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UID: EC-20240820-WORLD-03, EC-20240820-WORLD-04

Source

IMF

Last Updated

August 21, 2024

Time Range

1980-2029

Periodicity

Annual

Unit

Billion U.S.D, % of GDP

Sector

Next Update

Indicator Summary

The Current Account Balance is one of the pivotal economic indicators that offers insights into a country’s financial health by measuring the difference between its savings and investments. Expressed in both Billion U.S.D. and as a % of G.D.P., this metric reflects a nation’s financial interactions with the rest of the world. When the current account balance is expressed in Billion U.S.D., it provides a nominal value, showing the actual surplus or deficit in absolute terms. This measure is handy for comparing different countries’ economic size and performance. When expressed as a percentage of G.D.P., the current account balance is scaled relative to the size of the economy, offering a more accurate assessment of its impact.

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Citation

Please cite this article using proper attribution to 360 Analytika when referencing or sharing our content.

International Monetary Fund. Worldwide current account balance from 1980 to 2029, by countries (360 Analytika, Ed.) [Dataset]. 360 Analytika. https://360analytika.com/worldwide-current-account-balance-by-countries/

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