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Germany’s Current Account Surplus Widens

Image Germany’s Current Account Surplus Widens

Jan 22, 2013: China recorded the world’s highest current account surplus in 2012, worth USD 234 billion, according to calculations by the Ifo Institute. It was followed in second and third places by Germany and Saudi Arabia, with USD 218 billion and USD 155 billion, respectively. In the case of Germany, instead of private marketable assets, this surplus reflects mostly an increase in public sector claims and, above all, in the Bundesbank’s Target claims.

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