Forecast Current Account to GDP | 2016-2020

This page provides forecasts for Current Account to GDP including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q2/17 Q3/17 Q4/17 Q1/18 2020
United States -2.60 Dec/16   -2.8 -2.8 -2.8 -2.7 -3
Euro Area 3.30 Dec/16   2.8 2.8 2.8 2.4 1.9
China 1.80 Dec/16   2.75 2.49 2.24 2.39 3.12
Japan 3.70 Dec/16   2.3 3.32 3.13 3.19 2.42
Germany 8.30 Dec/16   6.7 6.7 6.7 6.2 5.2
United Kingdom -4.40 Dec/16   -4 -4 -4 -3.7 -1.5
France -0.90 Dec/16   -1.8 -1.8 -1.8 -1.3 -0.9
India -0.70 Dec/16   -1.25 -1.25 -1.25 -0.87 -0.7
Italy 2.60 Dec/16   1.7 1.7 1.7 1.4 0.7
Brazil -1.30 Dec/16   -1.4 -1.4 -1.4 -1.9 -2.6
Canada -3.30 Dec/15   -2.9 -2.9 -2.9 -2.8 -1.9
South Korea 7.00 Dec/16 7 7 7 6.2 5.8
Australia -2.70 Dec/16   0.3 -0.2 -0.3 -2.5 -3.19
Russia 1.80 Dec/16   2 2 2 2.1 2.2
Spain 2.20 Dec/16   0.3 0.3 0.3 0.5 0.8
Mexico -2.70 Dec/16   -3 -3 -3 -3 -2.8
Indonesia -1.80 Dec/16   -1.9 -1.9 -1.9 -2 -2.2
Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Afghanistan -22.00 Dec/15   -33.8 -32.14 -30.48 -32.44 -49.29
Albania -10.10 Dec/15   -8.2 -8.2 -8.2 -6.6 -4.2
Algeria -15.60 Dec/15   2.14 -10.61 -13.22 -12.45 -10.96
Angola -5.90 Dec/15   3.2 1.05 -5 0.1 2
Argentina -0.90 Dec/14   -0.5 -0.5 -0.5 -0.29 -0.4
Armenia -2.90 Dec/16   -2.5 -2.5 -2.5 -2.8 -3.2
Australia -2.70 Dec/16   0.3 -0.2 -0.3 -2.5 -3.19
Austria 1.70 Dec/16   3 3 3 3.2 3.6
Azerbaijan -3.20 Dec/16   0.5 0.5 0.5 1.3 4
Bahamas -11.40 Dec/16   -13.72 -13.73 -13.75 -13.74 -16.2
Bahrain -4.70 Dec/16   -0.86 -1.84 -2.81 -1.98 2.72
Bangladesh 1.70 Dec/16   1.5 1.5 1.5 1.8 0.9
Belarus -3.60 Dec/16   -3.4 -3.4 -3.4 -3.2 -2.7
Belgium -0.40 Dec/16   1.8 1.8 1.8 2 2.3
Belize -10.00 Dec/15   -6.95 -7.04 -7.12 -6.44 -1.82
Benin -15.10 Dec/15   -10.9 -10.99 -11.08 -11.1 -12.54
Bhutan -31.20 Dec/16   -32.48 -30.95 -29.42 -29.74 -33.73
Bolivia -6.50 Dec/15   -4.31 -4 -3.69 -3.61 -3.59
Bosnia and Herzegovina -5.60 Dec/15   -4.8 -4.8 -4.8 -4.4 -3.9
Botswana 7.10 Dec/15   6.87 5.67 4.47 4.69 5.88
Brazil -1.30 Dec/16   -1.4 -1.4 -1.4 -1.9 -2.6
Brunei 9.50 Dec/16   14.1 14.32 14.54 13.51 13.73
Bulgaria 4.20 Dec/16   3.6 3.6 3.6 3.2 2.9
Burkina Faso -4.50 Dec/15   -5.72 -5.91 -6.1 -5 -4.02
Burundi -4.50 Dec/15   -16.53 -7.15 -5.95 -5.65 -3.35
Cambodia -8.30 Dec/16   0.34 1.6 2.87 2.9 -3.61
Cameroon -4.30 Dec/15   -3.44 -3.48 -3.53 -3.49 -3.35
Canada -3.30 Dec/15   -2.9 -2.9 -2.9 -2.8 -1.9
Cape Verde -3.80 Dec/16   -5.19 -4.49 -3.78 -4.27 -4.97
Cayman Islands -23.10 Dec/15   -23.6 -23.27 -22.94 -22.92 -22.8
Central African Republic -11.50 Dec/15   -8.24 -8.22 -8.21 -8.47 -9.25
Chad -9.90 Dec/15   -10.02 -10.28 -10.55 -10.45 -10.09
Chile -1.40 Dec/16   -1.78 -1.94 -1.9 -2.07 -2.01
China 1.80 Dec/16   2.75 2.49 2.24 2.39 3.12
Colombia -4.40 Dec/16   -4.3 -4.3 -4.3 -4.4 -3.5
Comoros 0.60 Dec/15   -6.88 -6.11 -5.34 -5.61 -8.49
Congo -4.10 Dec/15   -7.02 -6.3 -5.57 -5.62 -5.81
Costa Rica -3.30 Dec/16   -3.91 -3.74 -3.57 -3.6 -4.02
Croatia 2.60 Dec/16   3.7 3.7 3.7 3.4 2.8
Cuba 0.10 Dec/15   0.18 0.15 0.13 0.13 0.13
Cyprus -5.30 Dec/16   -4.4 -4.4 -4.4 -4 -3.6
Czech Republic 1.10 Dec/16   0.8 0.8 0.8 1 0.6
Denmark 8.10 Dec/16   6.4 6.4 6.4 6 5.6
Djibouti -16.00 Dec/15   -17.34 -14.69 -12.05 -11.94 -18.8
Dominican Republic -1.90 Dec/15   -2.15 -1.96 -1.78 -1.85 -3.06
East Timor -40.80 Dec/16   -41 -54.96 -68.92 -72.05 -89.47
Ecuador 1.50 Dec/16   -0.07 0.39 0.87 0.48 -0.24
Egypt -5.90 Dec/16   -5.2 -5.2 -5.2 -5 -3.9
El Salvador -3.60 Dec/15   -4.56 -4.61 -4.65 -4.84 -4.49
Equatorial Guinea -7.10 Dec/15   -8.2 -6.4 -4.61 -4.14 -4.9
Eritrea -0.10 Dec/16   -1.12 -0.7 -0.28 -0.27 -0.26
Estonia 2.70 Dec/16   1.6 1.6 1.6 1.4 1
Ethiopia -10.40 Dec/16   -10.09 -10.11 -10.13 -10.45 -10.68
Euro Area 3.30 Dec/16   2.8 2.8 2.8 2.4 1.9
Fiji -3.30 Dec/16   -4.73 -4.12 -3.51 -3.96 -8.03
Finland -1.10 Dec/16   0.2 0.2 0.2 0.5 0.7
France -0.90 Dec/16   -1.8 -1.8 -1.8 -1.3 -0.9
Gabon -8.10 Dec/15   2.19 -0.51 -3.22 -2.05 0.46
Gambia -20.00 Dec/15   -8.9 -18.66 -20.75 -21.84 -6.35
Georgia -13.30 Dec/16   -11.66 -11.64 -11.62 -11.89 -12.88
Germany 8.30 Dec/16   6.7 6.7 6.7 6.2 5.2
Ghana -6.40 Dec/16   -7.62 -7.54 -7.45 -7.65 -8.84
Greece -0.60 Dec/16   -1.5 -1.5 -1.5 -1 -0.2
Guatemala -0.30 Dec/15   -1.3 -1.21 -1.11 -1.35 -1.69
Guinea -23.60 Dec/15   -28.24 -28.48 -28.71 -28.19 -28.95
Guinea Bissau 1.50 Dec/15   -2.05 -1.9 -1.75 -1.08 0.48
Guyana -4.60 Dec/15   -8.37 -6.56 -4.75 -4.39 -6.93
Haiti -2.60 Dec/15   -3.17 -3.25 -3.33 -3.75 -3.37
Honduras -6.40 Dec/15   -7.04 -7.34 -7.64 -7.84 -7.46
Hong Kong 4.50 Dec/16   4.19 4.1 4 4.24 4.73
Hungary 4.80 Dec/16   4.4 4.4 4.4 4 3.4
Iceland 8.00 Dec/16   4.6 4.6 4.6 4.5 4
India -0.70 Dec/16   -1.25 -1.25 -1.25 -0.87 -0.7
Indonesia -1.80 Dec/16   -1.9 -1.9 -1.9 -2 -2.2
Iran 6.30 Dec/16   5.61 5.69 5.77 6.19 4.48
Iraq -7.30 Dec/16   4.46 4.93 5.4 4.2 1.97
Ireland 4.70 Dec/16   3.7 3.7 3.7 3.1 2.6
Israel 3.60 Dec/16   4 4 4 3.8 3.3
Italy 2.60 Dec/16   1.7 1.7 1.7 1.4 0.7
Ivory Coast -2.50 Dec/15   -0.68 -0.1 0.47 0.52 0.11
Jamaica -2.30 Dec/15   -5.2 -5.72 -6.23 -7.04 -7.06
Japan 3.70 Dec/16   2.3 3.32 3.13 3.19 2.42
Jordan -9.30 Dec/16   -9.55 -9.79 -10.04 -10.15 -9.81
Kazakhstan -6.00 Dec/16   -2.7 -2.7 -2.7 -1.8 -0.5
Kenya -5.20 Dec/16   -6.2 -6.2 -6.2 -6.5 -6
Kosovo -10.30 Dec/16   -9.2 -9.2 -9.2 -8.6 -6.1
Kuwait 2.71 Dec/16   4 19.28 4 19.31 9.8
Kyrgyzstan -9.60 Dec/16   -13.3 -14.03 -14.76 -12.82 -8.2
Laos -18.34 Dec/15   -12.21 -12.68 -13.15 -12.7 -12.93
Latvia 1.50 Dec/16   -1.6 -1.6 -1.6 -1.2 -0.7
Lebanon -16.00 Dec/16   -20 -15.47 -20 -15.28 -17
Lesotho -8.40 Dec/15   -7.35 -6.99 -6.63 -6.34 -3.92
Liberia -36.90 Dec/15   -49.45 -49.36 -49.26 -49.01 -49.6
Libya -17.50 Dec/15   -21.24 -24.03 -26.81 -21.21 -9.65
Lithuania -0.90 Dec/16   -1.8 -1.8 -1.8 -1.6 -1
Luxembourg 4.70 Dec/16   4.4 4.4 4.4 4 3.4
Macau 25.00 Dec/15   28 26.93 28 24.39 34
Macedonia -3.10 Dec/16   -1.6 -1.6 -1.6 -1.4 -0.9
Madagascar -2.30 Dec/15   -2.33 -2.82 -3.3 -3 -2.24
Malawi -17.80 Dec/15   -13.82 -15.47 -17.12 -17.25 -14.55
Malaysia 1.30 Dec/16   3.2 3.2 3.2 3 3.7
Maldives -17.70 Dec/16   -13.75 -14.88 -16 -16.04 -13.94
Mali -3.60 Dec/15   -6.21 -6.26 -6.32 -6.81 -7.27
Malta 7.90 Dec/16   4 4 4 3.7 3.2
Mauritania -20.00 Dec/15   -25.94 -26.8 -27.66 -27.54 -32.26
Mauritius -4.90 Dec/15   -6.5 -6.23 -5.96 -6.06 -5.89
Mexico -2.70 Dec/16   -3 -3 -3 -3 -2.8
Moldova -4.10 Dec/16   -6.4 -6.4 -6.4 -6 -5.2
Mongolia -4.10 Dec/16   -5 0.25 -5 -0.71 -7.5
Montenegro -13.30 Dec/15   -10.7 -10.7 -10.7 -9.8 -7.5
Morocco -6.10 Dec/15   -7.06 -7.2 -7.34 -7.21 -6.71
Mozambique -40.40 Dec/15   -36.53 -38.89 -41.26 -41.59 -41.76
Myanmar -6.50 Dec/16   -6.23 -6.2 -6.17 -6.2 -7.06
Namibia -8.10 Dec/15   -8.94 -10.31 -11.67 -10.9 -10.11
Nepal 6.20 Dec/16   4.15 4.46 4.76 4.47 3.5
Netherlands 8.40 Dec/16   7.8 7.8 7.92 7.4 6.5
New Zealand -2.70 Dec/16   -4.08 -4.08 -4.08 -4.19 -5.37
Nicaragua -8.20 Dec/15   -8.7 -9.43 -10.16 -10.05 -9.47
Niger -21.20 Dec/15   -19.91 -18.48 -17.05 -17.96 -20.59
Nigeria -3.80 Dec/15   0.8 0.8 0.8 -0.83 4.4
Norway 4.90 Dec/16   6.3 6.3 6.3 6.4 7.2
Oman -15.40 Dec/15   1.46 -1.21 -3.9 -2.37 -2.44
Pakistan -1.20 Jun/16   -2.5 -2.5 -2.5 -2.2 -0.8
Palestine -13.50 Dec/15   -16.08 -15.39 -14.69 -15.47 -18.38
Panama -6.50 Dec/15   -9.85 -9.59 -9.33 -9.3 -8.65
Papua New Guinea 4.60 Dec/15   1.76 0.52 -0.72 -6.03 -12.08
Paraguay -1.70 Dec/15   -1.36 -1.38 -1.4 -1.3 -0.85
Peru -2.80 Dec/16   -3.1 -3.1 -3.1 -1.6 -1.2
Philippines 0.20 Dec/16   0.8 0.8 0.8 1.2 1
Poland -0.30 Dec/16   -1.1 -1.1 -1.1 -0.4 1
Portugal 0.80 Dec/16   -0.2 -0.2 -0.2 -0.5 -0.6
Qatar -5.50 Dec/16   6.8 -0.59 6.8 -4.99 15.7
Republic of the Congo -14.50 Dec/15   -4.76 -7.31 -9.86 -9.22 -9.41
Romania -2.30 Dec/16   -1.2 -1.2 -1.2 -0.9 -0.6
Russia 1.80 Dec/16   2 2 2 2.1 2.2
Rwanda -16.60 Dec/16   -12 -12 -12 -12.6 -10.5
Sao Tome and Principe -10.70 Dec/15   -3.58 3.75 11.09 15.39 46.86
Saudi Arabia -3.90 Dec/16   -3 -3 -3 -1 3
Senegal -8.10 Dec/15   -8.36 -8.13 -7.9 -8.05 -8.49
Serbia -4.00 Dec/16   -4.2 -4.2 -4.2 -3.8 -3.2
Seychelles -18.00 Dec/16   -16.57 -18.13 -19.69 -18.98 -15.6
Sierra Leone -33.00 Dec/15   -35.78 -35.06 -34.34 -34.47 -34.13
Singapore 19.00 Dec/16   20.5 20.5 20.5 19.3 18
Slovakia -0.70 Dec/16   0.5 0.5 0.5 0.7 0.9
Slovenia 6.80 Dec/16   6.4 6.4 6.4 6.1 5.4
South Africa -3.30 Dec/16   -3.2 -3.2 -3.2 -3.4 -3.1
South Korea 7.00 Dec/16 7 7 7 6.2 5.8
Spain 2.20 Dec/16   0.3 0.3 0.3 0.5 0.8
Sri Lanka -2.40 Dec/16   -2 -3.17 -2.3 -3.32 -3.5
Sudan -6.50 Dec/15   -8.11 -7.3 -6.49 -6.67 -7.64
Suriname 3.80 Dec/14   2 2 2 9.01 6.3
Swaziland 9.00 Dec/15   5.05 7.29 9.52 8.78 6.59
Sweden 4.70 Dec/16   4.6 4.6 4.6 4.1 3.4
Switzerland 11.50 Dec/15   9.5 9.5 9.5 9.1 7.8
Syria -0.62 Dec/10   -1.24 -1.45 -1.66 -1.53 -6.71
Taiwan 13.40 Dec/16   12.68 12.19 11.69 11.34 7.52
Tajikistan -5.10 Dec/16   -4.55 -4.47 -4.39 -4.77 -5.09
Tanzania -8.80 Dec/16 -8.8 -8.8 -8.8 -9 -7
Thailand 11.50 Dec/16   5.8 5.8 5.8 4.6 7.62
Togo -9.80 Dec/16   -10.02 -8.78 -7.54 -8.47 -9.67
Trinidad and Tobago -0.40 Dec/15   3.18 1.68 0.17 -0.49 0.92
Tunisia -8.90 Dec/16   -7 -7 -7 -6.7 -6
Turkey -3.80 Dec/16   -4.4 -4.4 -4.4 -3.6 -2.8
Turkmenistan -18.50 Dec/16   -9.88 -11.72 -13.55 -13.32 -10.48
Uganda -8.70 Dec/16   -7.87 -8.4 -8.93 -8.86 -8.16
Ukraine -3.60 Dec/16   -2.7 -2.7 -2.7 -2.3 -1.7
United Arab Emirates 3.10 Dec/16   4.7 4.7 4.7 5 6.8
United Kingdom -4.40 Dec/16   -4 -4 -4 -3.7 -1.5
United States -2.60 Dec/16   -2.8 -2.8 -2.8 -2.7 -3
Uruguay -3.60 Dec/15   -4.07 -3.39 -2.71 -3.14 -3.01
Uzbekistan 1.36 Dec/16   0.77 1.03 1.29 0.95 0.71
Venezuela 1.40 Dec/13   -3 -3 -3 -3.2 -3.5
Vietnam 4.70 Dec/16   -0.2 -0.2 -0.2 0.3 1
Yemen -8.00 Dec/15   -5.98 -5.82 -5.66 -5.63 -3.28
Zambia -3.60 Dec/16   0.55 -0.36 -1.28 -1.39 -2.01
Zimbabwe -10.70 Dec/16   -11.12 -10.71 -10.3 -10.5 -9.76