Cabo Verde vs Liberia: Current account balance
Current account balance over time
- Cabo Verde
- Liberia
How they compare
Liberia currently reports 119.78 million BoP, current US$ against 107.77 million BoP, current US$ in Cabo Verde, a difference of 12.02 million BoP, current US$.
That makes Liberia's figure about 1.1 times Cabo Verde's.
The two have swapped places 8 times across 30 shared years of data; in 1979 it was Liberia ahead.
Cabo Verde ranks 68th and Liberia ranks 67th of 199 countries.
Across the 5 decades both report, Cabo Verde averaged higher in 3 and Liberia in 2.
Head to head by decade
| Decade | Cabo Verde | Liberia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.02 million BoP, current US$ | 348,847 BoP, current US$ | 1.36 million BoP, current US$ | Liberia |
| 1980s | -7.71 million BoP, current US$ | -228,255 BoP, current US$ | 7.48 million BoP, current US$ | Liberia |
| 2000s | -150.30 million BoP, current US$ | -228.46 million BoP, current US$ | 78.15 million BoP, current US$ | Cabo Verde |
| 2010s | -142.04 million BoP, current US$ | -747.02 million BoP, current US$ | 604.98 million BoP, current US$ | Cabo Verde |
| 2020s | -115.40 million BoP, current US$ | -232.14 million BoP, current US$ | 116.74 million BoP, current US$ | Cabo Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Cabo Verde or Liberia?
- Liberia, at 119.78 million BoP, current US$ against 107.77 million BoP, current US$ in Cabo Verde as of 2024.
- What is the difference in current account balance between Cabo Verde and Liberia?
- 12.02 million BoP, current US$, with Liberia ahead.
- How many years of comparable data are there for Cabo Verde and Liberia?
- 30 years are reported by both, from 1979 to 2024.
- How do Cabo Verde and Liberia rank globally for current account balance?
- Cabo Verde ranks 68th and Liberia ranks 67th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.