Top 15 OECD Countries with Highest Current Account Surpluses in 2017

Published on September 18, 2017 at 10:03 am by Insider Monkey Staff in Commodities, Economy, Lists, Macroeconomic Predictions

<< Prev

Page 15 of 15

See All

1. Switzerland

% of GDP: 10.7
Trade surplus value: $70.55 billion

Finally, at the top of our list we have Switzerland, a country with a trade surplus of $70.55 billion, and a current account surplus of 10.7% of its GDP, which isn’t surprising, considering it’s not the largest country out there.

The country is a big exporter of pearls, precious stones and metals, as well as jewelry, pharmaceutical products, machinery and mechanical appliances, clocks and watches, as well as organic chemicals.

When it comes to imports, the Swiss love buying jewelry, pearls and precious stones, pharmaceutical products, machinery and mechanical appliances, vehicles and electronics. The list also includes mineral fuels and oils, plastics, furniture, clocks, aircraft, spacecraft and parts, iron and steel, aluminum, clothes and more.

That being said, we have now seen which are the top 15 OECD countries with highest current account surpluses in 2017, painting a rather clear picture of how the world works. If you think there is a strong correlation between current account surpluses and prosperity of a country, there are a lot of exceptions. To find out, check out our list of the 25 richest countries in the world by 2017 GDP.