UNCTAD Statistics
Statistics is an inherent part of UNCTAD. Being the United Nations' focal point for the integrated treatment of trade and development and the interrelated issues in the areas of finance, technology, investment and sustainable development, UNCTAD compiles, validates and processes a wide range of data collected from national and international sources. Most of the time series cover
long periods, with some dating back to 1948, for
almost all economies of the world.
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Statistics at a glance
Current account balance in
Asia
Let's start by decrypting what balance of payments of current account is. It
stands for all transactions between residents and non-residents recording goods,
services, incomes and current transfers.
How Asia is doing in this
respect? Developing Asia experienced a slight decrease of its balance from 3.5%
in 2010 to 3.2% in 2012 (as percentage of GDP). According to the latest
statistics, this decline is a reality for almost the whole region: Southern Asia
recorded a negative balance during the last three years having reached 2.4% of
its GDP in 2012; Eastern and South-Eastern Asia both dropped to 2.9% and 3.1% of
their GDP respectively. Only Western Asia's current account balance increased
quite significantly in 2010-2012, compensating an overall regional
come-down.
Current account balance as
percentage of GDP, selected regions, 2010-2012
Source: UNCTADstat |
Published: 16 October 2013
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