Nepal vs Trinidad and Tobago: Current account balance
Current account balance over time
- Nepal
- Trinidad and Tobago
How they compare
Nepal currently reports 1.68 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago, a difference of 430.72 million BoP, current US$.
That makes Nepal's figure about 1.3 times Trinidad and Tobago's.
The two have swapped places 15 times across 49 shared years of data; in 1976 it was Trinidad and Tobago ahead.
Nepal ranks 47th and Trinidad and Tobago ranks 49th of 199 countries.
Across the 6 decades both report, Nepal averaged higher in 1 and Trinidad and Tobago in 5.
Head to head by decade
| Decade | Nepal | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -5.04 million BoP, current US$ | 119.75 million BoP, current US$ | 124.78 million BoP, current US$ | Trinidad and Tobago |
| 1980s | -126.30 million BoP, current US$ | -205.30 million BoP, current US$ | 79.00 million BoP, current US$ | Nepal |
| 1990s | -256.63 million BoP, current US$ | 9.66 million BoP, current US$ | 266.28 million BoP, current US$ | Trinidad and Tobago |
| 2000s | 126.37 million BoP, current US$ | 3.01 billion BoP, current US$ | 2.89 billion BoP, current US$ | Trinidad and Tobago |
| 2010s | -86.19 million BoP, current US$ | 2.78 billion BoP, current US$ | 2.87 billion BoP, current US$ | Trinidad and Tobago |
| 2020s | -1.03 billion BoP, current US$ | 1.54 billion BoP, current US$ | 2.57 billion BoP, current US$ | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Nepal or Trinidad and Tobago?
- Nepal, at 1.68 billion BoP, current US$ against 1.25 billion BoP, current US$ in Trinidad and Tobago as of 2024.
- What is the difference in current account balance between Nepal and Trinidad and Tobago?
- 430.72 million BoP, current US$, with Nepal ahead.
- How many years of comparable data are there for Nepal and Trinidad and Tobago?
- 49 years are reported by both, from 1976 to 2024.
- How do Nepal and Trinidad and Tobago rank globally for current account balance?
- Nepal ranks 47th and Trinidad and Tobago ranks 49th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.