Micronesia (Federated States of) vs Naoero: Current account balance
Current account balance over time
- Micronesia (Federated States of)
- Naoero
How they compare
Micronesia (Federated States of) currently reports 22.41 million BoP, current US$ against 9.73 million BoP, current US$ in Naoero, a difference of 12.68 million BoP, current US$.
That makes Micronesia (Federated States of)'s figure about 2.3 times Naoero's.
Across all 6 years both countries report, Naoero has been ahead every year.
Micronesia (Federated States of) ranks 74th and Naoero ranks 76th of 199 countries.
Naoero has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia (Federated States of) | Naoero | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -38.25 million BoP, current US$ | 29.94 million BoP, current US$ | 68.20 million BoP, current US$ | Naoero |
| 2010s | -14.48 million BoP, current US$ | 30.04 million BoP, current US$ | 44.52 million BoP, current US$ | Naoero |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Micronesia (Federated States of) or Naoero?
- Micronesia (Federated States of), at 22.41 million BoP, current US$ against 9.73 million BoP, current US$ in Naoero as of 2014.
- What is the difference in current account balance between Micronesia (Federated States of) and Naoero?
- 12.68 million BoP, current US$, with Micronesia (Federated States of) ahead.
- How many years of comparable data are there for Micronesia (Federated States of) and Naoero?
- 6 years are reported by both, from 2009 to 2014.
- How do Micronesia (Federated States of) and Naoero rank globally for current account balance?
- Micronesia (Federated States of) ranks 74th and Naoero ranks 76th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.