CIA: The United States is dead last in "Account Balance" rank order

[file83]

This is certainly unnerving:

Rank       Country       Current Account Balance       Date
1       China       $179,100,000,000       2006 est.
2       Japan       $174,400,000,000       2006 est.
3       Germany       $134,800,000,000       2006 est.
4       Russia       $105,300,000,000       2006 est.
5       Saudi Arabia       $103,800,000,000       2006 est.
6       Norway       $63,330,000,000       2006 est.
7       Switzerland       $50,440,000,000       2006 est.
8       Netherlands       $50,170,000,000       2006 est.
9       Kuwait       $40,750,000,000       2006 est.
10       Singapore       $35,580,000,000       2006 est.
11       Venezuela       $31,820,000,000       2006 est.
12       Sweden       $28,610,000,000       2006 est.
13       United Arab Emirates       $26,890,000,000       2006 est.
14       Algeria       $25,800,000,000       2006 est.
15       Hong Kong       $20,900,000,000       2006 est.
16       Canada       $20,560,000,000       2006 est.
17       Malaysia       $17,860,000,000       2006 est.
18       Libya       $14,500,000,000       2006 est.
19       Brazil       $13,500,000,000       2006 est.
20       Iran       $13,130,000,000       2006 est.
21       Nigeria       $12,590,000,000       2006 est.
22       Qatar       $12,510,000,000       2006 est.
23       Taiwan       $9,700,000,000       2006 est.
24       Finland       $8,749,000,000       2006 est.
25       Iraq       $8,134,000,000       2006 est.
26       Angola       $7,700,000,000       2006 est.
27       Oman       $7,097,000,000       2006 est.
28       Belgium       $6,925,000,000       2006 est.
29       Austria       $5,913,000,000       2006 est.
30       Argentina       $5,810,000,000       2006 est.
31       Chile       $5,063,000,000       2006 est.
32       Denmark       $4,941,000,000       2006 est.
33       Philippines       $4,900,000,000       2006 est.
34       Luxembourg       $4,630,000,000       2006 est.
35       Trinidad and Tobago       $3,259,000,000       2006 est.
36       Azerbaijan       $2,737,000,000       2006 est.
37       Egypt       $2,697,000,000       2006 est.
38       Korea, South       $2,000,000,000       2006 est.
39       Bahrain       $1,999,000,000       2006 est.
40       Gabon       $1,807,000,000       2006 est.
41       Botswana       $1,698,000,000       2006 est.
42       Yemen       $1,690,000,000       2006 est.
43       Indonesia       $1,636,000,000       2006 est.
44       Peru       $1,515,000,000       2006 est.
45       Israel       $1,463,000,000       2006 est.
46       Uzbekistan       $1,410,000,000       2006 est.
47       Burma       $1,247,000,000       2006 est.
48       Congo, Republic of the       $1,215,000,000       2006 est.
49       Vietnam       $1,029,000,000       2006 est.
50       Ecuador       $727,000,000       2006 est.
51       Bolivia       $688,000,000       2006 est.
52       Papua New Guinea       $661,000,000       2006 est.
53       Namibia       $572,000,000       2006 est.
54       Cote d'Ivoire       $460,000,000       2006 est.
55       Cameroon       $419,000,000       2006 est.
56       Morocco       $389,000,000       2006 est.
57       Bangladesh       $339,000,000       2006 est.
58       Turkmenistan       $321,200,000       2006 est.
59       Equatorial Guinea       $175,000,000       2006 est.
60       British Virgin Islands       $134,300,000       1999
61       Kazakhstan       $133,000,000       2006 est.
62       Cook Islands       $26,670,000       2005
63       Palau       $15,090,000       FY03/04
64       Tuvalu       $2,323,000       1998
65       Samoa       -$2,428,000       FY03/04
66       Tonga       -$4,321,000       FY04/05
67       Comoros       -$17,000,000       2005 est.
68       Kiribati       -$19,870,000       2004
69       Swaziland       -$23,130,000       2006 est.
70       Sao Tome and Principe       -$24,400,000       2006 est.
71       Vanuatu       -$28,350,000       2003
72       Micronesia, Federated States of       -$34,300,000       FY05 est.
73       Anguilla       -$42,870,000       2003 est.
74       Cape Verde       -$44,430,000       2006 est.
75       Gambia, The       -$54,610,000       2006 est.
76       Burundi       -$57,840,000       2006 est.
77       Haiti       -$58,720,000       2006 est.
78       Tajikistan       -$73,950,000       2006 est.
79       Lesotho       -$75,440,000       2006 est.
80       Seychelles       -$78,590,000       2006 est.
81       Antigua and Barbuda       -$83,400,000       2004
82       Guyana       -$84,300,000       2006 est.
83       Rwanda       -$104,100,000       2006 est.
84       Honduras       -$160,000,000       2006 est.
85       Zambia       -$165,400,000       2006 est.
86       Macedonia       -$167,000,000       2006 est.
87       Belize       -$173,400,000       2006 est.
88       Malawi       -$186,000,000       2006 est.
89       Ghana       -$219,000,000       2006 est.
90       Armenia       -$247,300,000       January-September 2006 est.
91       Togo       -$261,900,000       2006 est.
92       Zimbabwe       -$264,600,000       2006 est.
93       Kyrgyzstan       -$287,300,000       2006 est.
94       Paraguay       -$300,000,000       2006 est.
95       Chad       -$324,100,000       2006 est.
96       Benin       -$342,700,000       2006 est.
97       Guinea       -$344,000,000       2006 est.
98       Cambodia       -$369,000,000       2006 est.
99       Mexico       -$400,100,000       2006 est.
100       Uganda       -$423,000,000       2006 est.
101       Eritrea       -$440,500,000       2006 est.
102       Mozambique       -$444,400,000       2006 est.
103       Fiji       -$465,800,000       2006 est.
104       Panama       -$467,000,000       2006 est.
105       Madagascar       -$504,000,000       2006 est.
106       Laos       -$504,200,000       2006 est.
107       Belarus       -$511,800,000       2006 est.
108       Syria       -$529,000,000       2006 est.
109       Moldova       -$561,000,000       2006 est.
110       Uruguay       -$600,000,000       2006 est.
111       Burkina Faso       -$604,600,000       2006 est.
112       Mauritius       -$651,000,000       2006 est.
113       Albania       -$679,900,000       2006 est.
114       Georgia       -$735,000,000       2006 est.
115       Tunisia       -$760,000,000       2006 est.
116       Slovenia       -$789,200,000       2006 est.
117       Nicaragua       -$883,000,000       2006 est.
118       Senegal       -$895,200,000       2006 est.
119       Thailand       -$899,400,000       2006 est.
120       Tanzania       -$906,000,000       2006 est.
121       Malta       -$966,200,000       2006 est.
122       Jamaica       -$970,000,000       2006 est.
123       Cyprus       -$1,051,000,000       2006 est.
124       El Salvador       -$1,059,000,000       2006 est.
125       Sri Lanka       -$1,118,000,000       2006 est.
126       Kenya       -$1,119,000,000       2006 est.
127       Dominican Republic       -$1,124,000,000       2006 est.
128       Costa Rica       -$1,176,000,000       2006 est.
129       Cuba       -$1,218,000,000       2006 est.
130       Guatemala       -$1,533,000,000       2006 est.
131       Bosnia and Herzegovina       -$1,730,000,000       2006 est.
132       Estonia       -$1,919,000,000       2006 est.
133       Ukraine       -$1,933,000,000       2006 est.
134       Colombia       -$2,219,000,000       2006 est.
135       Serbia       -$2,451,000,000       2005 est.
136       Latvia       -$2,538,000,000       2006 est.
137       Lithuania       -$2,572,000,000       2006 est.
138       Jordan       -$2,834,000,000       2006 est.
139       Croatia       -$2,892,000,000       2006 est.
140       Iceland       -$2,932,000,000       2006 est.
141       Ethiopia       -$3,384,000,000       FY05/06 est.
142       Slovakia       -$3,781,000,000       2006 est.
143       Czech Republic       -$4,352,000,000       2006 est.
144       Sudan       -$4,510,000,000       2006 est.
145       Poland       -$4,548,000,000       2006 est.
146       Bulgaria       -$5,100,000,000       2006 est.
147       Lebanon       -$5,339,000,000       Oct-06
148       Pakistan       -$5,486,000,000       2006 est.
149       New Zealand       -$7,944,000,000       2006 est.
150       Hungary       -$8,392,000,000       2006 est.
151       Ireland       -$9,450,000,000       2006 est.
152       Romania       -$12,450,000,000       2006 est.
153       South Africa       -$12,690,000,000       2006 est.
154       Portugal       -$16,750,000,000       2006 est.
155       Greece       -$21,370,000,000       2006 est.
156       Italy       -$23,730,000,000       2006 est.
157       Turkey       -$25,990,000,000       2006 est.
158       India       -$26,400,000,000       2006 est.
159       France       -$38,000,000,000       2006 est.
160       Australia       -$41,620,000,000       2006 est.
161       United Kingdom       -$57,680,000,000       2006 est.
162       Spain       -$98,600,000,000       2006 est.
163       United States       -$862,300,000,000       2006 est.

source:CIA World Factbook

Uhhh, yeah...about your credit score here...

[Zywiec]

1. Do you believe the CIA Fact Book?

[BuyingThyme]

3. That's what they want you to ask.

[file83]

4. What's the point you are getting at?

Do you think the situation is worse or better?

It's not so much that I believe the CIA, as in "trust", but in this case, why would they lie about us being dead last?

Do you think there is a conspiracy to make our "account balance" look worse than it really is?

[Zywiec]

6. The reason I asked was because of something on another thread

We were discussing the infant mortality rate in Iraq has gone up 150% between the years 1990 - 2007. When I was looking around for other data, I noticed that the CIA Fact book had it slowly getting better the last four years. I suspected the worse years were during the UN embargo of the 90's.

When I mentioned the link, it was like I was using something not trusted.

[AX10]

2. Oh S**T, that is BAD!!!!!!!!!!

EXTREMLY BAD!

[Canuckistanian]

5. Hey, Canada ain't doing too bad

#16, not too shabby.

[Kagemusha]

7. And Canada has how many times smaller an economy?

Canada's stopped digging a deeper hole. That's impressive only by comparison.

[Canuckistanian]

8. That's true

But we're still on the positive side of that list.

And our politicians still pay attention to these kind of things.

American politicians just stopped talking about it.

Long ago.

[Kagemusha]

15. Your reply also rings quite true.

One country stopped digging and the other brought in a bigger Caterpillar.

[Rydz777]

9. It's clear now: Germany and Japan won World War II. n/t

[RL3AO]

13. Oh really?

[porphyrian]

10. And the top two are the biggest foreign owners of our debt...hmm...

Correlation or causation?

[Elwood P Dowd]

11. And Bushitler is pushing for more fake free trade deals

so we can expect to hit a trillion even faster. Some of our DLC Dems are now on board. The twin deficits will hit 1.5 trillion dollars a year by 2010.

[Blashyrkh]

12. What's more unnerving is the difference.

Spain -$98,600,000,000
United States -$862,300,000,000

You are $763,700,000,000 in last place. That's fucked.

[La_Fourmi_Rouge]

14. Please explain the concept of "Account Balance". n/t

[RL3AO]

16. 862 billion is bad, but its very missleading

Maybe someone can give a better idea of how to compare economies, but I'll just use GDP.

For example, the U.S. GDP is about 10.6 times higher that Spain. So if you multiple it out, that puts Spain at around 1068 billion.

I'm not saying its the best comparasion, but the number is misleading because the U.S. economy is so massive. I'm also not saying it isnt bad since it is. But is doesnt mean the end of the world.