China current account to gdp

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China current account to gdp: 1.5 (-31.82%)
Last Update: December 31, 2023

China current account to gdp closed down 1.5 as of December 31, 2023 from 2.2 from the previous month and 1.9 from last year.


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China current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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China current account to gdp

Date Values
2023-12-31 1.5
2022-12-31 2.2
2021-12-31 1.8
2020-12-31 1.7
2019-12-31 1
2018-12-31 0.4
2017-12-31 1.3
2016-12-31 1.8
2015-12-31 2.7
2014-12-31 2.1
2013-12-31 2
2012-12-31 2.6
2011-12-31 1.9
2010-12-31 4
2009-12-31 4.9
2008-12-31 9.3
2007-12-31 10.1
2006-12-31 8.5
2005-12-31 7.1
2004-12-31 3.6
2003-12-31 2.8
2002-12-31 2.4
2001-12-31 1.3
2000-12-31 1.7

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China current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp cn.currentaccountgdp 1.5 2.2 -32 -21 Down Down 0 2023-12-31

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China current account to gdp Historical Data

The MacroVar database offers free access to historical data for the China current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of China current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the China current account to gdp

China's current account to GDP ratio is a key indicator of the country's economic health and international trade balance. This ratio measures the total value of a country's exports and imports of goods and services, as well as financial transfers, relative to the size of its economy. In China's case, a high current account to GDP ratio indicates that the country is heavily reliant on international trade and may have a trade surplus. This can be both a positive and negative indicator - on one hand, a trade surplus can boost economic growth and provide a buffer against external shocks, but on the other hand, it can also lead to imbalances in the global economy and create tensions with trading partners. Monitoring and managing China's current account to GDP ratio is therefore crucial for policymakers to ensure sustainable economic growth and stability.

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