Micronesia, Federated States of - Current Account Balance 2008

Current account balance as % of GDP · World Bank
-19.07% −8.23% from 2007 Global rank: 19th

Micronesia, Federated States of's current account balance was -19.07% in 2008, decreased +8.23% from -10.85% in 2007. This was the 19th highest globally.

Global Ranking - 2008
Current Account Balance by Country - 2008
RankCountryValueYoY
1st São Tomé and Principe -49.73% -158.6%
2nd Montenegro -49.70% -23.9%
3rd St. Vincent and the Grenadines -31.39% -46.9%
4th Maldives -26.93% -89.5%
5th Seychelles -26.84% -149.2%
6th Grenada -26.31% 10.2%
7th Dominica -24.52% -18.8%
8th St. Lucia -24.24% -31.3%
9th Vanuatu -23.97% -262.8%
10th Iceland -22.95% -67.1%
11th Djibouti -22.56% 12.4%
12th Georgia -21.97% -15.3%
13th Bulgaria -21.80% 8.8%
14th Antigua and Barbuda -21.64% 24.7%
15th Liberia -20.53% -1,208.3%
16th Tajikistan -20.51% 36.2%
17th Jamaica -20.37% -32.6%
18th Serbia -19.43% -26.0%
19th Micronesia, Federated States of -19.07% -75.8%
20th Tonga -18.21% -45.7%
21st St. Kitts and Nevis -17.19% -23.7%
22nd Nicaragua -17.07% -5.0%
23rd Palau -17.02% 20.0%
24th Moldova -16.11% -5.7%
25th Burundi -16.09% 50.4%
26th New Caledonia -15.65% -369.4%
27th Madagascar -15.64% -58.2%
28th Honduras -15.34% -69.9%
29th Albania -15.18% -43.5%
30th Fiji -14.94% -55.8%
31st Greece -14.61% -3.4%
32nd Cyprus -14.44% -35.6%
33rd Armenia -14.22% -93.3%
34th Lebanon -14.09% -118.6%
35th Kyrgyz Republic -13.88% -173.3%
36th Bosnia and Herzegovina -13.83% -50.7%
37th Lithuania -13.59% 11.4%
38th Latvia -13.13% 39.8%
39th Kosovo -13.08% -
40th North Macedonia -12.47% -80.1%
41st Mongolia -12.28% -402.9%
42nd Portugal -11.86% -23.3%
43rd Romania -11.66% 14.0%
44th Tuvalu -11.63% 28.1%
45th Bahamas, The -11.61% -29.2%
46th Ghana -11.60% -96.6%
47th Senegal -11.22% -17.5%
48th Croatia -10.93% -37.6%
49th Viet Nam -10.92% -53.7%
50th Guyana -10.62% -79.8%
51st Cabo Verde -10.47% 11.8%
52nd Solomon Islands -10.25% 20.5%
53rd Burkina Faso -10.23% -39.1%
54th Central African Republic -9.71% -61.2%
55th Mauritius -9.63% -88.1%
56th Sri Lanka -9.54% -160.7%
57th Dominican Republic -9.40% -91.2%
58th Mauritania -9.33% 0.5%
59th Mali -9.32% -67.4%
60th Tanzania -9.22% -9.9%
61st Jordan -9.07% 43.4%
62nd Barbados -9.02% -110.2%
63rd Niger -8.96% -45.7%
64th Malawi -8.95% -53.3%
65th Panama -8.89% -66.4%
66th Mozambique -8.88% -22.1%
67th Estonia -8.86% 40.4%
68th Spain -8.82% 5.7%
69th Bhutan -8.54% -209.0%
70th El Salvador -8.52% -19.1%
71st Uganda -8.48% -163.7%
72nd Samoa -8.46% 37.1%
73rd Costa Rica -8.38% -50.3%
74th Belize -8.33% -173.0%
75th Belarus -8.16% -26.8%
76th Pakistan -7.74% -110.5%
77th New Zealand -7.69% -12.2%
78th Eritrea -7.64% 3.2%
79th Comoros -7.53% -160.1%
80th Hungary -7.27% 1.4%
81st Eswatini -7.15% -267.4%
82nd Ukraine -6.79% -84.6%
83rd Poland -6.75% -0.9%
84th Cambodia -6.74% -378.0%
85th Guinea -6.29% 13.8%
86th Slovak Republic -6.22% -29.6%
87th French Polynesia -6.04% -247.5%
88th Uruguay -5.56% -499.8%
89th Ireland -5.56% 14.7%
90th Sudan -5.54% 8.4%
91st Kenya -5.52% -91.6%
92nd Benin -5.50% 16.0%
93rd Sierra Leone -5.42% -16.8%
94th Slovenia -5.31% -27.8%
95th South Africa -5.19% -7.0%
96th Türkiye -5.08% 5.5%
97th Australia -4.87% 27.8%
98th Togo -4.87% 15.3%
99th United States -4.72% 7.3%
100th Rwanda -4.68% -123.0%
101st Yemen, Republic of -4.65% 33.3%
102nd Morocco -4.45% -7,438.0%
103rd Peru -4.41% -396.4%
104th Chile -4.19% -182.9%
105th Guatemala -4.03% 20.9%
106th United Kingdom -3.87% -3.7%
107th Tunisia -3.81% -23.9%
108th Marshall Islands -3.76% -265.0%
109th Kiribati -3.57% -96.8%
110th Zambia -3.33% -169.0%
111th Guinea-Bissau -3.02% 25.8%
112th Italy -2.69% -97.3%
113th Colombia -2.68% 10.2%
114th India -2.58% -99.8%
115th Afghanistan -2.36% -103.7%
116th Brazil -2.10% -965.7%
117th Haiti -1.96% -117.9%
118th Czechia -1.86% 59.4%
119th Cameroon -1.63% -236.3%
120th Mexico -1.41% -66.5%
121st Zimbabwe -1.40% -153.8%
122nd Faroe Islands -1.23% 64.3%
123rd France -0.96% -843.4%
124th Egypt, Arab Republic of -0.87% -152.5%
125th Malta -0.84% 78.2%
126th Belgium -0.83% -155.6%
127th Congo, Democratic Republic of -0.66% -123.5%
128th Gambia, The -0.40% 92.2%
129th Namibia -0.11% -101.2%
130th Aruba 0.00% -100.0%
131st Indonesia 0.02% -98.3%
132nd Philippines 0.08% -98.5%
133rd Korea 0.16% -81.3%
134th Canada 0.20% -75.1%
135th Thailand 0.32% -94.6%
136th Paraguay 0.36% -91.8%
137th Israel 0.43% -81.1%
138th Syrian Arab Republic 0.90% 483.7%
139th Kazakhstan 0.96% 121.2%
140th Bangladesh 1.01% 0.8%
141st Côte d'Ivoire 1.33% 369.3%
142nd Botswana 1.39% -91.1%
143rd Lao PDR 1.42% 113.7%
144th Argentina 1.50% -28.6%
145th Switzerland 1.74% -80.3%
146th Finland 2.47% -38.8%
147th Japan 2.78% -39.9%
148th Ecuador 2.89% -23.5%
149th Denmark 2.93% 127.0%
150th Chad 3.23% -49.2%
151st Myanmar 3.91% 42.4%
152nd Netherlands 4.07% -23.5%
153rd Austria 4.50% 17.5%
154th Iran, Islamic Republic of 4.58% -39.5%
155th West Bank and Gaza 5.21% 172.3%
156th Germany 5.58% -16.4%
157th Nepal 5.85% 5,096.1%
158th Luxembourg 6.22% -5.0%
159th Russian Federation 6.26% 20.8%
160th Papua New Guinea 6.81% 175.8%
161st United Arab Emirates 7.06% -7.5%
162nd Oman 7.23% 41.8%
163rd Angola 7.28% -49.7%
164th Congo, Republic of 7.46% 131.1%
165th Equatorial Guinea 7.85% -52.9%
166th Sweden 7.93% -1.7%
167th Nigeria 8.59% 16.5%
168th Bahrain 8.78% -31.6%
169th China 9.01% -7.8%
170th Suriname 9.22% -10.7%
171st Uzbekistan 10.78% 66.7%
172nd Bolivia, Plurinational State of 11.95% -0.7%
173rd Bermuda 12.99% -27.7%
174th Hong Kong SAR, China 14.99% 15.1%
175th Singapore 15.08% -44.4%
176th Macao SAR, China 15.56% -28.2%
177th Norway 15.68% 24.8%
178th Lesotho 15.71% -4.2%
179th Malaysia 16.86% 15.0%
180th Turkmenistan 17.76% 6.4%
181st Algeria 18.82% -12.4%
182nd Iraq 21.61% 6,512.1%
183rd Qatar 23.61% 56.6%
184th Gabon 24.59% 11.5%
185th Saudi Arabia 27.83% 16.4%
186th Trinidad and Tobago 30.49% 29.5%
187th Azerbaijan 33.68% 23.4%
188th Kuwait 40.87% 13.4%
189th Libya 41.17% -5.8%
190th Brunei Darussalam 43.57% 22.5%
191st Nauru 49.54% -
192nd Timor-Leste 311.75% 45.0%

FAQ

What was Micronesia, Federated States of's current account balance in 2008?

Micronesia, Federated States of's current account balance in 2008 was -19.07%. This ranked 19th globally.

How did Micronesia, Federated States of's current account balance change in 2008?

Micronesia, Federated States of's current account balance decreased by 75.8% in 2008 compared to 2007.

Which country had the highest current account balance in 2008?

Timor-Leste had the highest current account balance in 2008 at 311.75%.

What is the current account balance of Micronesia, Federated States of in 2008?

The current account balance of Micronesia, Federated States of in 2008 was -19.07%. This ranked 19th globally.

How does 2008 compare to 2007 for Micronesia, Federated States of's current account balance?

Micronesia, Federated States of's current account balance went from -10.85% in 2007 to -19.07% in 2008, a 75.8% decrease.