Jamaica vs Nicaragua: Current account balance
Current account balance over time
- Jamaica
- Nicaragua
How they compare
Nicaragua currently reports 817.62 million BoP, current US$ against 678.81 million BoP, current US$ in Jamaica, a difference of 138.81 million BoP, current US$.
That makes Nicaragua's figure about 1.2 times Jamaica's.
The two have swapped places 13 times across 48 shared years of data; in 1977 it was Jamaica ahead.
Jamaica ranks 54th and Nicaragua ranks 53rd of 199 countries.
Across the 6 decades both report, Jamaica averaged higher in 3 and Nicaragua in 3.
Head to head by decade
| Decade | Jamaica | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -46.97 million BoP, current US$ | -8.87 million BoP, current US$ | 38.10 million BoP, current US$ | Nicaragua |
| 1980s | -211.47 million BoP, current US$ | -585.03 million BoP, current US$ | 373.56 million BoP, current US$ | Jamaica |
| 1990s | -174.99 million BoP, current US$ | -685.66 million BoP, current US$ | 510.67 million BoP, current US$ | Jamaica |
| 2000s | -1.17 billion BoP, current US$ | -896.01 million BoP, current US$ | 272.82 million BoP, current US$ | Nicaragua |
| 2010s | -831.71 million BoP, current US$ | -836.39 million BoP, current US$ | 4.68 million BoP, current US$ | Jamaica |
| 2020s | 220.74 million BoP, current US$ | 382.49 million BoP, current US$ | 161.75 million BoP, current US$ | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Jamaica or Nicaragua?
- Nicaragua, at 817.62 million BoP, current US$ against 678.81 million BoP, current US$ in Jamaica as of 2024.
- What is the difference in current account balance between Jamaica and Nicaragua?
- 138.81 million BoP, current US$, with Nicaragua ahead.
- How many years of comparable data are there for Jamaica and Nicaragua?
- 48 years are reported by both, from 1977 to 2024.
- How do Jamaica and Nicaragua rank globally for current account balance?
- Jamaica ranks 54th and Nicaragua ranks 53rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.