China Forecast: Current Account Balance

1997 - 2028 | Yearly | USD bn | International Monetary Fund

Key information about China Forecast: Current Account Balance

  • China Current Account Balance is forecasted to be 250.863 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 271.439 USD bn in Dec 2023.
  • Looking ahead, China Current Account Balance is projected to stand at 160.975 USD bn in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View China's Forecast: Current Account Balance from 1997 to 2028 in the chart:

China Forecast: Current Account Balance

What is China's Forecast: Current Account Balance in 2028?

China Current Account Balance is forecasted to be 250.863 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
160.975 2028 182.670 2027 17.405 2001 420.569 2008 USD bn yearly 1997 - 2028

Forecast: Current Account Balance by Country Comparison

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Includes Forecast: Current Account Balance on 194 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (USD bn) 2.247 2020 yearly 2002 - 2020
Albania (USD bn) -1.790 2028 yearly 1980 - 2028
Algeria (USD bn) -13.583 2028 yearly 1980 - 2028
Andorra (USD bn) 0.842 2028 yearly 2019 - 2028
Angola (USD bn) 2.023 2028 yearly 1980 - 2028
Antigua and Barbuda (USD bn) -0.265 2028 yearly 2014 - 2028
Argentina (USD bn) 7.340 2028 yearly 1980 - 2028
Armenia (USD bn) -1.789 2028 yearly 1992 - 2028
Aruba (USD bn) 0.328 2028 yearly 1999 - 2028
Australia (USD bn) -18.570 2028 yearly 1980 - 2028
Austria (USD bn) 1.670 2028 yearly 1980 - 2028
Azerbaijan (USD bn) 6.695 2028 yearly 1992 - 2028
Bahamas (USD bn) -0.965 2028 yearly 1980 - 2028
Bahrain (USD bn) 1.321 2028 yearly 1980 - 2028
Bangladesh (USD bn) -21.942 2028 yearly 1980 - 2028
Barbados (USD bn) -0.438 2028 yearly 1980 - 2028
Belarus (USD bn) -0.016 2028 yearly 1992 - 2028
Belgium (USD bn) -2.148 2028 yearly 1980 - 2028
Belize (USD bn) -0.215 2028 yearly 1980 - 2028
Benin (USD bn) -1.245 2028 yearly 1980 - 2028
Bhutan (USD bn) -0.416 2028 yearly 1980 - 2028
Bolivia (USD bn) -2.306 2028 yearly 1980 - 2028
Bosnia and Herzegovina (USD bn) -1.298 2028 yearly 1998 - 2028
Botswana (USD bn) 0.165 2028 yearly 1980 - 2028
Brazil (USD bn) -59.994 2028 yearly 1980 - 2028
Brunei (USD bn) 2.542 2028 yearly 1981 - 2028
Bulgaria (USD bn) -0.406 2028 yearly 1980 - 2028
Burkina Faso (USD bn) -1.144 2028 yearly 1980 - 2028
Burundi (USD bn) -0.583 2028 yearly 1980 - 2028
Cambodia (USD bn) -2.954 2028 yearly 1992 - 2028
Cameroon (USD bn) -2.000 2028 yearly 1980 - 2028
Canada (USD bn) -55.335 2028 yearly 1980 - 2028
Cape Verde (USD bn) -0.145 2028 yearly 1980 - 2028
Central African Republic (USD bn) -0.173 2028 yearly 1980 - 2028
Chad (USD bn) -0.981 2028 yearly 1980 - 2028
Chile (USD bn) -12.671 2028 yearly 1980 - 2028
China (USD bn) 160.975 2028 yearly 1997 - 2028
Colombia (USD bn) -17.763 2028 yearly 1980 - 2028
Comoros (USD bn) -0.085 2028 yearly 1980 - 2028
Congo (USD bn) -0.461 2028 yearly 1980 - 2028
Costa Rica (USD bn) -1.864 2028 yearly 1980 - 2028
Croatia (USD bn) 0.205 2028 yearly 1992 - 2028
Cyprus (USD bn) -3.179 2028 yearly 1980 - 2028
Czech Republic (USD bn) 9.626 2028 yearly 1995 - 2028
Democratic Republic of Congo (USD bn) -3.273 2028 yearly 1980 - 2028
Denmark (USD bn) 45.017 2028 yearly 1980 - 2028
Djibouti (USD bn) 0.128 2028 yearly 1991 - 2028
Dominica (USD bn) -0.118 2028 yearly 2000 - 2028
Dominican Republic (USD bn) -4.927 2028 yearly 1980 - 2028
Ecuador (USD bn) 2.607 2028 yearly 1980 - 2028
Egypt (USD bn) -15.999 2028 yearly 1980 - 2028
El Salvador (USD bn) -1.957 2028 yearly 1980 - 2028
Equatorial Guinea (USD bn) -0.767 2028 yearly 1987 - 2028
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) 0.619 2028 yearly 1993 - 2028
Swaziland (USD bn) 0.018 2028 yearly 1980 - 2028
Ethiopia (USD bn) -5.546 2028 yearly 1980 - 2028
Fiji (USD bn) -0.592 2028 yearly 1980 - 2028
Finland (USD bn) -1.459 2028 yearly 1980 - 2028
France (USD bn) -13.987 2028 yearly 1980 - 2028
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.134 2028 yearly 1980 - 2028
Georgia (USD bn) -2.346 2028 yearly 1995 - 2028
Germany (USD bn) 330.963 2028 yearly 1980 - 2028
Ghana (USD bn) -2.914 2028 yearly 1980 - 2028
Greece (USD bn) -9.215 2028 yearly 1980 - 2028
Grenada (USD bn) -0.196 2028 yearly 2014 - 2028
Guatemala (USD bn) 0.063 2028 yearly 1980 - 2028
Guinea (USD bn) -2.239 2028 yearly 1980 - 2028
Guinea-Bissau (USD bn) -0.118 2028 yearly 1980 - 2028
Guyana (USD bn) 14.259 2028 yearly 1980 - 2028
Haiti (USD bn) -0.130 2028 yearly 1980 - 2028
Honduras (USD bn) -1.736 2028 yearly 1980 - 2028
Hong Kong SAR, China (USD bn) 25.833 2028 yearly 1980 - 2028
Hungary (USD bn) 1.409 2028 yearly 1980 - 2028
Iceland (USD bn) 0.471 2028 yearly 1980 - 2028
India (USD bn) -137.893 2028 yearly 1980 - 2028
Indonesia (USD bn) -30.420 2028 yearly 1980 - 2028
Iran (USD bn) 12.060 2028 yearly 1980 - 2028
Iraq (USD bn) -24.042 2028 yearly 2001 - 2028
Ireland (USD bn) 44.016 2028 yearly 1980 - 2028
Israel (USD bn) 23.348 2028 yearly 1980 - 2028
Italy (USD bn) 53.574 2028 yearly 1980 - 2028
Ivory Coast (USD bn) -3.088 2028 yearly 1980 - 2028
Jamaica (USD bn) -0.511 2028 yearly 1980 - 2028
Japan (USD bn) 167.498 2028 yearly 1980 - 2028
Jordan (USD bn) -2.347 2028 yearly 1980 - 2028
Kazakhstan (USD bn) -10.333 2028 yearly 1992 - 2028
Kenya (USD bn) -7.497 2028 yearly 1980 - 2028
Kiribati (USD bn) 0.027 2028 yearly 1980 - 2028
South Korea (USD bn) 66.020 2028 yearly 1980 - 2028
Kosovo (USD bn) -0.733 2028 yearly 2000 - 2028
Kuwait (USD bn) 29.379 2028 yearly 1980 - 2028
Kyrgyzstan (USD bn) -0.736 2028 yearly 1992 - 2028
Laos (USD bn) -1.018 2028 yearly 1980 - 2028
Latvia (USD bn) -1.280 2028 yearly 1992 - 2028
Lebanon (USD bn) -6.271 2022 yearly 1980 - 2022
Lesotho (USD bn) -0.127 2028 yearly 1980 - 2028
Liberia (USD bn) -1.265 2028 yearly 2000 - 2028
Libya (USD bn) 7.305 2028 yearly 1980 - 2028

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China Key Series

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Includes 272 key indicators for China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Consolidated Fiscal Balance (USD mn) 13,359.283 Feb 2024 monthly Jan 1995 - Feb 2024
Tax Revenue (USD mn) 177,992.213 Dec 2023 monthly Jan 1995 - Dec 2023
Tax Revenue: % of GDP (%) 12.1 Dec 2023 quarterly Mar 1995 - Dec 2023
National Government Debt (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (RMB bn) 58,979.220 2028 yearly 1982 - 2028
Forecast: Government Net Debt (RMB bn) 174,424.650 2028 yearly 1995 - 2028
Forecast: Government Revenue (RMB bn) 45,901.290 2028 yearly 1982 - 2028
Foreign Debts: Qtr: Long Term (USD mn) 1,084,700.000 Dec 2023 quarterly Jun 2003 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 39,705.5 Feb 2024 monthly Jan 1992 - Feb 2024
Total Exports (USD mn) 220,279.3 Feb 2024 monthly Jan 1992 - Feb 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 180,573.8 Feb 2024 monthly Jan 1992 - Feb 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 30,786.817 Feb 2024 monthly Jan 1981 - Feb 2024
Total Imports from USA (USD mn) 11,862.668 Feb 2024 monthly Jan 1981 - Feb 2024
Trade Index: Export: Quantum (Prev Year=100) 119.600 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Export: Value (Prev Year=100) 110.600 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Value (Prev Year=100) 96.100 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Export: Unit Value (Prev Year=100) 92.500 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Quantum (Prev Year=100) 93.400 Feb 2024 monthly Jan 2005 - Feb 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.900 Feb 2024 monthly Jan 2005 - Feb 2024
Automobile: Exports: Total (USD mn) 14,119.041 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: MC: Bus (USD mn) 1,707.423 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: MC: Sedan (USD mn) 1,088.459 Feb 2024 monthly Jan 2003 - Feb 2024
Automobile: Exports: Motorcycle (USD mn) 532.273 Feb 2024 monthly Mar 2003 - Feb 2024
Automobile: Imports: Total (USD mn) 4,706.926 Feb 2024 monthly Jan 2003 - Feb 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 39.495 Feb 2024 monthly Jan 2002 - Feb 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 454.339 Feb 2024 monthly Jan 2002 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 43,582.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance (USD mn) 56,191.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment (USD mn) 17,668.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment (USD mn) 45,812.551 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.0 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -13,685.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 59,498.171 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.4 2022 yearly 1985 - 2022
Forecast: Current Account Balance (USD bn) 160.975 2028 yearly 1997 - 2028
Net International Investment Position (USD mn) 2,908,204.202 Dec 2023 quarterly Mar 2011 - Dec 2023
BoP: CA: Goods (USD mn) 151,143.123 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Credit (USD mn) 988,546.409 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Export (USD mn) 843,200.180 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services (USD mn) -56,695.103 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Credit (USD mn) 85,533.362 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income (USD mn) 4,390.635 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 50,147.937 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Asset (USD mn) -89,936.814 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Debit (USD mn) -932,354.900 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Import (USD mn) -692,057.057 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Credit (USD mn) 38.919 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income (USD mn) -42,647.146 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Asset (USD mn) -77,416.174 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Debit (USD mn) -142,228.464 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Credit (USD mn) 9,664.931 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) -92,795.083 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -9,555.840 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account (USD mn) -81.481 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Debit (USD mn) -5,274.295 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve (USD mn) -34,033.548 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Current Account (CA) (USD mn) 56,191.509 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Reserve Asset (USD mn) -12,520.640 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Financial Account (FA) (USD mn) -46,554.188 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Debit (USD mn) -120.400 Dec 2023 quarterly Mar 1998 - Dec 2023
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 167,895.000 Feb 2024 monthly Jan 1995 - Feb 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Dec 2023 quarterly Mar 2005 - Dec 2023
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,272,053.180 Sep 2023 monthly Jan 1997 - Sep 2023
Money Supply M2 (USD mn) 39,662,938.596 Sep 2023 monthly Jan 1997 - Sep 2023
M2 Growth (%) 8.7 Feb 2024 monthly Mar 1997 - Feb 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Jan 1985 - Mar 2024
Foreign Exchange Reserves (USD mn) 3,245,657.0 Mar 2024 monthly Jan 1989 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 17.9 Feb 2024 monthly Jan 2000 - Feb 2024
Gold Reserves (USD mn) 161,069.000 Mar 2024 monthly Dec 1977 - Mar 2024
Total Deposits (USD mn) 40,387,893.077 Feb 2024 monthly Jan 1997 - Feb 2024
Total Deposits Growth (%) 8.4 Feb 2024 monthly Jan 1998 - Feb 2024
Domestic Credit (USD mn) 46,220,915.5 Jan 2024 monthly Jun 1999 - Jan 2024
Domestic Credit Growth (%) 10.4 Jan 2024 monthly Jun 2000 - Jan 2024
Debt Service Ratio: Private Non-Financial Sector (%) 21.600 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 10,659.804 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 39,191.732 Sep 2023 quarterly Dec 1985 - Sep 2023
Household Debt (USD mn) 11,313,226.3 Jan 2024 monthly Jan 2007 - Jan 2024
Total Loans (USD mn) 33,894,216.764 Feb 2024 monthly Jan 1997 - Feb 2024
Total Loans Growth (%) 10.11 Feb 2024 monthly Jan 1998 - Feb 2024
Private Debt: % of Nominal GDP (%) 194.67 Dec 2023 quarterly Dec 1992 - Dec 2023
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 281.981 Mar 2024 monthly Jan 2000 - Mar 2024
Business Confidence Growth (% Point) -2.2 Mar 2024 monthly Jan 2006 - Mar 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020

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