Macau, China vs Tuvalu: Current account balance
Current account balance over time
- Macau, China
- Tuvalu
How they compare
Tuvalu currently reports 40.0% against 33.7% in Macau, China, a difference of 6.3%.
That makes Tuvalu's figure about 1.2 times Macau, China's.
The two have swapped places 9 times across 22 shared years of data; in 2002 it was Macau, China ahead.
Macau, China ranks 2nd and Tuvalu ranks 1st of 200 countries.
Across the 3 decades both report, Macau, China averaged higher in 2 and Tuvalu in 1.
Head to head by decade
| Decade | Macau, China | Tuvalu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.8% | -17.8% | 42.6% | Macau, China |
| 2010s | 33.5% | -4.8% | 38.3% | Macau, China |
| 2020s | 15.3% | 21.0% | 5.8% | Tuvalu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Macau, China or Tuvalu?
- Tuvalu, at 40.0% against 33.7% in Macau, China as of 2023.
- What is the difference in current account balance between Macau, China and Tuvalu?
- 6.3%, with Tuvalu ahead.
- How many years of comparable data are there for Macau, China and Tuvalu?
- 22 years are reported by both, from 2002 to 2023.
- How do Macau, China and Tuvalu rank globally for current account balance?
- Macau, China ranks 2nd and Tuvalu ranks 1st 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.