Liberia vs Oman: Current account balance
Current account balance over time
- Liberia
- Oman
How they compare
Oman currently reports 2.9% against 2.5% in Liberia, a difference of 0.4%.
That makes Oman's figure about 1.1 times Liberia's.
The two have swapped places 6 times across 30 shared years of data; in 1979 it was Oman ahead.
Liberia ranks 59th and Oman ranks 57th of 200 countries.
Oman has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Liberia | Oman | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0% | 14.7% | 14.7% | Oman |
| 1980s | -0.0% | 5.6% | 5.6% | Oman |
| 2000s | -17.5% | 7.1% | 24.6% | Oman |
| 2010s | -26.7% | -1.5% | 25.2% | Oman |
| 2020s | -6.2% | -2.7% | 3.5% | Oman |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Liberia or Oman?
- Oman, at 2.9% against 2.5% in Liberia as of 2024.
- What is the difference in current account balance between Liberia and Oman?
- 0.4%, with Oman ahead.
- How many years of comparable data are there for Liberia and Oman?
- 30 years are reported by both, from 1979 to 2024.
- How do Liberia and Oman rank globally for current account balance?
- Liberia ranks 59th and Oman ranks 57th 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.