   2010 Time series
= 61     Cape Verde: $0.00   2010 Time series
= 61     Burkina Faso: $0.00   2010 Time series
= 61     El Salvador: $0.00   2010 Time series
= 61     Turkey: $0.00   2010 Time series
= 61     Guyana: $0.00   2010 Time series
= 61     Tajikistan: $0.00   2010 Time series
= 61     Hungary: $0.00   2010 Time series
= 61     Uganda: $0.00   2010 Time series
= 61     Canada: $0.00   2010 Time series
= 61     São Tomé and Príncipe: $0.00   2010 Time series
= 61     Congo, Republic of the: $0.00   2010 Time series
= 61     Sudan: $0.00   2010 Time series
= 61     Costa Rica: $0.00   2010 Time series
= 61     Albania: $0.00   2010 Time series
= 61     Djibouti: $0.00   2009 Time series
= 61     Australia: $0.00   2010 Time series
= 61     Equatorial Guinea: $0.00   2010 Time series
= 61     Belgium: $0.00   2010 Time series
= 61     Gambia, The: $0.00   2010 Time series
= 61     Belize: $0.00   2010 Time series
= 61     Guinea: $0.00   2010 Time series
= 61     Benin: $0.00   2010 Time series
= 61     Czech Republic: $0.00   2010 Time series
= 61     Brazil: $0.00   2010 Time series
= 61     Croatia: $0.00   2010 Time series
= 61     Rwanda: $0.00   2010 Time series
= 61     Iceland: $0.00   2010 Time series
= 61     South Africa: $0.00   2010 Time series
= 61     Burundi: $0.00   2010 Time series
= 61     Italy: $0.00   2010 Time series
= 61     Cambodia: $0.00   2010 Time series
= 61     Jordan: $0.00   2010 Time series
= 61     Sri Lanka: $0.00   2010 Time series
= 61     Morocco: $0.00   2010 Time series
= 61     Congo, Democratic Republic of the: $0.00   2010 Time series
= 61     Mauritius: $0.00   2010 Time series
= 61     Colombia: $0.00   2010 Time series
= 61     Malta: $0.00   2010 Time series
= 61     Cuba: $0.00   2010 Time series
= 61     Maldives: $0.00   2010 Time series
= 61     Cyprus: $0.00   2010 Time series
= 61     Mexico: $0.00   2010 Time series
= 61     Dominican Republic: $0.00   2010 Time series
= 61     Mozambique: $0.00   2010 Time series
= 61     Ireland: $0.00   2010 Time series
= 61     Nepal: $0.00   2010 Time series
= 61     Eritrea: $0.00   2010 Time series
= 61     Nicaragua: $0.00   2010 Time series
= 61     Ethiopia: $0.00   2010 Time series
= 61     Senegal: $0.00   2010 Time series
= 61     France: $0.00   2010 Time series
= 61     Slovenia: $0.00   2010 Time series
= 61     Georgia: $0.00   2010 Time series
= 61     Romania: $0.00   2010 Time series
= 61     Greece: $0.00   2010 Time series
= 61     Panama: $0.00   2010 Time series
= 61     Vietnam: $0.00   2010 Time series
= 61     Portugal: $0.00   2010 Time series
= 61     Swaziland: $0.00   2010 Time series
= 61     Papua New Guinea: $0.00   2010 Time series
= 61     Yemen: $0.00   2010 Time series
= 61     New Zealand: $0.00   2010 Time series
= 61     Zimbabwe: $0.00   2010 Time series
= 61     Paraguay: $0.00   2010 Time series
= 61     Tunisia: $0.00   2010 Time series
= 61     Peru: $0.00   2010 Time series
= 61     Togo: $0.00   2010 Time series
= 61     Pakistan: $0.00   2010 Time series
= 61     Tanzania: $0.00   2010 Time series
= 61     Poland: $0.00   2010 Time series
= 61     United Kingdom: $0.00   2010 Time series
= 61     Kenya: $0.00   2010 Time series
= 61     United States: $0.00   2010 Time series
= 61     Kyrgyzstan: $0.00   2010 Time series
= 61     Afghanistan: $0.00   2009 Time series
= 61     Laos: $0.00   2010 Time series
= 61     Armenia: $0.00   2010 Time series
= 61     Lebanon: $0.00   2010 Time series
= 61     Botswana: $0.00   2010 Time series
= 61     Slovakia: $0.00   2010 Time series
= 61     Bahamas, The: $0.00   2009 Time series
= 61     Lesotho: $0.00   2010 Time series
= 61     Bosnia and Herzegovina: $0.00   2010 Time series
= 61     Madagascar: $0.00   2010 Time series
= 61     Belarus: $0.00   2010 Time series
= 61     Moldova: $0.00   2010 Time series
= 61     Bulgaria: $0.00   2010 Time series
= 61     Mongolia: $0.00   2009 Time series
= 61     Seychelles: $0.00   2010 Time series
= 61     Malawi: $0.00   2010 Time series
= 61     Spain: $0.00   2010 Time series
= 61     Macedonia, Republic of: $0.00   2010 Time series
= 61     Jamaica: $0.00   2010 Time series
= 61     Haiti: $0.00   2010 Time series
# 166     Guinea-Bissau: -$6,000,000.00   2007 Time series
# 167     Tuvalu: -$11,680,000.00   2003 Time series
# 168     Kiribati: -$21,000,000.00   2007 Time series
# 169     Tonga: -$23,000,000.00   2007 Time series
# 170     Samoa: -$24,000,000.00   2007 Time series
# 171     Micronesia, Federated States of: -$34,300,000.00   2006 Time series
# 172     Anguilla: -$42,870,000.00   2003 Time series
# 173     Vanuatu: -$60,000,000.00   2007 Time series
# 174     Sierra Leone: -$63,000,000.00   2007 Time series
# 175     Dominica: -$72,000,000.00   2007 Time series
# 176     Central African Republic: -$77,000,000.00   2007 Time series
# 177     Grenada: -$138,000,000.00   2007 Time series
# 178     Solomon Islands: -$143,000,000.00   2007 Time series
# 179     Saint Vincent and the Grenadines: -$149,000,000.00   2007 Time series
# 180     Saint Kitts and Nevis: -$163,000,000.00   2007 Time series
# 181     Mauritania: -$184,000,000.00   2007 Time series
# 182     Saint Lucia: -$199,000,000.00   2007 Time series
# 183     Antigua and Barbuda: -$211,000,000.00   2007 Time series
# 184     Liberia: -$224,000,000.00   2007 Time series
# 185     Barbados: -$254,000,000.00   2007 Time series
# 186     Niger: -$321,000,000.00   2007 Time series
# 187     Mali: -$446,000,000.00   2007 Time series
# 188     Fiji: -$507,000,000.00   2007 Time series
Total: $1,348,654,410,000.00   
Weighted average: $7,173,693,670.21  


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.

SOURCE: CIA World Factbooks 18 December 2003 to 28 March 2011

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CITATION

"Current account balance by country", CIA World Factbooks 18 December 2003 to 28 March 2011. Retrieved from http://www.NationMaster.com/graph/eco_cur_acc_bal-economy-current-account-balance

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COMMENTARY     

malek khasawneh
21st October 2009 		I hope to find data about current account from 1960-2007
Ian Graham
Staff Editor
3rd March 2005 		The current account balance is a tally of transactions between countries.

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.

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.

The third component of the current account balance is the difference between income from assets owned abroad, and money flowing out to foreign owners.

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. http://www.swlearning.com/economics/econ_data/current_account/current_account_definition.html

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