Jiaqian Chen, Josef Platzer
Global current account balances increased further in 2025, driven primarily by China, where the current account surplus recorded the largest widening in at least two and a half decades. This was offset by some narrowing in the United States and the euro area.
As our latest External Sector Report shows, China’s current account surplus increased by about $300 billion last year, the largest widening in absolute terms since at least 2000, to about 0.6 percent of world GDP. While the US current account deficit narrowed by $69 billion, its balance remained by far the world’s largest, at about 0.9 percent of global GDP, exceeding the combined surpluses of China and the euro area.
Πηγή: IMF