The current account balance provides information on the balance of the transactions of a country with the rest of the world. For more information on the definition, please refer to the reference metadata information. The MIP scoreboard indicator is the 3 year average of the current account balance expressed as a percentage of GDP.
The indicative thresholds for the current account balance (3 year average) are - 4% and 6%. When the value of the indicator is within the defined thresholds, the country is coloured in green on the map.
Source: Balance of payments (BoP) statistics (online data code: tipsbp10).
- Underlying methodology and statistical classifications: Eurostat MIP dedicated section.
- MIP scoreboard design and indicators thresholds: Scoreboard for the surveillance of macroeconomic imbalances (DG ECFIN Occasional Paper 92/2012).