China's current account surplus widened to USD 88.9 billion in the first quarter of 2022 from USD 70.9 billion in the same period last year and below a preliminary estimate of USD 89.5 billion. The goods surplus rose to USD 145 billion from USD 123.1 billion and the services deficit narrowed to USD 16.7 billion from USD 25.8 billion. Meantime, the secondary income surplus was up to USD 5.2 billion from USD 2.4 billion while the primary income gap increased to USD 44.6 billion from USD 28.8 billion. source: State Administration of Foreign Exchange, China

Current Account in China averaged 417.29 USD HML from 1998 until 2022, reaching an all time high of 1330.90 USD HML in the fourth quarter of 2008 and a record low of -522.50 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 July of 2022.

Current Account in China is expected to be 600.00 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 2023, according to our econometric models.

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China Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-04-27 10:20 AM Current Account Prel Q1 $89.5B $118.4B $8.5B
2022-06-24 09:00 AM Current Account Final Q1 $88.9B $118.4B $89.5B
2022-08-05 09:00 AM Current Account Prel Q2 $88.9B


Related Last Previous Unit Reference
Current Account 888.80 1183.70 USD HML Mar 2022
Current Account to GDP 1.80 1.90 percent of GDP Dec 2021
External Debt 27465.60 24008.10 USD HML Dec 2021
Capital Flows -895.00 -320.60 USD HML Mar 2022

China Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
888.80 1183.70 1330.90 -522.50 1998 - 2022 USD HML Quarterly
Current Prices, NSA

News Stream
China Current Account Surplus Revised Lower
China's current account surplus widened to USD 88.9 billion in the first quarter of 2022 from USD 70.9 billion in the same period last year and below a preliminary estimate of USD 89.5 billion. The goods surplus rose to USD 145 billion from USD 123.1 billion and the services deficit narrowed to USD 16.7 billion from USD 25.8 billion. Meantime, the secondary income surplus was up to USD 5.2 billion from USD 2.4 billion while the primary income gap increased to USD 44.6 billion from USD 28.8 billion.
2022-06-24
China Q4 Current Account Surplus Revised Lower
China's current account surplus narrowed to USD 118.4 billion in the last quarter of 2021 from USD 120.7 billion in the same period last year and below a preliminary estimate of USD 119.4 billion. The goods surplus narrowed to USD 182.8 billion from USD 187.1 billion a year earlier, while the services deficit decreased to USD 152 billion from USD 285 billion. Meantime, the secondary income surplus was up to USD 6.2 billion from USD 4.2 billion while the primary income gap increased to USD 55.5 billion from USD 42.2 billion. For full 2021, the current account surplus widened to USD 317.3 billion from USD 248.8 billion in the same period of 2020.
2022-03-25
China Q3 Current Account Surplus Revised Lower
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.
2021-12-31