Congo vs Libya: Current account balance
Current account balance over time
- Congo
- Libya
How they compare
Libya currently reports 1.86 billion BoP, current US$ against 1.72 billion BoP, current US$ in Congo, a difference of 148.69 million BoP, current US$.
That makes Libya's figure about 1.1 times Congo's.
The two have swapped places 10 times across 42 shared years of data; in 1978 it was Libya ahead.
Congo ranks 46th and Libya ranks 44th of 200 countries.
Across the 6 decades both report, Congo averaged higher in 1 and Libya in 5.
Head to head by decade
| Decade | Congo | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -139.98 million BoP, current US$ | 2.25 billion BoP, current US$ | 2.39 billion BoP, current US$ | Libya |
| 1980s | -266.47 million BoP, current US$ | -254.66 million BoP, current US$ | 11.81 million BoP, current US$ | Libya |
| 1990s | -427.87 million BoP, current US$ | 845.31 million BoP, current US$ | 1.27 billion BoP, current US$ | Libya |
| 2000s | -579,270 BoP, current US$ | 12.90 billion BoP, current US$ | 12.90 billion BoP, current US$ | Libya |
| 2010s | 177.27 million BoP, current US$ | 1.95 billion BoP, current US$ | 1.77 billion BoP, current US$ | Libya |
| 2020s | 1.58 billion BoP, current US$ | 447.55 million BoP, current US$ | 1.13 billion BoP, current US$ | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Congo or Libya?
- Libya, at 1.86 billion BoP, current US$ against 1.72 billion BoP, current US$ in Congo as of 2023.
- What is the difference in current account balance between Congo and Libya?
- 148.69 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Congo and Libya?
- 42 years are reported by both, from 1978 to 2021.
- How do Congo and Libya rank globally for current account balance?
- Congo ranks 46th and Libya ranks 44th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.