Current account balance (credit less debit), Net (credits less) in China
China: Current account balance (credit less debit), Net (credits less) was 423.92 billion in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in China, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in China stood at 423.92 billion.
The figure is up 61.0% on the previous year and up 79.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in China peaked at 443.37 billion in 2022 and was at its lowest, 24.13 billion, in 2018.
That places China 1st out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in China, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 132.38 billion | — |
| 2006 | 231.84 billion | +75.1% |
| 2007 | 353.18 billion | +52.3% |
| 2008 | 420.57 billion | +19.1% |
| 2009 | 243.26 billion | -42.2% |
| 2010 | 237.81 billion | -2.2% |
| 2011 | 136.10 billion | -42.8% |
| 2012 | 215.39 billion | +58.3% |
| 2013 | 148.20 billion | -31.2% |
| 2014 | 236.05 billion | +59.3% |
| 2015 | 293.02 billion | +24.1% |
| 2016 | 191.34 billion | -34.7% |
| 2017 | 188.68 billion | -1.4% |
| 2018 | 24.13 billion | -87.2% |
| 2019 | 102.91 billion | +326.5% |
| 2020 | 248.84 billion | +141.8% |
| 2021 | 352.89 billion | +41.8% |
| 2022 | 443.37 billion | +25.6% |
| 2023 | 263.38 billion | -40.6% |
| 2024 | 423.92 billion | +61.0% |
China compared with similar countries
- China's 423.92 billion is above the median for upper middle income countries, which is -494.28 million. (54 countries reporting)
- China's 423.92 billion is above the median for East Asia & Pacific, which is 65.63 million, 6459.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 276.25 billion | 132.38 billion | 420.57 billion | 5 |
| 2010s | 177.36 billion | 24.13 billion | 293.02 billion | 10 |
| 2020s | 346.48 billion | 248.84 billion | 443.37 billion | 5 |
Countries ranked near China
More financial sector data for China
- Reserve position in the IMF, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 9.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.8 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 9.09 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in China?
- Current account balance (credit less debit), net (credits less debits) in China was 423.92 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in China?
- The highest recorded value was 443.37 billion in 2022.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in China?
- The lowest recorded value was 24.13 billion in 2018.
- How does China rank for current account balance (credit less debit), net (credits less debits)?
- China ranks 1st out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in China?
- Over the last ten years it is up 79.6%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.