China vs Nicaragua: Current account balance
Current account balance over time
- China
- Nicaragua
How they compare
Nicaragua currently reports 4.2% against 3.8% in China, a difference of 0.4%.
That makes Nicaragua's figure about 1.1 times China's.
The two have swapped places 3 times across 43 shared years of data; in 1982 it was China ahead.
China ranks 48th and Nicaragua ranks 46th of 200 countries.
Across the 5 decades both report, China averaged higher in 4 and Nicaragua in 1.
Head to head by decade
| Decade | China | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -0.4% | -24.0% | 23.6% | China |
| 1990s | 1.7% | -23.9% | 25.5% | China |
| 2000s | 4.9% | -14.1% | 19.0% | China |
| 2010s | 1.8% | -7.4% | 9.3% | China |
| 2020s | 1.8% | 2.1% | 0.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, China or Nicaragua?
- Nicaragua, at 4.2% against 3.8% in China as of 2024.
- What is the difference in current account balance between China and Nicaragua?
- 0.4%, with Nicaragua ahead.
- How many years of comparable data are there for China and Nicaragua?
- 43 years are reported by both, from 1982 to 2024.
- How do China and Nicaragua rank globally for current account balance?
- China ranks 48th and Nicaragua ranks 46th 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.
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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 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.