China recorded a Current Account surplus of 0.40 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in China averaged 2.17 percent from 1980 until 2018, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985.

Current Account to GDP in China is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account to GDP is projected to trend around -0.30 percent in 2020, according to our econometric models.

China Current Account to GDP
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China Trade Last Previous Highest Lowest Unit
Balance of Trade 509.76 417.30 612.86 -320.02 USD HML [+]
Current Account 490.00 545.99 1330.85 -341.00 USD HML [+]
Current Account to GDP 0.40 1.30 10.10 -3.70 percent [+]
Imports 1618.60 1721.20 1951.30 13.88 USD HML [+]
Exports 2128.36 2138.50 2315.23 12.50 USD HML [+]
External Debt 19652.14 17106.00 19652.14 158.28 USD HML [+]
Terms of Trade 95.83 101.86 118.33 81.75 Index Points [+]
Capital Flows 388.00 157.59 725.40 -1305.58 USD HML [+]
Foreign Direct Investment 697.00 546.09 1349.66 18.32 USD HML [+]
Tourist Arrivals 3054.00 2917.00 3054.00 22.96 Tens of Thousands [+]
Gold Reserves 1864.30 1852.50 1864.30 395.01 Tonnes [+]
Crude Oil Production 3895.00 3780.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 5.97 5.40 5.97 4.13 CNY Trillion [+]
Terrorism Index 5.11 5.54 6.29 1.47 [+]
Weapons Sales 1040.00 1227.00 2605.00 3.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



China Current Account to GDP

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. China Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 1.30 10.10 -3.70 1980 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 3.00 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
South Africa -3.50 Dec/18
Turkey -3.50 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18


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