The current account balance of payments is a record of a country's international transactions with the rest of the world. The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. Also covered are offsets to current economic values provided or acquired without a quid pro quo. This indicator is measured in million USD and percentage of GDP.
Current account balance
The current account balance of payments is a record of a country's international transactions with the rest of the world.
Indicator
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Statistical release23 August 2024
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DatasetInternational trade statistics provide a view of trade flows between countries, broken down by types of goods and services. However, these conventional statistics do not offer insights into the actors who are engaged in cross-border trade. The Trade by Enterprise Characteristics (TEC) database addresses this gap by offering international trade in goods data broken down by different categories of enterprises. This dataset serves as a robust foundation for policy analyses that explore which types of firms are involved in international trade in goods and what are their characteristics. Export and import values, as well as and the number of exporting and importing enterprises, are available most OECD and a number of non-OECD countries.
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DatasetThe OECD International Transport and Insurance Costs of merchandise trade (ITIC) dataset provides information on the costs associated with transporting and insuring goods across borders. These costs are expressed as CIF/FOB margins, interpreted as the difference between the Cost, Insurance, and Freight (CIF) and the Free-On-Board (FOB) valuations for the same import flow. To build ITIC, all available official statistics on imports with both CIF and FOB prices are gathered, broken down by partner country and by commodity; later, a gravity model is estimated and used to predict the CIF/FOB margins for countries lacking explicit data, providing global coverage. The final dataset encompasses over 200 economies and partners and more than 1,200 products according to the Harmonized System (HS 2017).
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DashboardThe OECD-ITIC Dashboard enables users to visualize the OECD International transport and insurance costs of merchandise trade (ITIC) dataset. Through its various panels, users can explore how these costs vary by importing country and product, leveraging on the wealth of information available in the OECD-ITIC dataset.
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DatasetTo enable a better understanding of global trade patterns, the OECD developed transparent methodologies to reconcile asymmetries in international trade data. Two balanced trade datasets are available: the OECD Balanced International Merchandise Trade dataset (BIMTS) and the OECD-WTO Balanced Trade in Services dataset (BaTIS).
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IndicatorTrade in goods and services is the transaction in goods and services between residents and non-residents.