Micronesia, Federated States of vs Switzerland: Current account balance
Current account balance over time
- Micronesia, Federated States of
- Switzerland
How they compare
Micronesia, Federated States of currently reports 7.1% against 7.0% in Switzerland, a difference of 0.1%.
Across all 6 years both countries report, Switzerland has been ahead every year.
Micronesia, Federated States of ranks 28th and Switzerland ranks 29th of 200 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -13.8% | 6.2% | 20.0% | Switzerland |
| 2010s | -4.7% | 9.4% | 14.1% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Micronesia, Federated States of or Switzerland?
- Micronesia, Federated States of, at 7.1% against 7.0% in Switzerland as of 2014.
- What is the difference in current account balance between Micronesia, Federated States of and Switzerland?
- 0.1%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Switzerland?
- 6 years are reported by both, from 2009 to 2014.
- How do Micronesia, Federated States of and Switzerland rank globally for current account balance?
- Micronesia, Federated States of ranks 28th and Switzerland ranks 29th 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.