Micronesia (country) vs Nauru: Current account balance

Micronesia (country)
22.41 million BoP, current US$
in 2014
Nauru
9.73 million BoP, current US$
in 2024
Micronesia (country) rank
74th
Nauru rank
76th

Current account balance over time

  • Micronesia (country)
  • Nauru
-40.0M-20.0M020.0M40.0M200820162024

How they compare

Micronesia (country) currently reports 22.41 million BoP, current US$ against 9.73 million BoP, current US$ in Nauru, a difference of 12.68 million BoP, current US$.

That makes Micronesia (country)'s figure about 2.3 times Nauru's.

Across all 6 years both countries report, Nauru has been ahead every year.

Globally, Micronesia (country) ranks 74th and Nauru ranks 76th of 199 countries.

Individual pages

About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

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.