New Zealand vs Venezuela: Current account balance
Current account balance over time
- New Zealand
- Venezuela
How they compare
Venezuela currently reports -3.4% against -3.6% in New Zealand, a difference of 0.2%.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Venezuela ahead.
New Zealand ranks 128th and Venezuela ranks 125th of 200 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Zealand | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -4.4% | 9.6% | 14.0% | Venezuela |
| 2010s | -2.9% | -0.7% | 2.2% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, New Zealand or Venezuela?
- Venezuela, at -3.4% against -3.6% in New Zealand as of 2016.
- What is the difference in current account balance between New Zealand and Venezuela?
- 0.2%, with Venezuela ahead.
- How many years of comparable data are there for New Zealand and Venezuela?
- 17 years are reported by both, from 2000 to 2016.
- How do New Zealand and Venezuela rank globally for current account balance?
- New Zealand ranks 128th and Venezuela ranks 125th 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.