Before current account balance as a share of GDP of China started to increase to reach a level of 2.4 % in 2016, it went through a trough reaching a low of 1.5 % in 2013.
Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.
Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.