Cape Verde vs Iraq: Current account balance
Current account balance over time
- Cape Verde
- Iraq
How they compare
Cape Verde currently reports 3.5% against 3.0% in Iraq, a difference of 0.5%.
That makes Cape Verde's figure about 1.2 times Iraq's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Cape Verde ahead.
Cape Verde ranks 51st and Iraq ranks 54th of 200 countries.
Iraq has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -9.5% | 7.1% | 16.6% | Iraq |
| 2010s | -7.2% | 7.6% | 14.8% | Iraq |
| 2020s | -6.0% | 8.4% | 14.4% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Cape Verde or Iraq?
- Cape Verde, at 3.5% against 3.0% in Iraq as of 2025.
- What is the difference in current account balance between Cape Verde and Iraq?
- 0.5%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Iraq?
- 20 years are reported by both, from 2005 to 2024.
- How do Cape Verde and Iraq rank globally for current account balance?
- Cape Verde ranks 51st and Iraq ranks 54th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.