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. Measured in %.
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 36th of 205 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 | % | 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% |
Samoa compared with similar countries
- Samoa's 5.6% is above the median for upper middle income countries, which is -2.1%. (53 countries reporting)
- Samoa's 5.6% is above the median for East Asia & Pacific, which is 1.1%, 5.1× the median. (30 countries reporting)
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
- 34 Germany 5.8% compare
- 35 Ecuador 5.7% compare
- 37 Republic of Korea 5.3% compare
- 37 South Korea 5.3% compare
- 39 Aruba 5.1% compare
More economy & growth data for Samoa
- Real gdp growth, annual growth rate -12.2 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 18.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0322 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 189.01 units per person (2025)
- SDRs holdings, SDR, annual growth rate 12.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0235 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 138.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 36th out of 205 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.
Download this data
CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).