Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...
Learn how current transfers work in international transactions. Explore the different types, their significance, and how they impact the current account balance.
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
Brazil's 12-month current account deficit almost tripled in January FDI may not cover Brazil's deficit, central bank warns Trade surplus decline drives monthly deficit increase BRASILIA, Feb 27 ...
IMF data for 2025 shows China as the world’s largest surplus economy. Its surplus jumped from $293 billion in 2015 to $641 ...