Asia Current Account to GDP Ratio Ranking (2024)
In 2024, Current Account to GDP Ratio in Asia was highest in Kuwait at 28.20%, followed by Singapore at 17.50% and Qatar at 17.40%. The average ratio across countries in Asia was 5.67%, the median was 3.20%, and the Philippines recorded the lowest ratio at -3.80%, according to data from various central banks.
Data is available for the period 1970 to 2024 across 23 countries.
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 28.2% | 31.4% | 2024 | |
| 2 | 17.5% | 17.7% | 2024 | |
| 3 | 17.4% | 16.8% | 2024 | |
| 4 | 15.7% | 14% | 2024 | |
| 5 | 11.5% | 7.7% | 2024 | |
| 6 | 9% | 9.3% | 2024 | |
| 7 | 6.1% | 5.9% | 2024 | |
| 8 | 5.3% | 5.9% | 2024 | |
| 9 | 5.3% | 1.8% | 2024 | |
| 10 | 4.7% | 3.8% | 2024 | |
| 11 | 3.7% | 2.4% | 2024 | |
| 12 | 3.2% | 3.7% | 2024 | |
| 13 | 2.9% | 2.8% | 2024 | |
| 14 | 2.2% | 1.5% | 2024 | |
| 15 | 2.1% | 1.4% | 2024 | |
| 16 | 1.7% | 1.5% | 2024 | |
| 17 | 1.2% | 1.7% | 2024 | |
| 18 | -0.5% | -1% | 2024 | |
| 19 | -0.5% | 2.9% | 2024 | |
| 20 | -0.6% | -0.7% | 2024 | |
| 21 | -0.6% | -0.1% | 2024 | |
| 22 | -1.4% | -2.6% | 2024 | |
| 23 | -3.8% | -2.8% | 2024 |
Asia Current Account to GDP Ratio Ranking (2024) : Definition
Current Account to GDP Ratio is the balance of trade in goods and services plus net income and transfers, as a share of GDP.