China vs Japan: Current account balance
Current account balance over time
- China
- Japan
How they compare
China currently reports 735.02 billion BoP, current US$ against 215.77 billion BoP, current US$ in Japan, a difference of 519.25 billion BoP, current US$.
That makes China's figure about 3.4 times Japan's.
The two have swapped places 3 times across 30 shared years of data; in 1996 it was Japan ahead.
Globally, China ranks 1st and Japan ranks 3rd of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.