Forecast Current Account to GDP | 2017-2020

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 Q4/17 Q1/18 Q2/18 Q3/18 2020
United States -2.60 Dec/16   -2.8 -2.7 -2.7 -2.7 -3
Euro Area 3.30 Dec/16   2.8 2.4 2.4 2.4 1.9
China 1.80 Dec/16   2.3 2.2 2.2 2.2 2
Japan 3.70 Dec/16 3.7 3.76 3.82 3.87 2.66
Germany 8.30 Dec/16   6.7 6.2 6.2 6.2 5.2
United Kingdom -4.40 Dec/16   -4 -3.7 -3.7 -3.7 -1.5
France -0.90 Dec/16   -1.8 -1.3 -1.3 -1.3 -0.9
India -0.70 Dec/16   -1.25 -1.3 -1.3 -1.3 -1.2
Italy 2.60 Dec/16   1.7 1.4 1.4 1.4 0.7
Brazil -1.30 Dec/16   -1.4 -1.5 -1.5 -0.8 -1.7
Canada -3.30 Dec/16   -2.9 -2.8 -2.8 -2.82 -1.9
South Korea 7.00 Dec/16 7 6.2 6.2 4.47 5.8
Russia 1.80 Dec/16   2 2.1 2.1 2.1 2.2
Spain 2.20 Dec/16   0.3 0.5 0.5 0.5 0.8
Australia -2.70 Dec/16   -2.3 -2.2 -2.2 -2.2 -2.3
Mexico -2.70 Dec/16   -3 -3 -3 -2.03 -2.8
Indonesia -1.80 Dec/16   -1.9 -2 -2 -1.37 -2.2
Turkey -3.80 Dec/16   -4.4 -3.6 -3.6 -3.6 -2.8
Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Afghanistan -20.00 Dec/16   -19 -15 -15 -31.89 -9
Albania -10.10 Dec/15   -8.2 -6.6 -6.6 -6.6 -4.2
Algeria -13.50 Dec/16   -7.7 -4.5 -4.5 -7.47 -2.8
Angola -6.40 Dec/16   -4 -2 -2 -3.92 2
Argentina -2.60 Dec/16   -2.5 -2.4 -2.4 -2.4 -1.9
Armenia -2.90 Dec/16   -2.5 -2.8 -2.8 -5.38 -3.2
Australia -2.70 Dec/16   -2.3 -2.2 -2.2 -2.2 -2.3
Austria 1.70 Dec/16   3 3.2 3.2 3.2 3.6
Azerbaijan -3.20 Dec/16   0.5 1.3 1.3 -1.83 4
Bahamas -11.40 Dec/16   -12.2 -11.94 -11.67 -11.41 -9.39
Bahrain -4.70 Dec/16   -3.6 -3 -3 4.73 -1.7
Bangladesh 1.70 Dec/16   1.5 1.8 1.8 0.79 0.9
Belarus -3.60 Dec/16   -3.4 -3.2 -3.2 -3.2 -2.7
Belgium -0.40 Dec/16   1.8 2 2 2 2.3
Belize -9.40 Dec/16   -5.77 -5 -4.23 -3.45 -1.36
Benin -7.10 Dec/16   -10 -8 -8 -6.56 -5
Bhutan -31.20 Dec/16   -32 -25 -25 -16.93 -12
Bolivia -5.50 Dec/16   -4.89 -4.23 -3.58 -2.92 -1.59
Bosnia and Herzegovina -4.50 Dec/16   -4.8 -4.4 -4.4 -4.4 -3.9
Botswana 3.60 Dec/16   2.1 -0.5 -0.5 1 3
Brazil -1.30 Dec/16   -1.4 -1.5 -1.5 -0.8 -1.7
Brunei 9.50 Dec/16   8.1 5.6 5.6 15.23 11
Bulgaria 4.20 Dec/16   3.6 3.2 3.2 3.2 2.9
Burkina Faso -4.30 Dec/16   -3.4 -3 -3 -5.22 -2
Burundi -18.70 Dec/16   -15.4 -14.6 -14.6 -18.13 -12.1
Cambodia -8.30 Dec/16   -8.5 -7.7 -7.7 3.24 -3.6
Cameroon -4.80 Dec/16   -4.2 -3.6 -3.6 -4 -3
Canada -3.30 Dec/16   -2.9 -2.8 -2.8 -2.82 -1.9
Cape Verde -7.20 Dec/16   -8.8 -8 -8 -7.37 -5
Cayman Islands -23.60 Dec/16   -18.66 -18.87 -19.09 -19.31 -18.51
Central African Republic -7.80 Dec/16   -10.3 -9.5 -9.5 -7.16 -7.6
Chad -8.60 Dec/16   -10 -8 -8 -11.03 -4
Chile -1.40 Dec/16   -1.9 -1.53 -1.68 -1.84 -2.02
China 1.80 Dec/16   2.3 2.2 2.2 2.2 2
Colombia -4.40 Dec/16   -4.3 -4.2 -4.2 -4.2 -3.5
Comoros 0.60 Dec/15   -7 -10 -10 -6.12 -6
Congo -5.70 Dec/16   -6 -8 -8 -5.21 -8
Costa Rica -3.30 Dec/16   -3.75 -3.84 -3.93 -4.01 -4.93
Croatia 2.60 Dec/16   3.7 3.4 3.4 3.4 2.8
Cuba 0.10 Dec/15   -0.4 -0.48 -0.57 -0.65 -0.09
Cyprus -5.30 Dec/16   -4.4 -4 -4 -4 -3.6
Czech Republic 1.10 Dec/16   0.8 1 1 1 0.6
Denmark 8.10 Dec/16   6.4 6 6 6 5.6
Djibouti -27.90 Dec/16   -22 -19 -19 -22.46 -15
Dominican Republic -1.40 Dec/16   -1.75 -1.86 -1.97 -2.09 -3.12
East Timor -40.80 Dec/16   -35 -28 -28 76.13 -10
Ecuador 1.50 Dec/16   -0.2 -0.61 -1.01 -1.42 -1.25
Egypt -5.90 Dec/16   -5.2 -5 -5 -3.64 -3.9
El Salvador -2.00 Dec/16   -2.8 -2.97 -3.14 -3.31 -3.25
Equatorial Guinea -11.60 Dec/16   -6.6 -5.7 -5.7 -17.35 -17.81
Eritrea -0.10 Dec/16   0.5 0.3 0.3 -1.58 1
Estonia 2.70 Dec/16   1.6 1.4 1.4 1.4 1
Ethiopia -9.90 Dec/16   -11 -10.5 -10.5 -7.38 -8.9
Euro Area 3.30 Dec/16   2.8 2.4 2.4 2.4 1.9
European Union 1.50 Dec/16   1.01 0.96 0.9 0.84 0.02
Fiji -3.30 Dec/16   -4 -3.7 -3.7 -4.85 -2.8
Finland -1.10 Dec/16   0.2 0.5 0.5 0.5 0.7
France -0.90 Dec/16   -1.8 -1.3 -1.3 -1.3 -0.9
Gabon -8.20 Dec/16   3 -0.5 -0.5 1.9 0.2
Gambia -11.40 Dec/16   -12 -10 -10 -11.01 -9
Georgia -13.30 Dec/16   -12.5 -11 -11 -12.98 -9
Germany 8.30 Dec/16   6.7 6.2 6.2 6.2 5.2
Ghana -3.90 Dec/16   -5 -5.5 -5.5 -4.39 -4.1
Greece -0.60 Dec/16   -1.5 -1 -1 -1 -0.2
Guatemala 1.30 Dec/16   -0.15 -0.48 -0.81 -1.15 -1.72
Guinea -32.57 Dec/16   -28 -2.5 -25 -27.66 -20
Guinea Bissau -2.20 Dec/16   -3 -3.6 -3.6 -2.64 -1.4
Guyana 0.40 Dec/16   -4 -3.7 -3.7 -0.84 -2.8
Haiti -2.60 Dec/15   -2.32 -2.55 -2.77 -3 -2.35
Honduras -2.30 Dec/16   -5.17 -5.58 -6 -6.42 -5.31
Hong Kong 4.50 Dec/16   4.1 3.9 3.9 5.75 3.1
Hungary 4.80 Dec/16   4.4 4 4 4 3.4
Iceland 8.00 Dec/16   4.6 4.5 4.5 4.5 4
India -0.70 Dec/16   -1.25 -1.3 -1.3 -1.3 -1.2
Indonesia -1.80 Dec/16   -1.9 -2 -2 -1.37 -2.2
Iran 6.30 Dec/16   5.8 6.1 6.1 5 6.5
Iraq -7.30 Dec/16   -8 -6 -6 4.61 -4
Ireland 4.70 Dec/16   3.7 3.1 3.1 3.1 2.6
Israel 3.60 Dec/16   4 3.8 3.8 2.3 3.3
Italy 2.60 Dec/16   1.7 1.4 1.4 1.4 0.7
Ivory Coast -2.00 Dec/16   -5 -3.2 -3.2 -2.67 -2
Jamaica -0.70 Dec/16   -5.2 -4 -4 -6.45 -6
Japan 3.70 Dec/16 3.7 3.76 3.82 3.87 2.66
Jordan -9.30 Dec/16   -10 -10 -10 -6.19 -8
Kazakhstan -6.00 Dec/16   -2.7 -1.8 -1.8 -8.4 -0.5
Kenya -5.20 Dec/16   -6.2 -6.5 -6.5 -5.25 -6
Kosovo -10.30 Dec/16   -9.2 -8.6 -8.6 -8.6 -6.1
Kuwait 2.71 Dec/16   4 5.7 5.7 19.59 9.8
Kyrgyzstan -9.60 Dec/16   -11 -9 -9 -8.6 -14.81
Laos -2.30 Dec/16   -4 -7 -7 -5 -3
Latvia 1.50 Dec/16   -1.6 -1.2 -1.2 -1.2 -0.7
Lebanon -16.00 Dec/16   -20 -19 -19 -15.44 -17
Lesotho -10.70 Dec/15   -15 -16 -16 -6.39 -20
Liberia -36.90 Dec/15   -40 -35 -35 -36.92 -30
Libya -37.80 Dec/16   -21 -25 -25 -9.07 -16
Lithuania -0.90 Dec/16   -1.8 -1.6 -1.6 -1.6 -1
Luxembourg 4.70 Dec/16   4.4 4 4 4 3.4
Macau 27.10 Dec/16   28 31 31 31 34
Macedonia -3.10 Dec/16   -1.6 -1.4 -1.4 -1.4 -0.9
Madagascar -2.30 Dec/16   -3.2 -3.5 -3.5 -4.93 -2.5
Malawi -13.90 Dec/16   -13 -11 -11 -10.12 -14
Malaysia 1.30 Dec/16   3.2 3 3 1.49 3.7
Maldives -17.70 Dec/16   -14 -17 -17 -17.09 -8
Mali -6.70 Dec/16   -6 -5.5 -5.5 -8.87 -4
Malta 7.90 Dec/16   4 3.7 3.7 3.7 3.2
Mauritania -15.30 Dec/16   -25 -27 -27 -12.65 -20
Mauritius -3.90 Dec/16   -5 -5.5 -5.5 -3.8 -4.3
Mexico -2.70 Dec/16   -3 -3 -3 -2.03 -2.8
Moldova -4.10 Dec/16   -6.4 -6 -6 -6 -5.2
Mongolia -11.20 Dec/16   -19 -22 -22 -3.41 -7.5
Montenegro -13.30 Dec/15   -10.7 -9.8 -9.8 -9.8 -7.5
Morocco -4.20 Dec/16   -3.7 -3.2 -3.2 -4.17 -2.5
Mozambique -37.90 Dec/16   -36 -31 -31 -33.76 -27
Myanmar -6.50 Dec/16   -6.1 -5.7 -5.7 -5.15 -4.7
Namibia -11.80 Dec/16   -8 -6 -6 -9.15 -4
Nepal 6.20 Dec/16   4.1 3.7 3.7 3.88 2.8
Netherlands 8.40 Dec/16   7.8 7.4 7.4 7.4 6.5
New Zealand -2.70 Dec/16   -4.12 -4.23 -4.33 -4.44 -5.38
Nicaragua -8.60 Dec/16   -8.46 -8.98 -9.5 -10.02 -13.74
Niger -19.40 Dec/16   -20 -18 -18 -18.97 -16
Nigeria -1.80 Dec/16   0.8 2.2 2.2 0.94 4.4
Norway 4.90 Dec/16   6.3 6.4 6.4 6.4 7.2
Oman -15.40 Dec/15   -17 -15 -15 -0.55 -9
Pakistan -1.20 Jun/16   -2.5 -2.2 -2.2 -2.14 -0.8
Palestine -13.50 Dec/15   -16 -15 -15 -17.02 -18
Panama -5.60 Dec/16   -5.72 -5.6 -5.48 -5.37 -4.77
Papua New Guinea 4.60 Dec/15   3.7 3 3 20.12 -1
Paraguay 1.30 Dec/16   0.73 0.43 0.12 -0.17 -1.25
Peru -2.80 Dec/16   -3.1 -1.6 -1.6 -3.23 -1.2
Philippines 0.20 Dec/16   0.8 1.2 1.2 0.06 1
Poland -0.30 Dec/16   -1.1 -0.4 -0.4 -0.4 1
Portugal 0.80 Dec/16   -0.2 -0.5 -0.5 -0.5 -0.6
Qatar -5.50 Dec/16   -2 -1 -1 -2.68 2.5
Republic of the Congo -24.20 Dec/16   -16.93 -16.75 -16.57 -16.4 -11.16
Romania -2.30 Dec/16   -1.2 -0.9 -0.9 -0.9 -0.6
Russia 1.80 Dec/16   2 2.1 2.1 2.1 2.2
Rwanda -16.60 Dec/16   -12 -12.6 -12.6 -13.34 -10.5
Sao Tome and Principe -24.70 Dec/15   -11 -13 -13 -29.19 -12
Saudi Arabia -3.90 Dec/16   -3 -1 -1 -1.8 3
Senegal -7.10 Dec/16   -6.5 -7.2 -7.2 -8.77 -9.4
Serbia -4.00 Dec/16   -4.2 -3.8 -3.8 -3.8 -3.2
Seychelles -18.00 Dec/16   -17 -15 -15 -16.92 -16
Sierra Leone -33.00 Dec/15   -25 -23 -23 -22.62 -18
Singapore 19.00 Dec/16   20.5 19.3 19.3 18.38 18
Slovakia -0.70 Dec/16   0.5 0.7 0.7 0.7 0.9
Slovenia 6.80 Dec/16   6.4 6.1 6.1 6.1 5.4
South Africa -3.30 Dec/16   -3.2 -3.4 -3.4 -1.86 -3.1
South Korea 7.00 Dec/16 7 6.2 6.2 4.47 5.8
Spain 2.20 Dec/16   0.3 0.5 0.5 0.5 0.8
Sri Lanka -2.40 Dec/16   -2.6 -2.2 -2.2 -3.5 -3.5
Sudan -5.30 Dec/16   -5 -6 -6 -5.63 -8.2
Suriname -4.40 Dec/16   2 3 3 1.05 1.66
Swaziland 2.20 Dec/16   8 6 6 -2.81 5
Sweden 4.70 Dec/16   4.6 4.1 4.1 4.1 3.4
Switzerland 11.00 Dec/16   9.5 8.7 8.7 8.7 7.8
Taiwan 13.40 Dec/16   14 12 12 10.18 11.5
Tajikistan -3.80 Dec/16   -6 -5 -5 -5.58 -3
Tanzania -8.80 Dec/16 -8.8 -9 -9 -7.56 -7
Thailand 11.50 Dec/16   5.8 4.6 4.6 6.53 7.6
Togo -9.80 Dec/16   -9.3 -9 -9 -8.64 -7.3
Trinidad and Tobago -0.40 Dec/15   4.79 4.28 3.76 3.24 4.1
Tunisia -8.90 Dec/16   -7 -6.7 -6.7 -5.72 -6
Turkey -3.80 Dec/16   -4.4 -3.6 -3.6 -3.6 -2.8
Turkmenistan -18.50 Dec/16   -20 -17 -17 -2.96 -10
Uganda -8.70 Dec/16   -8.23 -8.08 -7.93 -7.77 -6.19
Ukraine -3.60 Dec/16   -2.7 -2.3 -2.3 -2.3 -1.7
United Arab Emirates 3.10 Dec/16   4.7 5 5 7.17 6.8
United Kingdom -4.40 Dec/16   -4 -3.7 -3.7 -3.7 -1.5
United States -2.60 Dec/16   -2.8 -2.7 -2.7 -2.7 -3
Uruguay -0.20 Dec/16   -0.47 -0.44 -0.4 -0.37 -1.26
Uzbekistan 1.36 Dec/16   0.8 1.2 1.2 0.49 2.3
Venezuela 1.40 Dec/13   -3 -3.2 -3.2 5.06 -3.5
Vietnam 4.70 Dec/16   -0.2 0.3 0.3 1.32 1
Yemen -5.60 Dec/16   -10 -9 -9 -3.48 -5
Zambia -3.70 Dec/16   -3.5 -3 -3 -4.09 -1
Zimbabwe -9.20 Dec/16   -11 -8 -8 -7.12 -6