China: Current account, in dollars
* indicates monthly or quarterly data series
| China |
Current account balance, billion USD |
|---|---|
| Latest value | 423.92 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 1982 - 2024 |
| Average | 120.55 |
| Min - Max | -11.61 - 443.37 |
| Source | The World Bank |
The latest value from 2024 is 423.92 billion U.S. dollars, an increase from 263.38 billion U.S. dollars in 2023. In comparison, the world average is 14.17 billion U.S. dollars, based on data from 67 countries. Historically, the average for China from 1982 to 2024 is 120.55 billion U.S. dollars. The minimum value, -11.61 billion U.S. dollars, was reached in 1993 while the maximum of 443.37 billion U.S. dollars was recorded in 2022.
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Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 90.20 | 2023 | percent |
| Trade openness | 37.20 | 2024 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 20.02 | 2024 | percent |
| Exports, billion dollars | 3,753.06 | 2024 | billion U.S. dollars |
| Imports, percent of GDP | 17.18 | 2024 | percent |
| Imports, billion dollars | 3,219.34 | 2024 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 0.10 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 18.56 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | -20,236.69 | 2024 | million dollars (current) |
| Current account, percent of GDP | 1.72 | 2022 | percent |
| Current account, in dollars | 423.92 | 2024 | billion U.S. dollars |
| Current Account, quarterly | 3.05 | 6/2025 | percent |
| Trade balance, percent of GDP | 2.85 | 2024 | percent |
| Trade balance, in dollars | 538.96 | 2024 | billion U.S. dollars |
| Reserves | 3,456.02 | 2024 | billion U.S. dollars |
| Remittances, percent of GDP | 0.28 | 2023 | percent |
| Remittances | 31,410.60 | 2024 | million U.S. dollars |
| Net errors and omissions | -37,925.85 | 2023 | million USD |
| External debt | 13.72 | 2023 | percent |
| Short-term external debt | 53.19 | 2023 | percent |
| Short-term debt to reserves | 37.32 | 2023 | percent |