Current account balance (World Bank) in Melanesia in 2024 — 11.05%. Since 1979, the indicator has risen by 9.36 pp.
1979–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Melanesia
| Year | % | Change, pp |
|---|---|---|
| 2024 | 11.05 | +5.08 pp |
| 2023 | 5.96 | −2.83 pp |
| 2022 | 8.79 | +0.19 pp |
| 2021 | 8.6 | −0.62 pp |
| 2020 | 9.22 | +0.53 pp |
| 2019 | 8.69 | +0.05 pp |
| 2018 | 8.65 | −1.59 pp |
| 2017 | 10.23 | +5.12 pp |
| 2016 | 5.12 | +2.43 pp |
| 2015 | 2.69 | −0.23 pp |
| 2014 | 2.91 | +18.02 pp |
| 2013 | -15.11 | −3.36 pp |
| 2012 | -11.75 | −6.26 pp |
| 2011 | -5.49 | +2.76 pp |
| 2010 | -8.25 | −1.8 pp |
| 2009 | -6.46 | −1.11 pp |
| 2008 | -5.35 | −2.67 pp |
| 2007 | -2.68 | +0.15 pp |
| 2006 | -2.83 | −4.21 pp |
| 2005 | 1.38 | +0.24 pp |
| 2004 | 1.14 | +1.22 pp |
| 2003 | -0.08 | +2.11 pp |
| 2002 | -2.19 | −5.07 pp |
| 2001 | 2.88 | −2.03 pp |
| 2000 | 4.91 | +2.62 pp |
| 1999 | 2.29 | +2.27 pp |
| 1998 | 0.02 | +2.45 pp |
| 1997 | -2.43 | −6.34 pp |
| 1996 | 3.9 | −3.62 pp |
| 1995 | 7.52 | +2.07 pp |
| 1994 | 5.45 | −1.42 pp |
| 1993 | 6.87 | +6.47 pp |
| 1992 | 0.4 | +5.14 pp |
| 1991 | -4.74 | −0.62 pp |
| 1990 | -4.12 | +2.81 pp |
| 1989 | -6.94 | −1.77 pp |
| 1988 | -5.17 | −1.15 pp |
| 1987 | -4.01 | −1.75 pp |
| 1986 | -2.26 | +1.39 pp |
| 1985 | -3.66 | +3.74 pp |
| 1984 | -7.39 | +3.02 pp |
| 1983 | -10.41 | +4.1 pp |
| 1982 | -14.5 | +2.61 pp |
| 1981 | -17.11 | −9.01 pp |
| 1980 | -8.1 | −9.79 pp |
| 1979 | 1.69 | — |
The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.
Source: World Development Indicators (World Bank), license CC BY 4.0.
What part of its income a country saves rather than consumes.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.
Finance International reservesThe gold and foreign exchange reserves of a country in US dollars.