Current account balance — all countries

Current account balance — Upper-middle-income countries

Current account balance in upper-middle-income countries in 2031 — 1.27%. Since 1992, the indicator has risen by 3.63 pp.

2031 1.27% −0.04 pp vs 2030
World rank
Period maximum 4%2007
Period minimum -3.21%1994

Trend over time

1992–2031 · % of GDP

Current account balance — Upper-middle-income countries, 1992–2031-4-20246199219962000200420082012201620202024202820311992: -2.36%1993: -2.89%1994: -3.21%1995: -2.68%1996: -2.5%1997: -1.1%1998: -0.72%1999: -0.2%2000: -0.18%2001: -0.14%2002: 0.78%2003: 1.27%2004: 1.46%2005: 2.51%2006: 3.75%2007: 4%2008: 3.54%2009: 2.02%2010: 1.02%2011: 0.17%2012: 0.29%2013: -0.52%2014: -0.11%2015: 0.27%2016: 0.19%2017: 0.23%2018: -0.48%2019: 0.1%2020: 0.83%2021: 1.12%2022: 1.37%2023: 0.57%2024: 0.98%2025: 1.8%2026: 1.57%2027: 1.51%2028: 1.34%2029: 1.31%2030: 1.32%2031: 1.27%
Change over the period: +3.63 pp Annual average: 0.09 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Upper-middle-income countries

Upper-middle-income countries 1.27%
World computed 0.28%
Current account balance — Upper-middle-income countries, by year Upper-middle-income countries All countries CSV XLSX
Year % Change, pp
2031 1.27 −0.04 pp
2030 1.32 +0 pp
2029 1.31 −0.03 pp
2028 1.34 −0.17 pp
2027 1.51 −0.06 pp
2026 1.57 −0.23 pp
2025 1.8 +0.81 pp
2024 0.98 +0.42 pp
2023 0.57 −0.8 pp
2022 1.37 +0.25 pp
2021 1.12 +0.29 pp
2020 0.83 +0.73 pp
2019 0.1 +0.59 pp
2018 -0.48 −0.72 pp
2017 0.23 +0.05 pp
2016 0.19 −0.08 pp
2015 0.27 +0.38 pp
2014 -0.11 +0.42 pp
2013 -0.52 −0.81 pp
2012 0.29 +0.11 pp
2011 0.17 −0.85 pp
2010 1.02 −1 pp
2009 2.02 −1.52 pp
2008 3.54 −0.46 pp
2007 4 +0.25 pp
2006 3.75 +1.25 pp
2005 2.51 +1.05 pp
2004 1.46 +0.19 pp
2003 1.27 +0.49 pp
2002 0.78 +0.92 pp
2001 -0.14 +0.04 pp
2000 -0.18 +0.02 pp
1999 -0.2 +0.52 pp
1998 -0.72 +0.38 pp
1997 -1.1 +1.41 pp
1996 -2.5 +0.18 pp
1995 -2.68 +0.53 pp
1994 -3.21 −0.31 pp
1993 -2.89 −0.53 pp
1992 -2.36

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.