china current account 2020




: Mainland (CHNBCABP6USD) from 2016 to 2024 about current account, BOP, China… Flexible monthly access to CEIC data In June 2020, the trade surplus in China amounted to approximately 46.4 billion U.S. dollars. The Q4 trade and current account surpluses were both actually fairly large (the Q4 current account surplus was $55 billion) and China easily defied predictions that it would run a deficit in 2018. Foreign Direct Investment (FDI) increased by 33.6 USD bn in Mar 2020. Current Account to GDP in China averaged 2.14 percent from 1980 until 2019, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985. The Trading Economics Application Programming Interface (API) provides direct access to our data.

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The current account includes all the transactions (other than those in financial items) that involve economic values and … The country's Nominal GDP was reported at 2,959.1 USD bn in Mar 2020. China's Current Account recorded a deficit of 33.7 USD bn in Mar 2020, compared with a surplus of 40.5 USD bn in the previous quarter. The data reached an all-time high of 133.1 USD bn in Dec 2008 and a record low of -40.3 USD bn in Mar 2018. The current account balance of payments is a record of a country's international transactions with the rest of the world.

China's Current Account Balance: USD mn data is updated quarterly, available from Mar 1998 to Mar 2020, with an averaged value of 34.0 USD bn. 1998 - 2020 | Quarterly | USD mn | State Administration of Foreign Exchange China’s current-account surplus has been a subject of contentious international economic policy debate for several years. China recorded a Current Account deficit of 337 USD HML in the first quarter of 2020. License : CC BY-4.0 License : CC BY-4.0 China's Current Account recorded a deficit of 33.7 USD bn in Mar 2020, compared with a surplus of 40.5 USD bn in the previous quarter. 1998-2020 Data | 2021-2022 Forecast | Historical | ChartDownload historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Its Foreign Portfolio Investment increased by 41.1 USD bn in Dec 2019. Goods trade posted a surplus of 23.1 billion dollars, while trade in services saw a deficit of 47 billion dollars. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Instant access to full history data in excel Current Account in China averaged 385.09 USD HML from 1998 until 2020, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -403.15 USD HML in the first quarter of 2018. The trade balance (exports minus imports) is the largest component of a current account surplus or deficit. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
The nation’s current account is its imports, exports, net income, asset income, and direct transfers. A negative account means it spends more then it earns.

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