China recorded a Current Account surplus of 570 USD HML in the second quarter of 2019. Current Account in China averaged 397.57 USD HML from 1998 until 2019, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -341 USD HML in the first quarter of 2018.
Current Account in China is expected to be 72.22 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in China to stand at 520.00 in 12 months time. In the long-term, the China Current Account is projected to trend around 67.52 USD HML in 2020, according to our econometric models.