Philippines vs Venezuela, Bolivarian Republic of: Current account balance
Current account balance over time
- Philippines
- Venezuela, Bolivarian Republic of
How they compare
Philippines currently reports -3.3% against -3.4% in Venezuela, Bolivarian Republic of, a difference of 0.1%.
The two have swapped places 10 times across 40 shared years of data; in 1977 it was Philippines ahead.
Philippines ranks 123rd and Venezuela, Bolivarian Republic of ranks 125th of 200 countries.
Across the 5 decades both report, Philippines averaged higher in 2 and Venezuela, Bolivarian Republic of in 3.
Head to head by decade
| Decade | Philippines | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -4.1% | -7.5% | 3.4% | Philippines |
| 1980s | -3.1% | 1.6% | 4.7% | Venezuela, Bolivarian Republic of |
| 1990s | -3.0% | 3.2% | 6.2% | Venezuela, Bolivarian Republic of |
| 2000s | 1.4% | 9.6% | 8.1% | Venezuela, Bolivarian Republic of |
| 2010s | 2.6% | -0.7% | 3.3% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Philippines or Venezuela, Bolivarian Republic of?
- Philippines, at -3.3% against -3.4% in Venezuela, Bolivarian Republic of as of 2025.
- What is the difference in current account balance between Philippines and Venezuela, Bolivarian Republic of?
- 0.1%, with Philippines ahead.
- How many years of comparable data are there for Philippines and Venezuela, Bolivarian Republic of?
- 40 years are reported by both, from 1977 to 2016.
- How do Philippines and Venezuela, Bolivarian Republic of rank globally for current account balance?
- Philippines ranks 123rd and Venezuela, Bolivarian Republic of 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.