Denmark vs Turks and Caicos Islands: Current account balance
Current account balance over time
- Denmark
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 13.1% against 12.2% in Denmark, a difference of 0.9%.
That makes Turks and Caicos Islands's figure about 1.1 times Denmark's.
The two have swapped places 2 times across 5 shared years of data; in 2014 it was Turks and Caicos Islands ahead.
Denmark ranks 19th and Turks and Caicos Islands ranks 18th of 200 countries.
Turks and Caicos Islands has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher current account balance, Denmark or Turks and Caicos Islands?
- Turks and Caicos Islands, at 13.1% against 12.2% in Denmark as of 2018.
- What is the difference in current account balance between Denmark and Turks and Caicos Islands?
- 0.9%, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Denmark and Turks and Caicos Islands?
- 5 years are reported by both, from 2014 to 2018.
- How do Denmark and Turks and Caicos Islands rank globally for current account balance?
- Denmark ranks 19th and Turks and Caicos Islands ranks 18th 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.