trade · indicator
Current account balance expressed as a share of GDP.
Global · 2026
Baseline · 2027
How it’s forecast
Current account uses a linear trend model with a 8-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.
Why it matters
Interpretation depends on context and the wider macro profile.
Trajectory
Before consensus
Countries whose latest reading deviates most from their own recent trend.
Rankings
By country
Observed history with a baseline / optimistic / pessimistic forecast for the largest current readings.
Forecast
Per-country latest reading and baseline forecast across horizons.
| Country | Latest | Year | 1y | 3y | 5y | 10y |
|---|---|---|---|---|---|---|
| Afghanistan | -40.2% | 2025 | -30.0% | -30.0% | -30.0% | -30.0% |
| Albania | -2.8% | 2026 | -1.8% | 0.3% | 2.3% | 7.5% |
| Algeria | -1.2% | 2026 | -0.4% | 1.2% | 2.9% | 6.9% |
| Andorra | 16.0% | 2026 | 15.9% | 15.8% | 15.6% | 15.2% |
| Angola | 2.2% | 2026 | 1.7% | 0.6% | -0.5% | -3.3% |
| Antigua and Barbuda | -11.8% | 2026 | -11.6% | -11.3% | -10.9% | -10.0% |
| Argentina | -0.8% | 2026 | -1.0% | -1.3% | -1.6% | -2.4% |
| Armenia | -6.0% | 2026 | -6.2% | -6.5% | -6.8% | -7.5% |
| Aruba | 6.5% | 2026 | 8.9% | 13.8% | 18.6% | 30.0% |
| Australia | -2.3% | 2026 | -2.9% | -4.1% | -5.3% | -8.3% |
| Austria | 0.4% | 2026 | 0.1% | -0.4% | -1.0% | -2.4% |
| Azerbaijan | 9.7% | 2026 | 9.6% | 9.3% | 9.1% | 8.5% |
| Bahamas, The | -9.1% | 2026 | -8.5% | -7.3% | -6.1% | -3.1% |
| Bahrain | 3.9% | 2026 | 5.1% | 7.6% | 10.0% | 16.1% |
| Bangladesh | -0.6% | 2026 | -0.4% | -0.1% | 0.2% | 0.9% |
| Barbados | -7.0% | 2026 | -7.5% | -8.5% | -9.5% | -12.0% |
| Belarus | -2.7% | 2026 | -3.2% | -4.2% | -5.2% | -7.6% |
| Belgium | -2.0% | 2026 | -2.4% | -3.2% | -4.0% | -6.1% |
| Belize | -4.5% | 2026 | -3.8% | -2.4% | -1.1% | 2.4% |
| Benin | -5.0% | 2026 | -5.4% | -6.3% | -7.1% | -9.2% |
| Bhutan | -19.3% | 2026 | -19.9% | -21.2% | -22.5% | -25.8% |
| Bolivia | 1.2% | 2026 | 1.2% | 1.1% | 1.0% | 0.8% |
| Bosnia and Herzegovina | -4.6% | 2026 | -4.8% | -5.3% | -5.7% | -6.8% |
| Botswana | -1.9% | 2026 | -0.7% | 1.6% | 3.9% | 9.7% |
| Brazil | -2.7% | 2026 | -2.7% | -2.8% | -2.9% | -3.1% |
| Brunei | 14.5% | 2026 | 15.8% | 18.3% | 20.8% | 27.1% |
| Bulgaria | -4.0% | 2026 | -5.0% | -6.9% | -8.9% | -13.8% |
| Burkina Faso | 8.6% | 2026 | 9.6% | 11.7% | 13.7% | 18.9% |
| Burundi | -5.5% | 2026 | -4.5% | -2.6% | -0.6% | 4.3% |
| Cabo Verde | -0.4% | 2026 | 1.3% | 4.6% | 7.9% | 16.2% |
| Cambodia | -6.3% | 2026 | -4.9% | -2.1% | 0.7% | 7.6% |
| Cameroon | -5.1% | 2026 | -5.2% | -5.3% | -5.4% | -5.7% |
| Canada | -0.2% | 2026 | -0.0% | 0.4% | 0.8% | 1.8% |
| Central African Republic | -3.4% | 2026 | -2.9% | -1.9% | -0.8% | 1.8% |
| Chad | 0.8% | 2026 | 1.3% | 2.3% | 3.2% | 5.7% |
| Chile | -0.8% | 2026 | -0.2% | 1.1% | 2.3% | 5.4% |
| China | 3.5% | 2026 | 3.9% | 4.6% | 5.3% | 7.1% |
| Colombia | -2.5% | 2026 | -2.1% | -1.2% | -0.4% | 1.7% |
| Comoros | -4.2% | 2026 | -4.4% | -4.8% | -5.2% | -6.3% |
| Congo | -6.0% | 2026 | -9.4% | -16.2% | -23.0% | -30.0% |
| Costa Rica | -1.5% | 2026 | -1.4% | -1.2% | -1.0% | -0.6% |
| Croatia | -3.8% | 2026 | -4.4% | -5.6% | -6.9% | -9.9% |
| Cyprus | -9.3% | 2026 | -9.7% | -10.4% | -11.1% | -12.8% |
| Czechia | -1.5% | 2026 | -1.5% | -1.6% | -1.6% | -1.8% |
| Côte d'Ivoire | -1.1% | 2026 | -0.9% | -0.5% | -0.2% | 0.7% |
| DR Congo | -2.0% | 2026 | -2.1% | -2.3% | -2.5% | -2.9% |
| Denmark | 12.3% | 2026 | 13.2% | 14.9% | 16.6% | 20.8% |
| Djibouti | 10.1% | 2026 | 10.1% | 10.0% | 10.0% | 9.9% |
| Dominica | -33.2% | 2026 | -30.0% | -30.0% | -30.0% | -30.0% |
| Dominican Republic | -1.5% | 2026 | -1.5% | -1.4% | -1.4% | -1.3% |
| Ecuador | 5.2% | 2026 | 6.0% | 7.6% | 9.2% | 13.2% |
| Egypt | -4.2% | 2026 | -4.4% | -4.7% | -5.0% | -5.7% |
| El Salvador | -3.3% | 2026 | -3.7% | -4.5% | -5.2% | -7.1% |
| Equatorial Guinea | -1.6% | 2026 | -1.5% | -1.4% | -1.3% | -0.9% |
| Eritrea | 13.0% | 2019 | 14.0% | 15.9% | 17.9% | 22.8% |
| Estonia | -1.1% | 2026 | -1.1% | -1.1% | -1.1% | -1.2% |
| Eswatini | -1.8% | 2026 | -2.7% | -4.5% | -6.2% | -10.6% |
| Ethiopia | -2.4% | 2026 | -2.0% | -1.1% | -0.2% | 2.0% |
| Fiji | -12.5% | 2026 | -12.4% | -12.1% | -11.8% | -11.0% |
| Finland | 0.1% | 2026 | 0.2% | 0.3% | 0.4% | 0.7% |
| France | -0.3% | 2026 | -0.3% | -0.2% | -0.2% | -0.1% |
| Gabon | -4.3% | 2026 | -5.3% | -7.4% | -9.4% | -14.5% |
| Gambia, The | -5.1% | 2026 | -5.1% | -5.0% | -4.9% | -4.7% |
| Georgia | -5.0% | 2026 | -4.2% | -2.5% | -0.8% | 3.3% |
| Germany | 3.9% | 2026 | 3.4% | 2.5% | 1.6% | -0.8% |
| Ghana | 10.1% | 2026 | 11.9% | 15.6% | 19.2% | 28.4% |
| Greece | -6.4% | 2026 | -6.6% | -7.1% | -7.5% | -8.6% |
| Grenada | -18.3% | 2026 | -19.4% | -21.7% | -24.0% | -29.6% |
| Guatemala | 3.2% | 2026 | 3.3% | 3.5% | 3.7% | 4.2% |
| Guinea | -3.6% | 2026 | -3.7% | -3.9% | -4.1% | -4.6% |
| Guinea-Bissau | -6.3% | 2026 | -6.6% | -7.1% | -7.6% | -9.0% |
| Guyana | 21.5% | 2026 | 30.0% | 30.0% | 30.0% | 30.0% |
| Haiti | 0.2% | 2026 | 0.4% | 0.7% | 1.0% | 1.7% |
| Honduras | -2.6% | 2026 | -2.6% | -2.5% | -2.4% | -2.2% |
| Hong Kong | 12.6% | 2026 | 13.5% | 15.3% | 17.1% | 21.6% |
| Hungary | -0.4% | 2026 | 0.1% | 1.0% | 2.0% | 4.4% |
| Iceland | -0.7% | 2026 | -1.7% | -3.8% | -5.8% | -10.9% |
| India | -2.0% | 2026 | -2.2% | -2.5% | -2.8% | -3.6% |
| Indonesia | -1.1% | 2026 | -1.0% | -0.8% | -0.6% | -0.0% |
| Iran | -1.8% | 2026 | -1.8% | -1.8% | -1.7% | -1.7% |
| Iraq | -5.3% | 2026 | -6.2% | -8.0% | -9.8% | -14.4% |
| Ireland | 8.1% | 2026 | 11.5% | 18.4% | 25.3% | 30.0% |
| Israel | 1.9% | 2026 | 1.7% | 1.2% | 0.7% | -0.4% |
| Italy | 0.6% | 2026 | 0.2% | -0.5% | -1.3% | -3.2% |
| Jamaica | -6.0% | 2026 | -6.1% | -6.3% | -6.5% | -7.1% |
| Japan | 3.8% | 2026 | 4.0% | 4.4% | 4.8% | 5.7% |
| Jordan | -6.2% | 2026 | -6.4% | -6.8% | -7.2% | -8.2% |
| Kazakhstan | -1.0% | 2026 | -0.7% | -0.2% | 0.4% | 1.7% |
| Kenya | -4.1% | 2026 | -4.1% | -4.0% | -4.0% | -3.9% |
| Kiribati | -17.7% | 2026 | -26.1% | -30.0% | -30.0% | -30.0% |
| Kuwait | 26.0% | 2026 | 28.3% | 30.0% | 30.0% | 30.0% |
| Kyrgyz Republic | -7.1% | 2026 | -9.0% | -12.7% | -16.4% | -25.6% |
| Laos | 0.2% | 2026 | 1.7% | 4.7% | 7.8% | 15.3% |
| Latvia | -3.6% | 2026 | -4.2% | -5.3% | -6.4% | -9.1% |
| Lebanon | -22.5% | 2025 | -22.7% | -23.1% | -23.6% | -24.6% |
| Lesotho | -3.4% | 2026 | -2.5% | -0.6% | 1.3% | 6.0% |
| Liberia | -12.0% | 2026 | -10.2% | -6.6% | -3.0% | 6.0% |
| Libya | 4.2% | 2026 | 3.6% | 2.4% | 1.2% | -1.9% |
| Liechtenstein | 12.7% | 2026 | 12.1% | 10.8% | 9.5% | 6.4% |
| Lithuania | 0.2% | 2026 | -0.3% | -1.3% | -2.3% | -4.8% |
| Luxembourg | 4.5% | 2026 | 4.2% | 3.5% | 2.8% | 1.1% |
| Macao | 35.0% | 2026 | 30.0% | 30.0% | 30.0% | 30.0% |
| Madagascar | -8.0% | 2026 | -8.5% | -9.5% | -10.5% | -13.0% |
| Malawi | -15.4% | 2026 | -15.9% | -16.8% | -17.7% | -20.0% |
| Malaysia | 1.4% | 2026 | 1.0% | 0.1% | -0.8% | -3.0% |
| Maldives | -17.6% | 2026 | -15.7% | -12.0% | -8.2% | 1.2% |
| Mali | -1.5% | 2026 | -1.0% | 0.1% | 1.2% | 3.8% |
| Malta | 5.8% | 2026 | 4.2% | 1.0% | -2.2% | -10.1% |
| Marshall Islands | 2.4% | 2026 | 3.4% | 5.5% | 7.6% | 12.8% |
| Mauritania | -6.5% | 2026 | -6.1% | -5.2% | -4.3% | -2.1% |
| Mauritius | -6.9% | 2026 | -6.6% | -5.9% | -5.3% | -3.6% |
| Mexico | -0.4% | 2026 | -0.6% | -1.0% | -1.3% | -2.3% |
| Micronesia, Fed. Sts. | 1.1% | 2026 | -1.0% | -5.2% | -9.4% | -19.8% |
| Moldova | -21.9% | 2026 | -23.7% | -27.3% | -30.0% | -30.0% |
| Mongolia | -7.9% | 2026 | -7.2% | -5.8% | -4.5% | -1.0% |
| Montenegro | -19.4% | 2026 | -19.7% | -20.4% | -21.0% | -22.7% |
| Morocco | -3.1% | 2026 | -3.1% | -3.0% | -2.9% | -2.7% |
| Mozambique | -43.0% | 2026 | -30.0% | -30.0% | -30.0% | -30.0% |
| Myanmar | -1.1% | 2026 | -0.8% | -0.1% | 0.5% | 2.1% |
| Namibia | -15.7% | 2026 | -18.0% | -22.7% | -27.3% | -30.0% |
| Nauru | 2.3% | 2026 | 2.2% | 1.9% | 1.6% | 1.0% |
| Nepal | 6.9% | 2026 | 9.1% | 13.4% | 17.7% | 28.5% |
| Netherlands | 8.8% | 2026 | 9.1% | 9.8% | 10.5% | 12.2% |
| New Zealand | -4.0% | 2026 | -4.2% | -4.5% | -4.9% | -5.8% |
| Nicaragua | 6.4% | 2026 | 7.1% | 8.5% | 9.9% | 13.5% |
| Niger | -6.1% | 2026 | -4.8% | -2.1% | 0.5% | 7.2% |
| Nigeria | 5.8% | 2026 | 7.2% | 10.0% | 12.7% | 19.7% |
| North Macedonia | -5.0% | 2026 | -5.2% | -5.5% | -5.8% | -6.6% |
| Norway | 14.3% | 2026 | 15.8% | 18.9% | 21.9% | 29.5% |
| Oman | 7.5% | 2026 | 9.9% | 14.7% | 19.4% | 30.0% |
| Pakistan | -0.4% | 2026 | 0.1% | 1.1% | 2.0% | 4.5% |
| Palau | -17.2% | 2026 | -13.5% | -6.0% | 1.6% | 20.3% |
| Panama | -1.5% | 2026 | -1.2% | -0.5% | 0.2% | 1.9% |
| Papua New Guinea | 13.7% | 2026 | 13.7% | 13.7% | 13.7% | 13.7% |
| Paraguay | -3.0% | 2026 | -3.6% | -4.8% | -6.0% | -9.1% |
| Peru | 3.4% | 2026 | 4.1% | 5.5% | 6.8% | 10.3% |
| Philippines | -4.4% | 2026 | -5.2% | -6.7% | -8.2% | -12.0% |
| Poland | -1.1% | 2026 | -1.2% | -1.5% | -1.8% | -2.6% |
| Portugal | 0.5% | 2026 | 0.7% | 1.2% | 1.6% | 2.7% |
| Qatar | 11.0% | 2026 | 12.7% | 16.0% | 19.4% | 27.8% |
| Romania | -6.8% | 2026 | -7.1% | -7.8% | -8.5% | -10.1% |
| Russia | 2.9% | 2026 | 2.5% | 1.8% | 1.1% | -0.8% |
| Rwanda | -13.4% | 2026 | -13.7% | -14.3% | -14.9% | -16.4% |
| Samoa | -1.6% | 2026 | -0.9% | 0.5% | 1.8% | 5.3% |
| San Marino | 17.1% | 2026 | 19.8% | 25.1% | 30.0% | 30.0% |
| Sao Tome and Principe | -4.7% | 2026 | -3.3% | -0.6% | 2.2% | 9.1% |
| Saudi Arabia | -1.6% | 2026 | -2.3% | -3.6% | -4.9% | -8.3% |
| Senegal | -6.2% | 2026 | -5.7% | -4.6% | -3.5% | -0.7% |
| Serbia | -5.7% | 2026 | -5.6% | -5.5% | -5.4% | -5.2% |
| Seychelles | -7.8% | 2026 | -7.8% | -7.7% | -7.6% | -7.3% |
| Sierra Leone | -3.3% | 2026 | -2.9% | -2.1% | -1.3% | 0.6% |
| Singapore | 16.6% | 2026 | 16.5% | 16.4% | 16.2% | 15.9% |
| Slovakia | -3.0% | 2026 | -3.1% | -3.2% | -3.3% | -3.6% |
| Slovenia | 3.2% | 2026 | 2.8% | 2.0% | 1.3% | -0.7% |
| Solomon Islands | -4.6% | 2026 | -4.1% | -3.1% | -2.0% | 0.5% |
| Somalia, Fed. Rep. | -8.7% | 2026 | -9.0% | -9.5% | -10.1% | -11.5% |
| South Africa | -0.9% | 2026 | -1.1% | -1.4% | -1.8% | -2.6% |
| South Korea | 5.6% | 2026 | 6.0% | 6.7% | 7.4% | 9.2% |
| South Sudan | 3.2% | 2026 | 7.3% | 15.5% | 23.8% | 30.0% |
| Spain | 2.2% | 2026 | 2.4% | 2.9% | 3.4% | 4.7% |
| Sri Lanka | 1.2% | 2024 | 1.8% | 2.9% | 4.0% | 6.8% |
| St. Kitts and Nevis | -15.4% | 2026 | -16.9% | -19.8% | -22.7% | -30.0% |
| St. Lucia | -4.6% | 2026 | -4.1% | -3.1% | -2.0% | 0.5% |
| St. Vincent and the Grenadines | -19.8% | 2026 | -21.3% | -24.2% | -27.1% | -30.0% |
| Sudan | -4.5% | 2026 | -2.9% | 0.4% | 3.7% | 11.9% |
| Suriname | -44.8% | 2026 | -30.0% | -30.0% | -30.0% | -30.0% |
| Sweden | 5.3% | 2026 | 5.4% | 5.6% | 5.7% | 6.1% |
| Switzerland | 6.8% | 2026 | 7.4% | 8.7% | 10.0% | 13.2% |
| Syria | -2.8% | 2010 | -2.4% | -1.5% | -0.6% | 1.5% |
| Taiwan | 18.1% | 2026 | 18.9% | 20.4% | 22.0% | 25.8% |
| Tajikistan | 6.3% | 2026 | 7.5% | 10.0% | 12.5% | 18.7% |
| Tanzania | -2.3% | 2026 | -2.2% | -2.1% | -2.0% | -1.7% |
| Thailand | 0.7% | 2026 | 0.3% | -0.4% | -1.2% | -3.0% |
| Timor-Leste | -32.0% | 2026 | -30.0% | -30.0% | -30.0% | -30.0% |
| Togo | -3.2% | 2026 | -3.5% | -4.0% | -4.5% | -5.7% |
| Tonga | -7.4% | 2026 | -7.6% | -8.0% | -8.3% | -9.2% |
| Trinidad and Tobago | 3.8% | 2026 | 4.0% | 4.5% | 5.0% | 6.3% |
| Tunisia | -4.2% | 2026 | -3.4% | -1.9% | -0.4% | 3.3% |
| Turkmenistan | 3.7% | 2026 | 4.0% | 4.5% | 5.0% | 6.3% |
| Tuvalu | -1.0% | 2026 | 1.1% | 5.3% | 9.4% | 19.9% |
| Türkiye | -2.8% | 2026 | -3.0% | -3.5% | -4.0% | -5.2% |
| Uganda | -3.9% | 2026 | -3.4% | -2.4% | -1.4% | 1.1% |
| Ukraine | -18.9% | 2026 | -21.6% | -27.1% | -30.0% | -30.0% |
| United Arab Emirates | 11.4% | 2026 | 12.3% | 14.2% | 16.1% | 20.9% |
| United Kingdom | -3.4% | 2026 | -3.6% | -4.0% | -4.4% | -5.4% |
| United States | -3.7% | 2026 | -3.9% | -4.3% | -4.6% | -5.6% |
| Uruguay | -0.8% | 2026 | -0.9% | -1.1% | -1.3% | -1.9% |
| Uzbekistan | -1.3% | 2026 | -1.0% | -0.4% | 0.3% | 1.8% |
| Vanuatu | -8.5% | 2026 | -9.8% | -12.3% | -14.8% | -21.2% |
| Venezuela | 7.1% | 2026 | 7.7% | 9.0% | 10.3% | 13.6% |
| Vietnam | 5.3% | 2026 | 6.0% | 7.3% | 8.6% | 11.8% |
| Yemen, Rep. | -8.1% | 2026 | -2.2% | 9.6% | 21.4% | 30.0% |
| Zambia | 0.9% | 2026 | -0.6% | -3.7% | -6.8% | -14.5% |
| Zimbabwe | 3.7% | 2026 | 4.0% | 4.5% | 5.0% | 6.3% |
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Current account uses a linear trend model with a 8-year lookback, 55% recent-data weight, 80% confidence band, and horizons of 1, 3, 5, 10 years.
