Italy vs Macao: Current account balance
Current account balance over time
- Italy
- Macao
How they compare
Italy currently reports 29.26 billion BoP, current US$ against 16.69 billion BoP, current US$ in Macao, a difference of 12.58 billion BoP, current US$.
That makes Italy's figure about 1.8 times Macao's.
The two have swapped places 3 times across 23 shared years of data; in 2002 it was Macao ahead.
Globally, Italy ranks 18th and Macao ranks 19th 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.