Congo vs Trinidad and Tobago: Current account balance
Current account balance over time
- Congo
- Trinidad and Tobago
How they compare
Congo currently reports 1.72 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago, a difference of 467.48 million BoP, current US$.
That makes Congo's figure about 1.4 times Trinidad and Tobago's.
The two have swapped places 10 times across 42 shared years of data; in 1978 it was Trinidad and Tobago ahead.
Congo ranks 46th and Trinidad and Tobago ranks 49th of 199 countries.
Across the 6 decades both report, Congo averaged higher in 1 and Trinidad and Tobago in 5.
Head to head by decade
| Decade | Congo | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -139.98 million BoP, current US$ | 17.62 million BoP, current US$ | 157.60 million BoP, current US$ | Trinidad and Tobago |
| 1980s | -266.47 million BoP, current US$ | -205.30 million BoP, current US$ | 61.17 million BoP, current US$ | Trinidad and Tobago |
| 1990s | -427.87 million BoP, current US$ | 9.66 million BoP, current US$ | 437.52 million BoP, current US$ | Trinidad and Tobago |
| 2000s | -579,270 BoP, current US$ | 3.01 billion BoP, current US$ | 3.01 billion BoP, current US$ | Trinidad and Tobago |
| 2010s | 177.27 million BoP, current US$ | 3.10 billion BoP, current US$ | 2.92 billion BoP, current US$ | Trinidad and Tobago |
| 2020s | 1.58 billion BoP, current US$ | 636.45 million BoP, current US$ | 941.82 million BoP, current US$ | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Congo or Trinidad and Tobago?
- Congo, at 1.72 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago as of 2021.
- What is the difference in current account balance between Congo and Trinidad and Tobago?
- 467.48 million BoP, current US$, with Congo ahead.
- How many years of comparable data are there for Congo and Trinidad and Tobago?
- 42 years are reported by both, from 1978 to 2021.
- How do Congo and Trinidad and Tobago rank globally for current account balance?
- Congo ranks 46th and Trinidad and Tobago ranks 49th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.