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In terms of size, the net income balance (IB) is comparable to the trade balance (TB) for many countries. Yet the role of the IB in mitigating external vulnerabilities or complicating external ...
In the second quarter of 2024, China reported a customs surplus of $250 Billion, a services deficit of $60 billion—and a current account surplus of only $50 billion.
India’s current account surplus had inched up to 1.3 percent of the GDP, compared with 1.1 percent deficit in the previous quarter and 0.5 percent surplus during Q4FY24. Story continues below ...
Japan posted a second consecutive month of record current account surpluses in November, as the trade deficit narrowed while its service balance turned surplus due to increased inbound tourism ...