Naoero vs Sao Tome and Principe: Current account balance
Current account balance over time
- Naoero
- Sao Tome and Principe
How they compare
Naoero currently reports 5.8% against 5.0% in Sao Tome and Principe, a difference of 0.8%.
That makes Naoero's figure about 1.2 times Sao Tome and Principe's.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Naoero ahead.
Naoero ranks 35th and Sao Tome and Principe ranks 38th of 200 countries.
Naoero has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Naoero | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 58.7% | -44.5% | 103.2% | Naoero |
| 2010s | 19.7% | -31.3% | 51.0% | Naoero |
| 2020s | 3.1% | -5.5% | 8.6% | Naoero |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Naoero or Sao Tome and Principe?
- Naoero, at 5.8% against 5.0% in Sao Tome and Principe as of 2024.
- What is the difference in current account balance between Naoero and Sao Tome and Principe?
- 0.8%, with Naoero ahead.
- How many years of comparable data are there for Naoero and Sao Tome and Principe?
- 17 years are reported by both, from 2008 to 2024.
- How do Naoero and Sao Tome and Principe rank globally for current account balance?
- Naoero ranks 35th and Sao Tome and Principe ranks 38th 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.