Iraq vs New Caledonia: Net capital account
Net capital account over time
- Iraq
- New Caledonia
How they compare
Iraq currently reports -11.00 million BoP, current US$ against -12.21 million BoP, current US$ in New Caledonia, a difference of 1.21 million BoP, current US$.
The two have swapped places 2 times across 12 shared years of data; in 2005 it was Iraq ahead.
Globally, Iraq ranks 155th and New Caledonia ranks 156th of 186 countries.
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About this data
Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. 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.