Luxembourg vs Nicaragua: Current account balance as a proportion of GDP
Luxembourg
4.4%
in 2024
Nicaragua
4.2%
in 2024
Luxembourg rank
44th
Nicaragua rank
46th
Current account balance as a proportion of GDP over time
- Luxembourg
- Nicaragua
How they compare
Luxembourg currently reports 4.4% against 4.2% in Nicaragua, a difference of 0.2%.
That makes Luxembourg's figure about 1.1 times Nicaragua's.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Luxembourg ahead.
Luxembourg ranks 44th and Nicaragua ranks 46th of 204 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Luxembourg | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.3% | -14.1% | 21.4% | Luxembourg |
| 2010s | 6.3% | -7.4% | 13.7% | Luxembourg |
| 2020s | 5.3% | 2.1% | 3.2% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a proportion of gdp, Luxembourg or Nicaragua?
- Luxembourg, at 4.4% against 4.2% in Nicaragua as of 2024.
- What is the difference in current account balance as a proportion of gdp between Luxembourg and Nicaragua?
- 0.2%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Nicaragua?
- 25 years are reported by both, from 2000 to 2024.
- How do Luxembourg and Nicaragua rank globally for current account balance as a proportion of gdp?
- Luxembourg ranks 44th and Nicaragua ranks 46th of 204 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.