Algeria vs Ethiopia: Current account balance
Current account balance over time
- Algeria
- Ethiopia
How they compare
Algeria currently reports -2.75 billion BoP, current US$ against -3.79 billion BoP, current US$ in Ethiopia, a difference of 1.04 billion BoP, current US$.
The two have swapped places 7 times across 35 shared years of data; in 1977 it was Ethiopia ahead.
Algeria ranks 160th and Ethiopia ranks 163rd of 199 countries.
Across the 6 decades both report, Algeria averaged higher in 3 and Ethiopia in 3.
Head to head by decade
| Decade | Algeria | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -2.50 billion BoP, current US$ | -95.22 million BoP, current US$ | 2.40 billion BoP, current US$ | Ethiopia |
| 1980s | -404.95 million BoP, current US$ | -178.02 million BoP, current US$ | 226.92 million BoP, current US$ | Ethiopia |
| 1990s | 1.89 billion BoP, current US$ | -95.33 million BoP, current US$ | 1.99 billion BoP, current US$ | Algeria |
| 2000s | 22.97 billion BoP, current US$ | -1.64 billion BoP, current US$ | 24.60 billion BoP, current US$ | Algeria |
| 2010s | -7.53 billion BoP, current US$ | -4.46 billion BoP, current US$ | 3.06 billion BoP, current US$ | Ethiopia |
| 2020s | 98.91 million BoP, current US$ | -4.19 billion BoP, current US$ | 4.29 billion BoP, current US$ | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Algeria or Ethiopia?
- Algeria, at -2.75 billion BoP, current US$ against -3.79 billion BoP, current US$ in Ethiopia as of 2024.
- What is the difference in current account balance between Algeria and Ethiopia?
- 1.04 billion BoP, current US$, with Algeria ahead.
- How many years of comparable data are there for Algeria and Ethiopia?
- 35 years are reported by both, from 1977 to 2024.
- How do Algeria and Ethiopia rank globally for current account balance?
- Algeria ranks 160th and Ethiopia ranks 163rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.