Libya vs Nepal: Current account balance
Current account balance over time
- Libya
- Nepal
How they compare
Libya currently reports 4.2% against 3.9% in Nepal, a difference of 0.3%.
That makes Libya's figure about 1.1 times Nepal's.
The two have swapped places 10 times across 47 shared years of data; in 1977 it was Libya ahead.
Libya ranks 45th and Nepal ranks 47th of 200 countries.
Libya has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Libya | Nepal | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 8.4% | -0.8% | 9.2% | Libya |
| 1980s | -1.5% | -4.4% | 2.8% | Libya |
| 1990s | 2.8% | -6.2% | 9.0% | Libya |
| 2000s | 22.3% | 1.2% | 21.1% | Libya |
| 2010s | 2.1% | 0.3% | 1.8% | Libya |
| 2020s | 8.1% | -4.5% | 12.6% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Libya or Nepal?
- Libya, at 4.2% against 3.9% in Nepal as of 2023.
- What is the difference in current account balance between Libya and Nepal?
- 0.3%, with Libya ahead.
- How many years of comparable data are there for Libya and Nepal?
- 47 years are reported by both, from 1977 to 2023.
- How do Libya and Nepal rank globally for current account balance?
- Libya ranks 45th and Nepal ranks 47th 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.