Metadata Sub-indicator 17.13.1.1. Saldo por cuenta corriente (%PIB)
Goal 17. Strengthen the means of implementation and revitalize the global partnership for sustainable development
Target 17.13. Enhance global macroeconomic stability, including through policy coordination and policy coherence
Indicator 17.13.1. Macroeconomic Dashboard
Sub-indicator 17.13.1.1. Current balance account (% of GDP)
- Global
The current account balance (%GDP) represents the surplus or deficit of the total economy in its current operations (exchanges of goods and services, primary income and current transfers) with the rest of the world in proportion to GDP at current prices.
\[ \text{Sdo_Cta_Cte}^{t}(\% PIB)=\frac{\text{Sdo_Cta_Cte}^{t}}{PIB^{t}} \cdot 100 \]Where: \(\text{Sdo_Cta_Cte}^{t}\)is the current account balance of the total economy in year t and \(PIB^{t}\)is the gross domestic product at current prices in year t.
Percentage
Annual
Tier I
Yes
Quarterly non-financial accounts for the institutional sectors (ISO code: 30026)
15/12/2021
World Bank