Major advanced economies (G7) (G7 Countries) Current Account Balance (% GDP) Statistics

15, Dec 2019, EST.

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Country or Region: Major advanced economies (G7) (G7 Countries) › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Major advanced economies (G7) indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) Statistics for Major advanced economies (G7) (G7 Countries), Year 2015 - In Detail

Current Account Balance (% GDP) for Major advanced economies (G7) in year 2015 is -0.589 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Major advanced economies (G7) n/a in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Major advanced economies (G7) is 3.53 more than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Major advanced economies (G7) was -0.73 % Current Account Balance (% GDP) for Major advanced economies (G7) in 2015 was or will be 19.54% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Major advanced economies (G7) was or will be -0.56 %, which is 5.26% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Major advanced economies (G7), in other Years
Year %
  2021 -1.324
  2020 -1.202
  2019 -1.097
  2018 -0.972
  2017 -0.835
  2016 -0.558
2015 -0.589
  2014 -0.732
  2013 -0.766
  2012 -0.959
  2011 -0.845
  2010 -0.766
  2009 -0.692
  2008 -1.616
  2007 -1.162
  2006 -1.779
  2005 -1.629
  2004 -1.213
  2003 -1.426
  2002 -1.366
  2001 -1.329
  2000 -1.349
  1999 -0.817
  1998 -0.245
  1997 0.113
  1996 -0.099
  1995 -0.086
  1994 -0.123
  1993 0.056
  1992 -0.208
  1991 -0.193
  1990 -0.528
  1989 -0.482
  1988 -0.417
  1987 -0.601
  1986 -0.388
  1985 -0.79
  1984 -0.771
  1983 -0.274
  1982 -0.179
  1981 -0.307
  1980 -0.744