Lao People's Democratic Republic vs Spain: Current account balance
Current account balance over time
- Lao People's Democratic Republic
- Spain
How they compare
Lao People's Democratic Republic currently reports 3.2% against 2.9% in Spain, a difference of 0.3%.
That makes Lao People's Democratic Republic's figure about 1.1 times Spain's.
The two have swapped places 9 times across 41 shared years of data; in 1984 it was Spain ahead.
Lao People's Democratic Republic ranks 52nd and Spain ranks 55th of 200 countries.
Across the 5 decades both report, Lao People's Democratic Republic averaged higher in 1 and Spain in 4.
Head to head by decade
| Decade | Lao People's Democratic Republic | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -9.2% | 0.1% | 9.2% | Spain |
| 1990s | -6.6% | -1.8% | 4.8% | Spain |
| 2000s | -1.3% | -6.0% | 4.6% | Lao People's Democratic Republic |
| 2010s | -8.0% | 1.0% | 8.9% | Spain |
| 2020s | 0.7% | 1.6% | 0.9% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Lao People's Democratic Republic or Spain?
- Lao People's Democratic Republic, at 3.2% against 2.9% in Spain as of 2024.
- What is the difference in current account balance between Lao People's Democratic Republic and Spain?
- 0.3%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Spain?
- 41 years are reported by both, from 1984 to 2024.
- How do Lao People's Democratic Republic and Spain rank globally for current account balance?
- Lao People's Democratic Republic ranks 52nd and Spain ranks 55th 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.