Current Account Balances is an important factor to evaluate the health of an economy. A surplus indicates that the country is in a better financial shape and lends money to other countries. A deficit implies that the country is a debtor to other countries and institutions.

The chart below shows the current account balances for select developing countries:

Click to enlarge

Source: What happened to all the worries about rising inflation and bond yields? Goldilocks, tariffs, Turkey & other things by Dr.Shane Oliver, AMP Capital

Turkey is the worst based on this factor and Thailand is the best since it has the highest surplus. Other major emerging economies with surpluses are Russia, South Korea and Malaysia.