Current account balance — all countries

Current account balance — Micronesia (subregion)

Current account balance in Micronesia (subregion) in 2031 — -6.5%. Since 2008, the indicator has risen by 3.09 pp.

2031 -6.5% −0.94 pp vs 2030
World rank
Period maximum 11.69%2018
Period minimum -10.5%2009

Trend over time

2008–2031 · % of GDP

Current account balance — Micronesia (subregion), 2008–2031-20-10010202008201120142017202020232026202920312008: -9.59%2009: -10.5%2010: -8.68%2011: -9%2012: -4.65%2013: -4.35%2014: 6.71%2015: 6.42%2016: 4.58%2017: 8.38%2018: 11.69%2019: 1.55%2020: 3.59%2021: 2.64%2022: -4.01%2023: -2.97%2024: -3.32%2025: -4.72%2026: -6.39%2027: -5.42%2028: -5.21%2029: -5.09%2030: -5.56%2031: -6.5%
Change over the period: +3.09 pp Annual average: 0.13 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Micronesia (subregion)

Micronesia (subregion) -6.5%
World computed 0.28%
Current account balance — Micronesia (subregion), by year Micronesia (subregion) All countries CSV XLSX
Year % Change, pp
2031 -6.5 −0.94 pp
2030 -5.56 −0.47 pp
2029 -5.09 +0.12 pp
2028 -5.21 +0.21 pp
2027 -5.42 +0.97 pp
2026 -6.39 −1.67 pp
2025 -4.72 −1.4 pp
2024 -3.32 −0.35 pp
2023 -2.97 +1.03 pp
2022 -4.01 −6.64 pp
2021 2.64 −0.95 pp
2020 3.59 +2.04 pp
2019 1.55 −10.15 pp
2018 11.69 +3.31 pp
2017 8.38 +3.8 pp
2016 4.58 −1.84 pp
2015 6.42 −0.29 pp
2014 6.71 +11.05 pp
2013 -4.35 +0.3 pp
2012 -4.65 +4.35 pp
2011 -9 −0.31 pp
2010 -8.68 +1.81 pp
2009 -10.5 −0.91 pp
2008 -9.59

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.