The back of the Economist magazine has current account deficits over the past 12 months for 42 major economies, comprising the vast majority of global GDP. I noticed that they group neatly into 4 major blocks. But first I’ll present the data for 5 regions:
1. Continental Europe (excluding Turkey): $556.8 billion CA surplus
2. East Asia: $674.0 billion surplus
3. English speaking countries (US/UK/Canada/ Australia) $698.9 billion deficit
4. Latin America: $101.5 billion deficit