China had the highest positive current account balance of the 19 countries that are members of the G20, reaching over 400 billion U.S. dollars in 2022. By comparison, the current account balance of the United States was a negative of about 970 billion U.S. dollars, but was forecast to drop below a deficit of 770 billion dollars by 2027.
Current account balances G20 countries in 2022 and projections for 2027
(in billion U.S. dollars)
Characteristic
2022
2027*
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The G20 is an international organization whose permanent members are 19 countries and the European Union. Data for the European Union has been excluded due to overlap with G20 members France, Germany, Italy and the United Kingdom.
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IMF. (October 10, 2023). Current account balances G20 countries in 2022 and projections for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/722974/g20-countries-current-account-balances/
IMF. "Current account balances G20 countries in 2022 and projections for 2027 (in billion U.S. dollars)." Chart. October 10, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/722974/g20-countries-current-account-balances/
IMF. (2023). Current account balances G20 countries in 2022 and projections for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/722974/g20-countries-current-account-balances/
IMF. "Current Account Balances G20 Countries in 2022 and Projections for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Oct 2023, https://www.statista.com/statistics/722974/g20-countries-current-account-balances/
IMF, Current account balances G20 countries in 2022 and projections for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/722974/g20-countries-current-account-balances/ (last visited August 24, 2024)
Current account balances G20 countries in 2022 and projections for 2027 (in billion U.S. dollars) [Graph], IMF, October 10, 2023. [Online]. Available: https://www.statista.com/statistics/722974/g20-countries-current-account-balances/
