List of countries by current account balance

From Wikipedia, the free encyclopedia

This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.

World map by current account balance (% of GDP), 2023, according to World Bank[1]

According to World Bank, ″the current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.″ Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.[2]

According to United Nations Conference on Trade and Development, ″the current account forms part of the balance of payments and displays the flows of goods, services, primary income, and secondary income between residents and nonresidents of an economy. The current account balance measures, in general, the difference between current receipts and expenditures for internationally traded goods, services and income payments. At the same time, from a national perspective, the current account balance represents the gap between domestic saving and investment.″[3]

According to Organisation for Economic Co-operation and Development, ″the current account balance of payments is a record of a country's international transactions with the rest of the world. The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. Also covered are offsets to current economic values provided or acquired without a quid pro quo. This indicator is measured in million USD and percentage of GDP.″[4]

List of countries by current account balance

The following table provides information on current account balance (CAB) based on data published by World Bank,[5][6] United Nations Conference on Trade and Development[7] and Organisation for Economic Co-operation and Development.[4] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.

More information Country/Territory/Region/Group, WB ...
 Country/Territory/Region/Group WB[5][6]UNCTAD (2022)[7]OECD (2023)[4]
(mil. USD)(% of GDP)Year(mil. USD)(% of GDP)(mil. USD)(% of GDP)
United Nations WORLD338657.350.34
 Aruba230.566.502022389.0511.14
 Afghanistan−3136.73−15.722020−3136.73−15.57
 Angola4210.064.97202311762.8816.68
 Anguilla−126.48−37.95
 Albania−202.32−0.882023−1134.67−6.20
 Andorra583.2017.252022
 United Arab Emirates59616.8212.09
 Argentina−21493.97−3.362023−3787.74−0.60−20371.92−3.15
 Armenia−510.10−2.112023−167.04−0.86
 Antigua and Barbuda−262.10−12.892023−284.52−17.20
 Australia21383.791.24202319548.331.094797.080.28
 Austria13686.372.6520233234.000.6915087.972.92
 Azerbaijan8329.3711.51202323478.0833.60
 Burundi−362.64−13.602018−612.90−13.32
 Belgium−6205.46−0.982023−20251.54−3.50−6195.25−0.99
 Benin−734.66−4.152021−912.80−5.28
 Burkina Faso−1403.97−7.462022−1099.60−5.58
 Bangladesh4387.571.002023−14369.59−3.32
 Bulgaria−248.13−0.242023−591.65−0.66
 Bahrain2699.476.2520236838.5615.45
 Bahamas−1763.09−13.422022−1519.20−11.99
 Bosnia and Herzegovina−760.47−2.812023−1101.19−4.39
 Belarus−1020.27−1.4220232677.453.63
 Belize−90.63−2.762023−258.49−8.93
 Bermuda962.2613.212021444.205.81
 Bolivia−1246.88−2.722023−151.55−0.35
 Brazil−30828.24−1.422023−56997.41−3.04−24317.66−1.11
 Barbados−296.40−5.932017−611.55−10.87
 Brunei3264.0319.5720223264.0319.68
 Bhutan−1000.00−33.322023−852.58−34.48
 Botswana606.392.982022606.393.43
 Central African Republic−24.68−2.901994−234.70−9.67
 Canada−13254.65−0.622023−6654.34−0.31−15564.55−0.73
 Switzerland67821.247.66202381459.359.8460892.826.89
 Chile−11899.04−3.552023−27101.82−9.00−11317.73−3.37
 China252987.271.422023401855.412.22252987.301.42
 Ivory Coast−5393.83−7.692022−5098.40−7.58
 Cameroon−1505.13−3.452022−3028.90−6.93
 Democratic Republic of the Congo−587.41−1.062021−869.20−1.48
 Republic of the Congo1715.9111.5720213302.5024.99
 Colombia−9715.36−2.672023−21252.36−6.24−9116.77−2.54
 Comoros−6.61−0.532022−66.10−5.10
 Cape Verde−82.49−3.192023−67.73−3.57
 Costa Rica−844.64−0.982023−2706.05−3.98−1284.50−1.48
 Curaçao−877.28−28.542022−499.00−16.60
 Cayman Islands−821.40−13.552021−580.90−8.75
 Cyprus−3885.79−12.062023−2625.39−9.26
 Czech Republic1280.620.392023−17365.73−5.99531.370.14
 Germany262722.965.902023172723.854.24274866.806.16
 Djibouti656.2117.862022−182.31−4.53
 Dominica−221.94−33.942023−163.00−26.37
 Denmark44195.3110.93202351460.7213.1440585.439.96
 Dominican Republic−4376.30−3.602023−6326.80−5.64
 Algeria5423.602.26202318279.199.28
 Ecuador2291.321.9320232711.402.34
 Egypt−10536.56−2.212022−10536.56−2.64
 Eritrea−104.66−14.822000234.809.56
 Spain41093.572.6020237575.160.5442335.912.68
 Estonia−848.53−2.082023−1104.33−2.84−608.55−1.50
 Ethiopia−4787.66−2.922023−5160.40−4.45
 Finland−4364.14−1.452023−10294.65−3.64−2461.52−0.83
 Fiji−865.67−17.382022−867.96−18.41
 France−22791.59−0.752023−59707.69−2.14−22845.92−0.75
 Faroe Islands194.307.752011
 Federated States of Micronesia22.417.0220144.481.05
 Gabon141.000.982015260.111.30
 United Kingdom−110393.16−3.312023−121382.30−3.96−110055.50−3.29
 Georgia−1326.39−4.342023−979.30−3.94
 Ghana−1516.94−2.042022−1517.03−2.04
 Guinea3350.2415.9520223350.2416.60
 Gambia−90.25−4.152022−243.00−11.03
 Guinea-Bissau−146.64−8.552022−105.00−6.82
 Equatorial Guinea−344.04−148.001996674.403.99
 Greece−15055.69−6.322023−21131.95−9.62−15963.13−6.70
 Grenada−184.24−13.952023−55.23−4.69
 Guatemala3281.143.2220231319.431.43
 Guyana−254.12−1.7320223182.9039.57
 Hong Kong35365.799.26202337909.2010.44
 Honduras−1334.62−3.882023−1074.30−3.38
 Croatia956.971.162023−1464.48−2.08
 Haiti−491.95−2.432022−481.00−2.53
 Hungary623.550.292023−14243.43−8.55383.140.14
 Indonesia−1879.59−0.14202313125.651.00−2140.99−0.15
 India−32336.34−0.912023−80433.19−2.31−30585.86−0.88
 Ireland53997.149.90202346520.999.1043887.657.96
 Iran12481.0011.392000−1651.00−0.32
 Iraq58009.5020.24202231423.0011.75
 Iceland324.661.052023−451.41−1.62222.340.72
 Israel25089.004.92202318436.003.6124902.804.93
 Italy11551.650.512023−26658.11−1.3310928.100.48
 Jamaica−129.76−0.762022−129.76−0.81
 Jordan−4159.13−8.552022−4159.15−8.63
 Japan150690.623.58202390963.102.17150824.503.60
 Kazakhstan−8658.42−3.3120238527.563.86
 Kenya−5765.54−5.082022−5765.54−4.97
 Kyrgyzstan−5179.63−42.682022−5422.24−49.75
 Cambodia552.611.742023−7582.25−26.23
 Kiribati−6.46−2.392022−8.95−3.99
 Saint Kitts and Nevis−143.26−13.302023−33.20−3.50
 South Korea35488.202.07202329830.901.7935487.801.93
 Kuwait51396.1631.77202363082.1833.96
 Laos−10.95−0.072022−1028.70−6.50
 Lebanon−5642.83−31.462023−5909.60−15.57
 Liberia64.811.622022
 Libya5675.3011.882021−4780.20−10.20
 Saint Lucia−45.38−1.802023−53.32−2.58
 Sri Lanka1558.911.852023−1453.50−2.03
 Lesotho−117.50−5.742023−149.89−6.32
 Lithuania1505.701.932023−3583.03−5.061491.571.92
 Luxembourg5825.756.7920233060.283.685388.966.24
 Latvia−1751.64−4.022023−2642.19−6.24−1661.92−3.81
 Macau2782.3811.372022−5172.07−24.37
 Morocco−4775.21−3.652022−4775.21−3.48
 Moldova−1973.65−11.932023−2275.20−15.81
 Madagascar−829.38−5.422022−1209.10−8.06
 Maldives−1033.06−16.742022−1033.06−17.23
 Mexico−5715.66−0.322023−13423.48−0.95−4394.05−0.24
 Marshall Islands76.2629.582021−20.92−7.59
 North Macedonia99.230.672023−840.41−6.12
 Mali−1475.43−7.862022−1320.94−7.22
 Malta−1019.62−5.552022−1019.62−5.80
 Myanmar67.720.092019−2127.70−3.77
 Montenegro−841.77−11.372023−817.74−13.89
 Mongolia121.270.612023−2303.50−15.44
 Mozambique−2425.51−11.762023−6295.47−35.20
 Mauritania−1424.10−14.622022−2003.00−19.63
 Montserrat−6.79−8.80
 Mauritius−654.05−4.542023−1580.09−12.62
 Malawi−2275.51−17.332022−2162.10−17.43
 Malaysia12271.243.01202212271.243.02
 Namibia−1847.55−14.962023−1568.96−12.94
 New Caledonia−654.24−7.502016
 Niger−2500.09−16.202022−2380.30−16.53
 Nigeria−805.78−0.2220231018.600.22
 Nicaragua1381.207.752023−215.89−1.37
 Netherlands112951.5410.10202343587.884.39116937.0010.45
 Norway86367.7717.792023175371.6336.3785229.8417.56
 Nepal939.382.302023−2470.62−6.39
 Nauru8.416.4220188.416.08
 New Zealand−16981.86−6.702023−21618.32−8.88−17169.41−6.91
 Oman5652.234.9320223741.203.26
 Pakistan−350.04−0.102023−12129.11−3.72
 Panama−3738.67−4.482023−2967.00−4.17
 Peru2219.450.832023−9908.20−4.05
 Philippines−11206.50−2.562023−17832.03−4.41
 Palau−135.43−55.882022−156.45−67.86
 Papua New Guinea4498.8717.2320219977.1031.74
 Poland12689.001.562023−20651.00−3.0012597.051.55
 Portugal3974.151.382023−3385.00−1.344013.521.40
 Paraguay109.630.262023−2713.00−6.52
 Palestine−2036.63−10.632022−2865.38−14.64
 French Polynesia411.967.492016
 Qatar38117.3117.50202463117.9827.77
 Romania−24486.70−6.982023−27978.58−9.37
 Russia50224.442.482023233018.5010.8949557.00
 Rwanda−1653.72−11.732023−1306.26−10.37
 Saudi Arabia34070.463.192023150753.1114.2033485.193.19
 Sudan−4442.78−8.602022−4442.78−9.12
 Senegal−3327.28−12.092021−5859.50−21.39
 Singapore99127.7219.77202390239.3620.64
 Solomon Islands−178.20−10.922023−218.53−13.03
 Sierra Leone−156.70−3.832022−438.20−11.10
 El Salvador−465.69−1.372023−2146.17−6.81
 Serbia−1953.96−2.602023−4433.99−6.07
 South Sudan−596.75−11.732022529.749.67
 São Tomé and Príncipe−79.44−14.642022−76.04−13.17
 Suriname146.753.88202371.312.02
 Slovakia−2088.44−1.572023−9384.56−8.27−1816.47−1.37
 Slovenia3056.924.482023−284.37−0.462917.724.25
 Sweden40072.866.75202325014.844.2437168.956.35
 Eswatini−140.97−2.942022−140.97−3.13
 Sint Maarten−41.64−2.712022−67.00−5.43
 Seychelles−155.19−7.252023−140.00−8.21
 Syria−367.39−0.602010−2481.30−9.33
 Turks and Caicos Islands172.7115.302018
 Chad−37.74−3.201994123.000.74
 Togo−20.74−0.282020−204.80−2.60
 Thailand7002.071.362023−17229.99−3.45
 Tajikistan584.024.8420231634.6016.06
 Turkmenistan1468.553.20
 Timor-Leste−227.62−10.152023−674.27−30.53
 Tonga−28.84−5.762022−31.43−6.47
 Trinidad and Tobago5381.9117.9120225381.9119.39
 Tunisia−4018.32−9.012022−3932.90−8.42
 Turkey−44961.00−4.062023−48751.00−5.43−43865.13−3.97
 Tuvalu2.714.5920222.484.04
 Taiwan100877.0013.27
 Tanzania−5384.42−7.112022−5397.10−6.95
 Uganda−4172.07−9.162022−3947.19−8.45
 Ukraine−9209.00−5.1520237860.005.10
 Uruguay−2796.90−3.622023−2268.14−3.14
 United States−818822.00−2.992023−943800.00−3.69−905376.00−3.31
 Uzbekistan−7787.62−8.572023−628.28−0.79
 Saint Vincent and the Grenadines−142.76−13.392023−184.80−19.84
 Venezuela−3870.001.022016−3870.00−1.34
 Vietnam25090.005.842023−1074.00−0.27
 Vanuatu−127.43−12.472022−53.20−5.36
 Samoa46.514.982023−78.20−9.38
 Kosovo−794.76−7.612023
 Yemen−2418.96−7.722016−2418.96−12.92
 South Africa−6159.98−1.632023−1788.75−0.44−6202.27−1.63
 Zambia1093.013.7520221154.624.24
 Zimbabwe1096.265.1020201096.265.06
Developed economies−336089.70−0.56
Developed economies: Americas−950010.14−3.43
Developed economies: Asia139230.002.18
Developed economies: Europe476760.432.02
Developed economies: Oceania−2069.99−0.10
Developing economies674747.051.67
Developing economies: Africa−43814.27−1.56
Developing economies: Americas−144622.16−2.47
Developing economies: Asia854635.072.69
Developing economies: Oceania8548.4120.67
Developing economies excluding China272891.641.22
Developing economies excluding LDCs739202.401.89
LDCs (Least developed countries)−64455.35−4.91
LDCs: Africa−29381.28−4.29
LDCs: Asia−33551.67−5.56
LDCs: Islands and Haiti−1522.41−6.07
LLDCs (Landlocked Developing Countries)300.020.03
SIDS (Small Island Developing States) (UN-OHRLLS)98364.4910.75
SIDS: Atlantic and Indian Ocean4214.745.44
SIDS: Caribbean−3963.76−1.11
SIDS: Pacific98113.5120.41
Low-income developing economies (UN)−64662.68−6.12
Middle-income developing economies (UN)−74673.10−0.80
High-income developing economies (UN)814082.832.70
BRICS495654.561.91
European Union108810.420.65348105.301.89
G7 (Group of Seven)−617222.60−1.32
G20 (Group of Twenty)−229112.79−0.27
G77 (Group of 77)603021.791.65
OECD (Organisation for Economic Cooperation and Development)−649041.65−1.09−198218.10−0.31
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