Current account balance (% of GDP) by country

What this measures

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.

Ranking

More economic policy & debt indicators

• Trade in services (% of GDP)
• Communications, computer, etc. (% of service imports, BoP)
• Primary income payments (BoP, current US$)
• Imports of goods and services (current US$, BoP)
• Insurance and financial services (% of service imports, BoP)
• Goods imports (current US$, BoP)
• Service imports (current US$, BoP)
• Charges for the use of intellectual property, payments (BoP, current US$)
• Imports of goods, services and primary income (current US$, BoP)
• Transport services (% of service imports, BoP)
• Travel services (% of service imports, BoP)
• Foreign direct investment, net outflows (BoP, current US$)

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Source

World Bank, World Development Indicators, BN.CAB.XOKA.GD.ZS, CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.