Algeria vs Mozambique: Current account balance
Current account balance over time
- Algeria
- Mozambique
How they compare
Mozambique currently reports -2.49 billion BoP, current US$ against -2.75 billion BoP, current US$ in Algeria, a difference of 260.69 million BoP, current US$.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Algeria ahead.
Algeria ranks 160th and Mozambique ranks 157th of 199 countries.
Across the 3 decades both report, Algeria averaged higher in 2 and Mozambique in 1.
Head to head by decade
| Decade | Algeria | Mozambique | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.97 billion BoP, current US$ | -935.12 million BoP, current US$ | 23.90 billion BoP, current US$ | Algeria |
| 2010s | -7.53 billion BoP, current US$ | -4.32 billion BoP, current US$ | 3.21 billion BoP, current US$ | Mozambique |
| 2020s | 98.91 million BoP, current US$ | -3.61 billion BoP, current US$ | 3.71 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 Mozambique?
- Mozambique, at -2.49 billion BoP, current US$ against -2.75 billion BoP, current US$ in Algeria as of 2024.
- What is the difference in current account balance between Algeria and Mozambique?
- 260.69 million BoP, current US$, with Mozambique ahead.
- How many years of comparable data are there for Algeria and Mozambique?
- 20 years are reported by both, from 2005 to 2024.
- How do Algeria and Mozambique rank globally for current account balance?
- Algeria ranks 160th and Mozambique ranks 157th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.