The current account balance as a share of the GDP in China was forecast to continuously decrease between 2024 and 2029 by in total 0.3 percentage points. According to this forecast, in 2029, the share will have decreased for the fourth consecutive year to 1.16 percent. This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Current account balance in relation to the gross domestic product (GDP) of China from 2002 to 2024 with forecasts until 2029 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/
IMF. "Current account balance in relation to the gross domestic product (GDP) of China from 2002 to 2024 with forecasts until 2029." Chart. October 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Current account balance in relation to the gross domestic product (GDP) of China from 2002 to 2024 with forecasts until 2029. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/
IMF. "Current Account Balance in Relation to The Gross Domestic Product (Gdp) of China from 2002 to 2024 with Forecasts until 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/
IMF, Current account balance in relation to the gross domestic product (GDP) of China from 2002 to 2024 with forecasts until 2029 Statista, https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/ (last visited December 22, 2024)
Current account balance in relation to the gross domestic product (GDP) of China from 2002 to 2024 with forecasts until 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1315588/current-account-balance-of-china-in-relation-to-gross-domestic-product-gdp/