China's current account surplus narrowed to USD 73.6 billion in the third quarter of 2021 from USD 93.3 billion in the same period last year, and below a preliminary estimate of USD 80.1 billion. The goods surplus shrank to USD 136.0 billion from USD 155.8 billion a year earlier, while the secondary income surplus was up to USD 3.5 billion from USD 2.8 billion. Meanwhile, the services deficit declined to USD 31.9 billion from USD 40.3 billion, while the primary income gap increased to USD 34.1 billion from USD 25.0 billion. Considering the first three quarters of the year, the current account surplus widened to USD 196.3 billion from USD 150.2 billion in the same period of 2020. source: State Administration of Foreign Exchange, China
Current Account in China averaged 406.64 USD HML from 1998 until 2021, reaching an all time high of 1330.85 USD HML in the fourth quarter of 2008 and a record low of -404.54 USD HML in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Current Account in China is expected to be 940.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 400.00 USD HML in 2022, according to our econometric models.