Current account balance as a proportion of GDP in Naoero
Naoero: Current account balance as a proportion of GDP was 6.0% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Naoero, 2008–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Naoero is 6.0%, measured in 2024.
That represents a change of up 371.4% on the previous year and down 77.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Naoero peaked at 67.8% in 2009 and was at its lowest, -19.7%, in 2015.
That places Naoero 29th out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Naoero, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 49.5% | — |
| 2009 | 67.8% | +36.8% |
| 2010 | 49.8% | -26.6% |
| 2011 | 30.4% | -39.0% |
| 2012 | 34.5% | +13.6% |
| 2013 | 48.6% | +40.8% |
| 2014 | 26.3% | -46.0% |
| 2015 | -19.7% | -175.0% |
| 2016 | 2.1% | -110.8% |
| 2017 | 12.9% | +505.3% |
| 2018 | 7.3% | -43.2% |
| 2019 | 4.5% | -39.0% |
| 2020 | 2.6% | -42.0% |
| 2021 | 3.8% | +45.1% |
| 2022 | 1.9% | -48.3% |
| 2023 | 1.3% | -34.8% |
| 2024 | 6.0% | +371.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.7% | 49.5% | 67.8% | 2 |
| 2010s | 19.7% | -19.7% | 49.8% | 10 |
| 2020s | 3.1% | 1.3% | 6.0% | 5 |
Countries ranked near Naoero
More economy & growth data for Naoero
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.827 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2806 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate -5.08 % change on previous year (2025)
- GNI (current LCU), annual growth rate -1.4 % change on previous year (2025)
- GNI (current US$), per capita 20,829 current US$ per person (2025)
- GNI (current US$), per unit of GDP 1.42 current US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate -2.66 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 20,690 current US$ per person (2025)
- GDP (constant LCU), per capita 10,832 constant LCU per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Naoero?
- Current account balance as a proportion of gdp in Naoero was 6.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Naoero?
- The highest recorded value was 67.8% in 2009.
- What is the lowest current account balance as a proportion of gdp recorded in Naoero?
- The lowest recorded value was -19.7% in 2015.
- How does Naoero rank for current account balance as a proportion of gdp?
- Naoero ranks 29th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Naoero?
- Over the last ten years it is down 77.2%. The long-run trend across the full record is volatile.
- Where does this Naoero data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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