China's current account surplus widened sharply to USD 144.0 billion in the third quarter of 2022 from USD 82.6 billion in the same period of the previous year. It was the largest current account surplus on record. Considering the first half of the year, China recorded a current account surplus of USD 310.4 billion, up 56 percent from USD 198.9 billion in the same period of 2021. source: State Administration of Foreign Exchange, China

Current Account in China averaged 431.23 USD HML from 1998 until 2022, reaching an all time high of 1440.00 USD HML in the third quarter of 2022 and a record low of -522.50 USD HML in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Current Account in China is expected to be 1000.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 400.00 USD HML in 2023, according to our econometric models.

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China Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-29 08:10 AM Current Account Final Q2 $77.5B $88.9B $80.2B
2022-11-04 09:00 AM Current Account Prel Q3 $144B $77.5B $70B
2022-12-30 09:00 AM Current Account Final Q3 $77.5B $144B


Related Last Previous Unit Reference
Current Account 1440.00 774.98 USD HML Sep 2022
Current Account to GDP 1.80 1.70 percent of GDP Dec 2021
External Debt 27465.60 24008.10 USD HML Dec 2021
Capital Flows -1440.00 -319.79 USD HML Sep 2022

China Current Account
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).
Actual Previous Highest Lowest Dates Unit Frequency
1440.00 774.98 1440.00 -522.50 1998 - 2022 USD HML Quarterly
Current Prices, NSA

News Stream
China Posts Largest Current Account Surplus on Record
China's current account surplus widened sharply to USD 144.0 billion in the third quarter of 2022 from USD 82.6 billion in the same period of the previous year. It was the largest current account surplus on record. Considering the first half of the year, China recorded a current account surplus of USD 310.4 billion, up 56 percent from USD 198.9 billion in the same period of 2021.
2022-11-04
China Q2 Current Account Surplus Revised Lower
China's current account surplus was revised to USD 77.5 billion in the second quarter of 2022, from a preliminary estimate of USD 80.2 billion and compared with a surplus of USD 45.5 billion in the same period of the previous year. Considering the first half of the year, China recorded a current account surplus of USD 166.4 billion, equivalent to 1.9 percent of GDP, and up 43 percent from USD 116.4 billion in the same period of 2021. The goods surplus widened 36 percent to USD 320.8 billion, while the services deficit shrank 33 percent to USD 36.4 billion. The primary income deficit was reported at USD 129.0 billion and the secondary income surplus stood at USD 11.0 billion.
2022-09-29
China Current Account Surplus Widens in Q2
China's current account surplus widened to USD 80.2 billion in the second quarter of 2022 from USD 45.5 billion in the same period of the previous year, a preliminary estimate showed. Considering the first half of the year, China recorded a current account surplus of USD 169.1 billion.
2022-08-05