Grenada – Current Account Balance 1998

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank
-18.28% −0.66% from 1997 G20 rank: 12th

Grenada's current account balance was -18.28% in 1998, decreased +0.66% from -17.62% in 1997. This was the 12th highest in the G20.

G20 Ranking – 1998
Current Account Balance by Country – 1998
RankCountryValueYoY
1st Eritrea -39.27% -5,531.3%
2nd Azerbaijan -30.69% -32.8%
3rd Angola -28.70% -148.4%
4th West Bank and Gaza -25.53% 38.0%
5th St. Vincent and the Grenadines -24.70% -6.6%
6th Kyrgyz Republic -22.11% -182.2%
7th Armenia -21.98% -7.3%
8th Lesotho -21.89% 4.5%
9th Oman -19.72% -2,044.1%
10th Moldova -19.70% -38.3%
11th Kenya -18.68% -36.8%
12th Grenada -18.28% -3.8%
13th Seychelles -16.42% -48.8%
14th Zambia -16.12% -281.2%
15th Nicaragua -14.81% 22.7%
16th Bahamas, The -14.57% -95.4%
17th São Tomé and Principe -14.50% -111.6%
18th Gabon -13.28% -233.2%
19th Congo, Republic of -12.34% -83.9%
20th St. Kitts and Nevis -12.08% 25.1%
21st Lithuania -11.50% -19.2%
22nd Cabo Verde -11.21% -85.1%
23rd Bahrain -11.06% -2,469.6%
24th Trinidad and Tobago -10.65% 0.4%
25th Latvia -9.31% -71.4%
26th Panama -9.10% -80.7%
27th Saudi Arabia -8.95% -4,967.4%
28th Sudan -8.50% -19.9%
29th Estonia -8.43% 22.6%
30th Bosnia and Herzegovina -8.38%
31st Bolivia, Plurinational State of -7.84% -12.2%
32nd Guyana -7.75% 8.0%
33rd Myanmar -7.65% 12.3%
34th Georgia -7.63% 47.9%
35th Hungary -7.63% -69.0%
36th Ecuador -7.50% -362.4%
37th North Macedonia -7.44% -5.6%
38th Dominica -7.15% 48.7%
39th Slovak Republic -7.09% -0.7%
40th Iceland -7.01% -213.5%
41st Romania -7.00% -18.3%
42nd Ghana -6.97% -19.1%
43rd St. Lucia -6.86% 29.8%
44th Portugal -6.76% -19.3%
45th Mongolia -6.72% -216.8%
46th Belarus -6.68% -9.8%
47th Madagascar -6.57% -38.8%
48th Belize -6.44% -76.1%
49th Togo -6.25% -13.2%
50th Peru -6.01% -3.8%
51st Lao PDR -5.98% 49.3%
52nd Antigua and Barbuda -5.92% 8.2%
53rd Eswatini -5.92% -3,607.5%
54th Malta -5.81% 3.0%
55th Tanzania -5.79% -48.0%
56th Niger -5.76% 0.7%
57th Cambodia -5.56% 8.7%
58th Kazakhstan -5.53% -53.5%
59th Uganda -5.52% -9.7%
60th Burundi -5.44% -963.7%
61st Benin -5.40% 20.5%
62nd Guatemala -5.36% -50.4%
63rd Mali -5.35% -2.3%
64th Croatia -5.29% 48.8%
65th Sierra Leone -4.94% 23.4%
66th Colombia -4.93% 8.5%
67th Argentina -4.84% -16.9%
68th Chile -4.78% -12.0%
69th Australia -4.44% -62.7%
70th Brazil -4.05% -11.4%
71st Maldives -4.05% 40.7%
72nd Viet Nam -3.95% 30.7%
73rd Poland -3.94% -9.6%
74th Costa Rica -3.81% 0.2%
75th Senegal -3.80% -24.3%
76th Jamaica -3.80% 3.9%
77th Barbados -3.77% -17.5%
78th Fiji -3.62% -121.8%
79th Pakistan -3.61% -31.8%
80th Tunisia -3.10% -8.0%
81st Ukraine -3.09% -16.2%
82nd Egypt, Arab Republic of -3.02% -233.9%
83rd Guinea -2.95% -78.8%
84th Mexico -2.87% -95.9%
85th Albania -2.50% 78.9%
86th Honduras -2.40% 51.0%
87th United States -2.37% -44.6%
88th Czechia -1.95% 66.4%
89th Iran, Islamic Republic of -1.94% -199.8%
90th Uruguay -1.87% -56.2%
91st Israel -1.67% 53.0%
92nd India -1.64% -129.8%
93rd Dominican Republic -1.56% -91.8%
94th Sri Lanka -1.44% 44.8%
95th South Africa -1.44% -9.1%
96th Canada -1.42% -3.5%
97th Nepal -1.38% 82.5%
98th Cameroon -1.33% 75.3%
99th Spain -1.17% -733.1%
100th Denmark -1.14% -313.5%
101st Aruba -1.13% 91.2%
102nd El Salvador -0.83% 13.3%
103rd Libya -0.77% -115.0%
104th Nigeria -0.55% -760.9%
105th Slovenia -0.54% -319.9%
106th Germany -0.47% -33.4%
107th Bulgaria -0.41% -110.9%
108th United Kingdom -0.32% -255.2%
109th Morocco -0.31% -38.8%
110th Malawi -0.17% 97.6%
111th Bangladesh -0.07% 88.1%
112th Norway 0.00% -99.9%
113th Russian Federation 0.03% 112.7%
114th Mauritius 0.08% 103.7%
115th Jordan 0.18% -56.0%
116th Syrian Arab Republic 0.38% -88.0%
117th Türkiye 0.72% 172.5%
118th Haiti 0.77% 154.0%
119th Papua New Guinea 1.25% 162.2%
120th Paraguay 1.42% 125.9%
121st Italy 1.58% -39.1%
122nd Hong Kong SAR, China 1.70%
123rd Solomon Islands 1.77% 124.6%
124th Philippines 2.08% 144.9%
125th Vanuatu 2.20% 131.0%
126th France 2.52% -3.4%
127th Japan 2.80% 31.7%
128th Cyprus 2.84% 164.9%
129th Netherlands 2.97% -50.5%
130th China 3.03% -20.6%
131st Sweden 3.52% 27.7%
132nd Botswana 3.54% -75.3%
133rd Mauritania 3.80% 64.7%
134th Namibia 4.18% 92.1%
135th Indonesia 4.29% 289.4%
136th Finland 5.48% 4.8%
137th Samoa 7.46% 133.2%
138th Switzerland 8.30% -3.3%
139th Djibouti 8.53% -19.5%
140th Kuwait 8.54% -67.3%
141st Korea 10.10% 650.2%
142nd Thailand 12.53% 722.8%
143rd Malaysia 13.20% 322.5%
144th Faroe Islands 20.27%
145th Singapore 21.79% 40.0%