China Current Account Balance: % of GDP
China Current Account surplus accounted for 2.4 % of the country's Nominal GDP in Sep 2020, compared with a 3.1 % surplus in the previous quarter. China Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 1998 to Sep 2020, with an average value of 2.4 %. The data reached an all-time high of 11.1 % in Dec 2006 and a record low of -1.3 % in Mar 2018. CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The State Administration of Foreign Exchange provides Current Account Balance in USD. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
In the latest reports of China, Current Account recorded a surplus of 92.2 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 58.1 USD bn in Sep 2020. China Direct Investment Abroad expanded by 33.0 USD bn in Sep 2020. Its Foreign Portfolio Investment increased by 79.6 USD bn in Sep 2020. The country's Nominal GDP was reported at 3,849.8 USD bn in Sep 2020.
View China's Current Account Balance: % of GDP from Mar 1998 to Sep 2020 in the chart:
What was China's Current Account Balance: % of GDP in Sep 2020?
|2.4 Sep 2020||3.1 Jun 2020||-1.3 Mar 2018||11.1 Dec 2006||%||quarterly||Mar 1998 - Sep 2020|
Current Account Balance: % of GDP by Country Comparison
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|Albania (%)||-5.8 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||-9.6 Jun 2019||quarterly||Mar 2007 - Jun 2019|
|Argentina (%)||1.3 Sep 2020||quarterly||Mar 2004 - Sep 2020|
|Armenia (%)||-1.9 Sep 2020||quarterly||Dec 1994 - Sep 2020|
|Australia (%)||2.1 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||3.5 Sep 2020||quarterly||Mar 1970 - Sep 2020|
|Azerbaijan (%)||6.1 Mar 2020||quarterly||Mar 2013 - Mar 2020|
|Bahrain (%)||3.3 2014||yearly||1997 - 2014|
|Bangladesh (%)||-1.6 2020||yearly||1998 - 2020|
|Belarus (%)||3.8 Sep 2020||quarterly||Mar 1996 - Sep 2020|
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China Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-5.8 Sep 2020||quarterly||Dec 1995 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||48,725.726 Oct 2020||monthly||Jan 1995 - Oct 2020|
|Tax Revenue (USD mn)||139,075.255 Nov 2020||monthly||Jan 1995 - Nov 2020|
|Tax Revenue: % of GDP (%)||13.9 Sep 2020||quarterly||Mar 1995 - Sep 2020|
|National Government Debt (USD mn)||2,413,715.4 2019||yearly||2005 - 2019|
|Government Debt: % of GDP (%)||18.0 Jun 2020||quarterly||Mar 2014 - Jun 2020|
|Forecast: Government Expenditure (RMB bn)||50,816.686 2025||yearly||1982 - 2025|
|Forecast: Government Net Debt (RMB bn)||119,832.398 2025||yearly||1995 - 2025|
|Forecast: Government Revenue (RMB bn)||38,329.759 2025||yearly||1982 - 2025|
|Foreign Debts: Qtr: Total (USD mn)||2,294,400.000 Sep 2020||quarterly||Jun 2003 - Sep 2020|
|Foreign Debts: Qtr: Long Term (USD mn)||998,800.000 Sep 2020||quarterly||Jun 2003 - Sep 2020|
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