Current account balance as a proportion of GDP in Samoa
Samoa: Current account balance as a proportion of GDP was 5.6% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Samoa, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, current account balance as a proportion of gdp in Samoa stood at 5.6%. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 45.2% on the previous year and up 195.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Samoa peaked at 5.6% in 2024 and was at its lowest, -15.3%, in 2006.
Samoa ranks 31st of 177 countries on this measure, 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 Samoa, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | -6.4% | — |
| 2005 | -10.0% | +55.4% |
| 2006 | -15.3% | +53.9% |
| 2007 | -8.0% | -48.0% |
| 2008 | -8.5% | +6.0% |
| 2009 | -1.8% | -78.9% |
| 2010 | -9.0% | +407.2% |
| 2011 | -10.9% | +20.7% |
| 2012 | -1.0% | -90.9% |
| 2013 | -5.6% | +462.6% |
| 2014 | -5.8% | +4.0% |
| 2015 | -1.5% | -73.6% |
| 2016 | -4.6% | +195.3% |
| 2017 | -1.1% | -76.5% |
| 2018 | 2.7% | -351.3% |
| 2019 | 3.7% | +38.8% |
| 2020 | -8.7% | -333.5% |
| 2021 | -13.3% | +52.7% |
| 2022 | -8.3% | -37.5% |
| 2023 | 3.8% | -146.2% |
| 2024 | 5.6% | +45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.3% | -15.3% | -1.8% | 6 |
| 2010s | -3.3% | -10.9% | 3.7% | 10 |
| 2020s | -4.2% | -13.3% | 5.6% | 5 |
Countries ranked near Samoa
More economy & growth data for Samoa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6345 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 13.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7209 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 4,234 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 14.99 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 2.01 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 11,785 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.81 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6366 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Samoa?
- Current account balance as a proportion of gdp in Samoa was 5.6% 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 Samoa?
- The highest recorded value was 5.6% in 2024.
- What is the lowest current account balance as a proportion of gdp recorded in Samoa?
- The lowest recorded value was -15.3% in 2006.
- How does Samoa rank for current account balance as a proportion of gdp?
- Samoa ranks 31st out of 177 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Samoa?
- Over the last ten years it is up 195.7%. The long-run trend across the full record is volatile.
- Where does this Samoa 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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