Economic Outlook No 116 — Current account balance by country
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the...
What the numbers show
Economic Outlook No 116 — Current account balance is currently reported for 36 countries. The highest value is 25.47 trillion in Japan; the lowest is -146.67 trillion in Indonesia.
The median across all reporting countries is -126.98 million, and the mean is -5.42 trillion.
Over the past decade 19 countries rose and 17 fell. The largest increase was in Ireland (up 2,331.5%), and the largest decrease in Argentina (down 4,047.7%).
Economic Outlook No 116 — Current account balance: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Japan | 25.47 trillion | 2026 | up 21.6% | volatile |
| 2 | Hungary | 2.22 trillion | 2026 | up 39.9% | volatile |
| 3 | Norway | 789.10 billion | 2026 | up 530.4% | volatile |
| 4 | Sweden | 556.63 billion | 2026 | up 573.1% | volatile |
| 5 | Denmark | 414.16 billion | 2026 | up 178.1% | volatile |
| 6 | Germany | 299.66 billion | 2026 | up 5.2% | volatile |
| 7 | Israel | 82.04 billion | 2026 | up 76.3% | volatile |
| 8 | Ireland | 76.63 billion | 2026 | up 2,331.5% | volatile |
| 9 | Switzerland | 64.67 billion | 2026 | up 31.1% | volatile |
| 10 | Czechia | 56.86 billion | 2026 | down 33.2% | volatile |
| 11 | Spain | 43.65 billion | 2026 | up 23.5% | volatile |
| 12 | Italy | 32.94 billion | 2026 | down 21.5% | volatile |
| 13 | Peru | 20.32 billion | 2026 | up 241.7% | volatile |
| 14 | Austria | 15.53 billion | 2026 | up 69.6% | volatile |
| 15 | Luxembourg | 5.16 billion | 2026 | up 23.9% | rising |
| 16 | Portugal | 2.64 billion | 2026 | down 0.1% | volatile |
| 17 | Belgium | 2.03 billion | 2026 | down 14.2% | volatile |
| 18 | Finland | 1.19 billion | 2026 | up 131.4% | volatile |
| 19 | Bulgaria | -1.44 billion | 2026 | down 150.0% | volatile |
| 20 | France | -2.96 billion | 2026 | up 74.9% | volatile |
| 21 | Greece | -13.68 billion | 2026 | down 272.3% | volatile |
| 22 | New Zealand | -23.37 billion | 2026 | down 323.6% | volatile |
| 23 | Canada | -31.16 billion | 2026 | up 50.2% | volatile |
| 24 | Iceland | -47.74 billion | 2026 | down 124.8% | volatile |
| 25 | Australia | -69.02 billion | 2026 | down 23.5% | volatile |
| 26 | United Kingdom of Great Britain and Northern Ireland | -77.76 billion | 2026 | up 28.3% | volatile |
| 27 | Romania | -152.57 billion | 2026 | down 1,162.0% | volatile |
| 28 | Mexico | -206.75 billion | 2026 | up 58.0% | volatile |
| 29 | Brazil | -266.75 billion | 2026 | down 151.5% | volatile |
| 30 | Costa Rica | -1.15 trillion | 2026 | down 70.9% | volatile |
| 31 | United States of America | -1.19 trillion | 2026 | down 199.6% | volatile |
| 32 | India | -4.48 trillion | 2026 | down 350.5% | volatile |
| 33 | Chile | -8.78 trillion | 2026 | down 72.8% | volatile |
| 34 | Argentina | -9.33 trillion | 2026 | down 4,047.7% | volatile |
| 35 | Colombia | -52.76 trillion | 2026 | down 36.9% | volatile |
| 36 | Indonesia | -146.67 trillion | 2026 | up 35.1% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Korea 118.68 trillion
- Dynamic Asian economies 346.84 billion
- Netherlands 127.22 billion
- Slovak Republic -261.86 million
- Slovenia 4.50 billion
- Croatia -763.39 million
- Lithuania 2.17 billion
- Estonia -348.29 million
- Latvia -1.22 billion
- Poland -47.26 billion
- Türkiye -796.83 billion
About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org