Although fast growing economies are generally grouped together as EMEs , some of their major macroeconomic indicators present a wide spectrum.
While some of the EMEs are running large current account surpluses (such as China, the Russian Federation, South Korea, Venezuela, Malaysia, Taiwan and Brazil), some others are running current account deficits (such as Turkey, Hungary, South Africa, Mexico, India and the Czech Republic) and their current account balances range from a deficit of $ 20 billion to a surplus of US $ 69 billion.