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 December of 2021.

Current Account to GDP in China is expected to reach 0.30 percent of GDP 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 of GDP in 2022, according to our econometric models.

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China Current Account to GDP

Related Last Previous Unit Reference
Current Account 801.00 533.02 USD HML Sep/21
Current Account to GDP 1.90 0.80 percent of GDP Dec/20
External Debt 24007.90 20573.00 USD HML Dec/20
Capital Flows -801.00 133.44 USD HML Sep/21
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.