China recorded a Current Account surplus of 1.90 percent of the country's Gross Domestic Product in 2020. source: State Administration of Foreign Exchange, China

Current Account to GDP in China averaged 2.13 percent from 1980 until 2020, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985. This page provides - China Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account to GDP - values, historical data and charts - was last updated on May of 2021.

Current Account to GDP in China is expected to reach 0.30 percent by the end of 2021, 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 0.90 percent in 2022, according to our econometric models.

Ok
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.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
China Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
1.90 0.80 10.10 -3.70 1980 - 2020 percent Yearly

China Trade Last Previous Highest Lowest Unit
Balance of Trade 428.50 138.00 774.91 -619.84 USD HML [+]
Current Account 751.00 1237.65 1330.85 -404.54 USD HML [+]
Current Account to GDP 1.90 0.80 10.10 -3.70 percent [+]
Imports 2210.70 2273.36 2273.36 13.88 USD HML [+]
Exports 2639.20 2411.34 2819.13 12.50 USD HML [+]
External Debt 24007.90 20573.00 24007.90 158.28 USD HML [+]
Terms of Trade 105.35 106.05 119.65 81.75 points [+]
Foreign Direct Investment 615.50 448.60 1443.70 18.32 USD HML [+]
Capital Flows -751.00 -418.98 759.97 -1305.58 USD HML [+]
Tourist Arrivals 3188.00 3054.00 3188.00 22.96 Tens of Thousands [+]
Gold Reserves 1948.31 1948.31 1948.31 395.01 Tonnes [+]
Crude Oil Production 3995.00 3831.00 4408.00 1012.00 BBL/D/1K [+]
Tourism Revenues 6.63 5.97 6.63 0.77 CNY Trillion [+]
Terrorism Index 3.59 4.47 6.29 1.47 [+]
Weapons Sales 760.00 1472.00 2605.00 3.00 USD Million [+]


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.