China Current Account to GDP

China recorded a Current Account surplus of 2 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in China is reported by the State Administration of Foreign Exchange, China. Current Account to GDP in China averaged 2.24 Percent from 1980 until 2013, reaching an all time high of 10.10 Percent in 2007 and a record low of -3.70 Percent in 1985. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - China Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.00 2.60 10.10 -3.70 1.99 | 2014/12 1980 - 2013 Percent Yearly

TO

China Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account 439.91 2013-11-15 403.77 1330.85 -8.96 355.45 2014-03-31 USD Hundred Million [+]
Capital Flows 1270.42 2013-11-15 805.05 1320.80 -517.00 1063.42 2014-03-31 USD HML [+]
Crude Oil Production 4255.00 2013-10-15 4107.00 4281.00 1012.00 4145.59 2013-11-30 Thousands Barrels per Day [+]
External Debt 8631.67 2013-12-31 7369.86 8631.67 158.28 9094.36 2014-06-30 USD HML [+]
Foreign Direct Investment 315.50 2014-03-31 193.00 1175.86 18.32 398.15 2014-04-30 USD Hundred Million [+]
Gold Reserves 1054.09 2013-12-31 1054.09 1054.09 395.01 Tonnes [+]
Terms Of Trade 101.52 2013-12-15 99.09 118.33 81.75 102.30 2014-01-31 Index Points [+]
Tourist Arrivals 139.20 2014-02-15 147.40 216.60 21.70 175.58 2014-03-31 Tens of Thousands [+]
Current Account to GDP 2.00 2013-12-31 2.60 10.10 -3.70 1.99 2014-12-31 Percent [+]
Balance of Trade 77.06 2014-03-15 -229.89 404.00 -319.71 -13.84 2014-04-30 USD Hundred Million [+]
Exports 1701.10 2014-03-15 1140.94 2077.42 13.00 1730.06 2014-04-30 USD Hundred Million [+]
Imports 1624.05 2014-03-15 1370.82 1830.13 16.60 1734.23 2014-04-30 USD Hundred Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


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