Description
China Percentage of GDP in Current Account Balance is published by the State Administration of Foreign Exchange (SAFE) of China. This indicator measures the size of the current account balance relative to the Gross Domestic Product (GDP). It shows the relative significance of current account surpluses or deficits in economic activity. A higher percentage generally indicates surplus production that contributes to foreign exchange reserves, while a lower or negative percentage suggests a current account deficit, reflecting insufficient external demand or increased outflows.