Naoero vs Tuvalu: Current account balance
Current account balance over time
- Naoero
- Tuvalu
How they compare
Tuvalu currently reports 20.21 million BoP, current US$ against 9.73 million BoP, current US$ in Naoero, a difference of 10.48 million BoP, current US$.
That makes Tuvalu's figure about 2.1 times Naoero's.
The two have swapped places 7 times across 16 shared years of data; in 2008 it was Naoero ahead.
Naoero ranks 76th and Tuvalu ranks 75th of 199 countries.
Across the 3 decades both report, Naoero averaged higher in 2 and Tuvalu in 1.
Head to head by decade
| Decade | Naoero | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.29 million BoP, current US$ | -10.31 million BoP, current US$ | 34.59 million BoP, current US$ | Naoero |
| 2010s | 16.49 million BoP, current US$ | -1.24 million BoP, current US$ | 17.72 million BoP, current US$ | Naoero |
| 2020s | 3.68 million BoP, current US$ | 11.48 million BoP, current US$ | 7.80 million BoP, current US$ | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Naoero or Tuvalu?
- Tuvalu, at 20.21 million BoP, current US$ against 9.73 million BoP, current US$ in Naoero as of 2023.
- What is the difference in current account balance between Naoero and Tuvalu?
- 10.48 million BoP, current US$, with Tuvalu ahead.
- How many years of comparable data are there for Naoero and Tuvalu?
- 16 years are reported by both, from 2008 to 2023.
- How do Naoero and Tuvalu rank globally for current account balance?
- Naoero ranks 76th and Tuvalu ranks 75th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.