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140204Australia Current Account Surplus Widens in Q43/2/2021 12:42:00 AM"Australia's current account surplus widened to AUD 14.52 billion in the fourth quarter of 2020, from an upwardly revised AUD 10.71 billion in the previous period and above market expectations of AUD 13.1 billion, as the goods surplus increased sharply to AUD 14.25 billion from AUD 9.66 billion. Meanwhile, the services surplus declined slightly to AUD 3.87 billion from AUD 4.04 billion in the previous three-month period, while the primary income gap rose to AUD 3.17 billion from AUD 2.72 billion and the secondary income deficit went up to AUD 0.43 billion from AUD 0.27 billion."AustraliaCurrent AccountAUCABAL/australia/current-account
140154Canada Current Account Gap Lower than Expected3/1/2021 1:37:00 PM"Canada's current account deficit narrowed by CAD 3.2 billion to CAD 7.3 billion in the fourth quarter of 2020, compared to market forecasts of CAD 8.3 billion. This reduction reflected a higher investment income surplus and, to a lesser extent, a lower trade in goods and services deficit. Investment income receipts were up after three consecutive quarterly reductions, while payments were down for the fourth quarter in a row. The investment income surplus rose by CAD 3 billion to CAD 4.2 billion, almost entirely as a result of higher profits earned by Canadian direct investors abroad, as direct investment profits earned by foreigners in Canada edged up slightly. At the same time, the deficit in trade in goods and services dropped by CAD 421 million to CAD 9.2 billion, driven by a lower trade in goods deficit and a higher trade in services surplus. Considering full 2020, the current account deficit dropped by CAD 4.7 billion to CAD 42.7 billion."CanadaCurrent AccountCACURENT/canada/current-account
139959Taiwan Posts 2nd Largest Current Account Surplus on Record2/26/2021 10:46:00 AM"The current account surplus in Taiwan rose by $10.37 billion to $27.33 billion in the Q4 of 2020 from $16.96 billion a year ago. It was the 2nd largest current account surplus ever recorded, as the goods surplus increased by $8.90 billion to $23.04 billion, mainly boosted by orders for emerging technology applications and remote working-related products, as well as rising demand for traditional manufacturing goods. Meantime, the services account shifted to a $1.38 billion surplus compared to a $1.08 billion deficit, due to an increase in freight proceeds and a smaller travel deficit. On the other hand, the primary income account surplus fell by $1.11 billion to $3.66 billion, amid decreases in residents' income from outward foreign direct investment and in banks' overseas interest income. The secondary income gap fell by $0.18 billion to $0.75 billion, on lower expenditures on gifts and samples. In 2020, the country's current account surplus rose by $29.1 billion to $94.3 billion."TaiwanCurrent AccountTaiwanCA/taiwan/current-account
139945Spain Current Account Surplus Narrows in December2/26/2021 9:45:20 AMSpain's current account surplus fell to EUR 0.73 billion in December of 2020 from EUR 2.2 billion in the same month of the previous year. The goods and services surplus narrowed to EUR 0.8 billion from EUR 1.7 billion in the same period of 2019; and the primary and secondary income account shifted to a deficit of EUR 0.1 billion from EUR 0.5 billion a year ago.SpainCurrent AccountSPCAEURO/spain/current-account
139833Mexico Current Account Surplus Second-Largest on Record2/25/2021 3:18:00 PM"Mexico’s current account surplus widened sharply to USD 17.4 billion in the fourth quarter of 2020 from USD 3.2 billion in the same period of the previous year. It was the second-largest current account surplus ever recorded, as the goods surplus rose markedly to USD 15.5 billion from USD 3.2 billion a year earlier. Also, the secondary income surplus also rose sharply to USD 10.5 billion from USD 9 billion in the fourth quarter of 2019. Meantime, the services deficit went up slightly to USD 1.8 billion from USD 1.7 billion, while the primary income gap fell to USD 6.8 billion from USD 7.2 billion. In 2020, the country's current account shifted to a surplus of USD 26.6 billion compared to a gap of USD 4.2 billion a year ago. It was the first current account surplus since 2005 and the largest since 1983."MexicoCurrent AccountOEMXB039/mexico/current-account
139674Brazil Current Account Gap Narrows in January2/24/2021 1:04:00 PM"Brazil's current account deficit fell to USD 7.3 billion in January of 2021 from USD 10.3 billion in the same month of the previous year and below market expectations of a USD 7.75 billion shortfall. The goods deficit narrowed to USD 1.9 billion from USD 2.5 billion in January of 2020, with exports rising 2.8 percent and imports falling 1 percent; and the services gap declined to USD 1 billion from USD 2.4 billion. Meantime, the primary income deficit went down to USD 4.7 billion from USD 5.6 billion and the secondary income surplus rose to USD 0.3 billion from 0.1 billion in the same period of 2020."BrazilCurrent AccountBZCACURR/brazil/current-account
139417Slovakia Current Account Gap Narrows in December2/22/2021 2:28:38 PM"Slovakia’s current account deficit narrowed to EUR 186.3 million in December 2020, from EUR 251.3 million in the previous year. The goods balance switched to a EUR 23 million surplus from a EUR 159.3 million deficit in the previous year, while the primary income gap narrowed to EUR 146.6 million from EUR 220.7 million. On the other hand, the services surplus shrank to EUR 15.2 million from EUR 48.4 million, and the secondary income balance slipped to a EUR 77.9 million deficit from a EUR 80.3 million surplus. Considering full 2020, the current deficit narrowed to EUR 306.6 million, from EUR 2547.2 million in the previous year."SlovakiaCurrent AccountSlovakiaCA/slovakia/current-account
139395Greece Current Account Gap Widens in December2/22/2021 9:53:36 AM"Greece's current account deficit widened to EUR 0.654 billion in December of 2020 from EUR 0.572 billion in the corresponding month of the previous year. The services surplus shrank to EUR 0.22 billion from EUR 0.50 billion, as tourism revenues fell to EUR 33.5 million from EUR 294.4 million in December of 2019. On the other hand, the goods gap narrowed to EUR 1.53 billion from EUR 1.63 billion a year ago, as imports slipped 1.1 percent, while exports rose 2.0 percent. Additionally, primary income rebounded to EUR 0.10 billion from a EUR 0.08 billion deficit and the secondary income surplus narrowed to EUR 0.56 billion from EUR 0.64 billion. Considering full 2020, the current account deficit widened to EUR 11.17 billion, from EUR 2.73 billion in the prior year."GreeceCurrent AccountGKCAEUR/greece/current-account
139287Italy Current Account Surplus Rises in December2/19/2021 10:45:45 AM"Italy’s current account surplus widened to EUR 6.715 billion in December of 2020 from EUR 5.739 billion in the same month of the previous year. The goods surplus rose to EUR 6.761 billion from EUR 5.175 billion and the services deficit narrowed to EUR 0.589 billion from EUR 0.847 billion. Meantime, the primary income surplus declined to EUR 2.596 billion from EUR 2.723 billion and the secondary income shortfall advanced to EUR 2.053 billion from EUR 1.312 billion. Considering Q4, the current account surplus went up to EUR 21.886 billion from EUR 20.463 billion in the corresponding period of 2019."ItalyCurrent AccountITCAEUR/italy/current-account
139283Bulgaria Current Account Narrows in 20202/19/2021 10:23:00 AM"Bulgaria’s current account surplus narrowed to EUR 202.1 million in December 2020 from EUR 339.8 million in the corresponding month of the previous year. The goods deficit shrank to EUR 260.8 million from EUR 585.8 million a year earlier and the primary income gap went down to EUR 107.1 million from EUR 141 million. Meanwhile, the services surplus dropped to EUR 147.4 million from EUR 224.5 million and the secondary income surplus declined to EUR 18.3 million from EUR 161.5 million. For full 2020, the current account surplus narrowed to EUR 67.5 million, from EUR 1847.5 million in the prior year."BulgariaCurrent AccountBulgariaCA/bulgaria/current-account