China's current account surplus widened sharply to USD 144.0 billion in the third quarter of 2022 from USD 82.6 billion in the same period of the previous year. It was the largest current account surplus on record. Considering the first half of the year, China recorded a current account surplus of USD 310.4 billion, up 56 percent from USD 198.9 billion in the same period of 2021. source: State Administration of Foreign Exchange, China
Current Account in China averaged 431.23 USD HML from 1998 until 2022, reaching an all time high of 1440.00 USD HML in the third quarter of 2022 and a record low of -522.50 USD HML in the first quarter of 2020. This page provides - China Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Current Account in China is expected to be 1000.00 USD HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Current Account is projected to trend around 400.00 USD HML in 2023, according to our econometric models.