China Current Account to GDP


China recorded a Current Account surplus of 1.80 percent of the country’s Gross Domestic Product in 2016. Current Account to GDP in China averaged 2.24 percent from 1980 until 2016, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985.


China Current Account to GDP

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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. This page provides – China Current Account to GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account to GDP – actual data, historical chart and calendar of releases – was last updated on April of 2017.