Iraq vs Malaysia: Current account balance
Current account balance over time
- Iraq
- Malaysia
How they compare
Iraq currently reports 8.37 billion BoP, current US$ against 7.15 billion BoP, current US$ in Malaysia, a difference of 1.22 billion BoP, current US$.
That makes Iraq's figure about 1.2 times Malaysia's.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Malaysia ahead.
Globally, Iraq ranks 27th and Malaysia ranks 29th of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.