Somalia, Fed. Rep. - Current Account Balance 2014

Current account balance as % of GDP · World Bank
-2.30% +4.04% from 2013 Global rank: 105th

Somalia, Fed. Rep.'s current account balance was -2.30% in 2014, increased +4.04% from -6.34% in 2013. This was the 105th highest globally.

Global Ranking - 2014
Current Account Balance by Country - 2014
RankCountryValueYoY
1st São Tomé and Principe -35.46% -116.8%
2nd Libya -33.18% -255,292.6%
3rd Mozambique -32.25% 19.3%
4th Lebanon -26.23% -2.8%
5th St. Vincent and the Grenadines -25.21% -1.9%
6th Bhutan -23.47% 0.1%
7th Seychelles -22.37% -87.3%
8th Mauritania -22.35% -29.8%
9th Liberia -19.92% -126.1%
10th Palau -19.70% -9.5%
11th Kyrgyz Republic -17.42% -25.8%
12th Bahamas, The -16.92% -16.9%
13th Curaçao -16.53% 34.4%
14th Burundi -15.85% 23.1%
15th Mongolia -15.82% 57.9%
16th Afghanistan -15.77% -1,192.3%
17th Lao PDR -14.49% -85.0%
18th West Bank and Gaza -13.59% 8.0%
19th Panama -12.98% -50.3%
20th Malawi -12.82% -97.3%
21st Montenegro -12.46% -8.3%
22nd Central African Republic -12.32% -319.6%
23rd New Caledonia -12.23% 31.2%
24th Niger -12.03% -6.7%
25th Zimbabwe -11.97% -20.9%
26th Barbados -11.49% -56.7%
27th Rwanda -11.34% -51.6%
28th Guinea -11.18% 10.6%
29th Albania -10.72% -15.9%
30th Tanzania -9.98% 6.8%
31st Georgia -9.93% -82.1%
32nd Turkmenistan -9.44% 12.7%
33rd Kenya -9.34% -19.0%
34th Guyana -9.33% 6.1%
35th Grenada -9.08% 46.8%
36th Tunisia -8.88% 3.2%
37th Lesotho -8.42% 9.1%
38th Cabo Verde -8.27% -86.3%
39th Sint Maarten (Dutch part) -8.14% -2,027.5%
40th Nicaragua -8.03% 36.1%
41st Jamaica -8.02% 13.8%
42nd Suriname -7.94% -123.3%
43rd Armenia -7.77% -6.5%
44th Bosnia and Herzegovina -7.35% -38.1%
45th Togo -7.17% 17.7%
46th Burkina Faso -7.16% 28.4%
47th Sudan -7.16% 34.9%
48th Kosovo -7.09% -98.0%
49th Jordan -7.08% 30.4%
50th Honduras -6.95% 27.1%
51st Gambia, The -6.88% -2.1%
52nd Senegal -6.80% 17.7%
53rd Ghana -6.76% 25.6%
54th Benin -6.67% -24.0%
55th Uganda -6.64% -22.6%
56th Belarus -6.63% 33.8%
57th Cambodia -6.55% 7.5%
58th Belize -6.35% -78.1%
59th Tonga -6.27% 34.7%
60th Dominica -6.21% 37.3%
61st Sierra Leone -6.15% 43.8%
62nd Moldova -6.04% -17.1%
63rd Samoa -5.83% -301.1%
64th Fiji -5.78% 34.6%
65th South Sudan -5.66% -45.5%
66th Morocco -5.54% 18.6%
67th El Salvador -5.37% 22.2%
68th Serbia -5.36% 2.6%
69th Mauritius -5.22% 14.6%
70th Colombia -5.20% -60.6%
71st United Kingdom -4.98% -7.2%
72nd Haiti -4.96% -31.7%
73rd South Africa -4.81% 9.6%
74th Costa Rica -4.72% 1.2%
75th Aruba -4.66% 61.0%
76th Brazil -4.50% -25.8%
77th Congo, Democratic Republic of -4.49% 49.6%
78th Peru -4.37% 9.2%
79th Equatorial Guinea -4.25% -77.3%
80th Cyprus -4.08% -169.2%
81st Mali -3.96% -37.2%
82nd Algeria -3.88% -1,168.1%
83rd Cameroon -3.85% -15.2%
84th Myanmar -3.79% -216.4%
85th Comoros -3.78% 6.5%
86th Solomon Islands -3.71% -77.9%
87th Tajikistan -3.47% 66.6%
88th Chile -3.46% 27.6%
89th Yemen, Republic of -3.44% -12.1%
90th Ukraine -3.44% 61.8%
91st Türkiye -3.41% 33.5%
92nd Guatemala -3.30% 21.9%
93rd Dominican Republic -3.24% 21.0%
94th Maldives -3.19% 25.9%
95th New Zealand -3.09% 2.5%
96th Indonesia -3.09% 3.2%
97th Australia -3.08% 9.1%
98th Uruguay -2.99% 6.8%
99th Poland -2.97% -50.7%
100th Marshall Islands -2.62% 70.8%
101st Angola -2.44% -145.0%
102nd St. Lucia -2.43% 62.8%
103rd Sri Lanka -2.41% 27.1%
104th Canada -2.32% 26.2%
105th Somalia, Fed. Rep. -2.30% 63.8%
106th United States -2.11% -4.8%
107th Chad -1.96% 45.5%
108th Egypt, Arab Republic of -1.95% 7.6%
109th Mexico -1.82% 23.9%
110th Argentina -1.74% 18.8%
111th Greece -1.60% 38.8%
112th Latvia -1.54% 46.7%
113th Zambia -1.43% -83.2%
114th Finland -1.40% 25.5%
115th Pakistan -1.35% -39.7%
116th India -1.34% 22.9%
117th Kazakhstan -1.29% -167.3%
118th France -0.96% -58.1%
119th Paraguay -0.79% -190.9%
120th Ecuador -0.65% 32.6%
121st Madagascar -0.65% 90.0%
122nd North Macedonia -0.48% 70.7%
123rd Tuvalu -0.48% -116.9%
124th Romania -0.34% 69.5%
125th Antigua and Barbuda -0.04% 99.6%
126th Namibia -0.01% 99.9%
127th Nigeria 0.16% -93.9%
128th Czechia 0.22% 141.6%
129th Portugal 0.32% -79.4%
130th Croatia 0.39% 137.5%
131st Bangladesh 0.44% -67.1%
132nd Estonia 0.52% 470.3%
133rd Vanuatu 0.55% 115.7%
134th Guinea-Bissau 0.56% 112.8%
135th St. Kitts and Nevis 0.70% 124.4%
136th Japan 0.74% -15.8%
137th Hungary 0.75% -75.8%
138th Belgium 0.75% -21.0%
139th Côte d'Ivoire 1.05% 206.9%
140th Hong Kong SAR, China 1.39% -8.4%
141st Italy 1.71% 66.0%
142nd Bolivia, Plurinational State of 1.72% -49.7%
143rd Spain 1.74% -16.6%
144th Slovak Republic 1.78% -39.5%
145th Ireland 2.08% -13.4%
146th Nepal 2.18% -23.8%
147th Bulgaria 2.19% 72.1%
148th China 2.21% 46.0%
149th Austria 2.31% 32.4%
150th Iran, Islamic Republic of 2.55% -49.7%
151st Uzbekistan 2.57% 42.8%
152nd Russian Federation 2.79% 91.2%
153rd Thailand 2.86% 236.0%
154th Sweden 3.45% -26.7%
155th Israel 3.46% 46.7%
156th Lithuania 3.55% 109.5%
157th Philippines 3.62% -9.8%
158th Congo, Republic of 3.79% -64.8%
159th Viet Nam 4.01% 10.1%
160th French Polynesia 4.30% 31.2%
161st Bahrain 4.38% -38.5%
162nd Malaysia 4.39% 27.8%
163rd Oman 4.63% -21.3%
164th Luxembourg 4.93% 25.2%
165th Iceland 4.95% -27.4%
166th Slovenia 5.33% 51.1%
167th Korea 5.34% -0.9%
168th Gabon 6.11% -26.5%
169th Liechtenstein 6.72% -
170th Iraq 6.94% 1.2%
171st Micronesia, Federated States of 7.14% 171.0%
172nd Germany 7.19% 7.2%
173rd Switzerland 7.46% -27.6%
174th Denmark 8.34% 13.2%
175th Malta 8.34% 233.0%
176th Netherlands 8.55% 7.7%
177th Saudi Arabia 9.86% -46.9%
178th Norway 10.95% -2.4%
179th Botswana 11.08% 144.4%
180th Turks and Caicos Islands 11.27% -
181st Eswatini 11.95% 7.1%
182nd Papua New Guinea 12.14% 150.8%
183rd Bermuda 12.75% -2.0%
184th United Arab Emirates 12.82% -28.3%
185th Azerbaijan 13.57% -18.3%
186th Trinidad and Tobago 14.10% -27.7%
187th Eritrea 17.69% 676.5%
188th Singapore 17.95% 14.3%
189th Djibouti 23.89% 177.7%
190th Qatar 23.96% -21.2%
191st Nauru 26.25% -49.1%
192nd Kiribati 27.98% 658.9%
193rd Brunei Darussalam 30.71% 47.1%
194th Macao SAR, China 32.69% -16.9%
195th Kuwait 33.18% -17.7%
196th Timor-Leste 76.42% -55.4%

FAQ

What was Somalia, Fed. Rep.'s current account balance in 2014?

Somalia, Fed. Rep.'s current account balance in 2014 was -2.30%. This ranked 105th globally.

How did Somalia, Fed. Rep.'s current account balance change in 2014?

Somalia, Fed. Rep.'s current account balance increased by 63.8% in 2014 compared to 2013.

Which country had the highest current account balance in 2014?

Timor-Leste had the highest current account balance in 2014 at 76.42%.

What is the current account balance of Somalia, Fed. Rep. in 2014?

The current account balance of Somalia, Fed. Rep. in 2014 was -2.30%. This ranked 105th globally.

How does 2014 compare to 2013 for Somalia, Fed. Rep.'s current account balance?

Somalia, Fed. Rep.'s current account balance went from -6.34% in 2013 to -2.30% in 2014, a 63.8% increase.