WebCurrent Account Balance (% of GDP) -7.1 -1.1 -4.3 -7.3 -4.5 Free sample report Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and … WebThe United States recorded a Current Account deficit of 3.70 percent of the country's Gross Domestic Product in 2024. It is the highest deficit since 2008. Current Account to GDP in the United States averaged -2.68 percent of GDP from 1980 until 2024, reaching an all time high of 0.20 percent of GDP in 1981 and a record low of -6.00 percent of GDP in …
Current account – UNCTAD Handbook of Statistics 2024
WebWhen a country’s current account balance is negative (also known as running a deficit), the country is a net borrower from the rest of the world. The ratio of the current account balance to the Gross Domestic Product (or % of GDP) provides an indication of the … Current Account Balance (USD bn) 8.1 -4.6 ... 3.7 Current Account Balance (% of … WebJun 21, 2024 · Current Account: The current account records a nation's transactions with the rest of the world – specifically its net trade in goods and services, its net earnings on … decorative kitchen pendant lighting
Current Account - Definition, Data & Forecasts
WebApr 15, 2024 · The current account balance is positive also if a country saves more than what is spent on domestic investment. The IMF’s spring edition of the World Economic Outlook projects the Chinese current account balance to be around 0.5% of GDP in 2024, enter negative territory in 2024, and stand at minus 0.2% by 2024. But during the last 15 … WebMar 16, 2024 · Impact On The Currency. The Current Account balance reflects the overall economic activity and the revenue circulation in and out of the country. As a percentage … Web(a) Name: Current account deficit as share of Gross domestic product (GDP) (b) Brief Definition: The balance of the current account (deficit or surplus) in a country divided by Gross Domestic Product. federal hst 147 grain 9mm