Iraq vs Portugal: Current account balance
Current account balance over time
- Iraq
- Portugal
How they compare
Iraq currently reports 8.37 billion BoP, current US$ against 6.51 billion BoP, current US$ in Portugal, a difference of 1.86 billion BoP, current US$.
That makes Iraq's figure about 1.3 times Portugal's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Iraq ahead.
Iraq ranks 27th and Portugal ranks 30th of 199 countries.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.44 billion BoP, current US$ | -24.00 billion BoP, current US$ | 32.44 billion BoP, current US$ | Iraq |
| 2010s | 15.85 billion BoP, current US$ | -2.76 billion BoP, current US$ | 18.61 billion BoP, current US$ | Iraq |
| 2020s | 22.60 billion BoP, current US$ | -79.22 million BoP, current US$ | 22.68 billion BoP, current US$ | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Iraq or Portugal?
- Iraq, at 8.37 billion BoP, current US$ against 6.51 billion BoP, current US$ in Portugal as of 2024.
- What is the difference in current account balance between Iraq and Portugal?
- 1.86 billion BoP, current US$, with Iraq ahead.
- How many years of comparable data are there for Iraq and Portugal?
- 20 years are reported by both, from 2005 to 2024.
- How do Iraq and Portugal rank globally for current account balance?
- Iraq ranks 27th and Portugal ranks 30th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.