Somalia, Fed. Rep. - Current Account Balance 2020
-4.68%
+4.99% from 2019
Somalia, Fed. Rep.'s current account balance was -4.68% in 2020, increased +4.99% from -9.67% in 2019. This was the 66th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -43.43% | -42.7% |
| 2nd | Maldives | -35.75% | -37.1% |
| 3rd | Dominica | -35.24% | 7.6% |
| 4th | South Sudan | -35.05% | -630.8% |
| 5th | Curaçao | -27.18% | -52.1% |
| 6th | Montenegro | -26.19% | -81.5% |
| 7th | Mozambique | -24.99% | -54.9% |
| 8th | Sint Maarten (Dutch part) | -23.49% | -100.4% |
| 9th | Bahamas, The | -22.04% | -941.3% |
| 10th | Sudan | -21.61% | -42.3% |
| 11th | St. Lucia | -18.94% | -669.6% |
| 12th | Oman | -16.55% | -236.5% |
| 13th | Cayman Islands | -16.35% | -50.2% |
| 14th | Grenada | -16.11% | -55.9% |
| 15th | St. Vincent and the Grenadines | -15.89% | -564.8% |
| 16th | Afghanistan | -15.72% | -234.3% |
| 17th | Yemen, Republic of | -15.71% | -276.1% |
| 18th | Cabo Verde | -15.68% | -7,902.7% |
| 19th | Antigua and Barbuda | -15.57% | -139.3% |
| 20th | Bhutan | -15.51% | 19.2% |
| 21st | Fiji | -14.53% | -23.3% |
| 22nd | Malawi | -13.92% | -10.4% |
| 23rd | Niger | -13.21% | -8.5% |
| 24th | Aruba | -12.80% | -6,734.5% |
| 25th | São Tomé and Principe | -12.65% | 1.0% |
| 26th | Seychelles | -12.53% | -340.1% |
| 27th | Georgia | -12.42% | -107.3% |
| 28th | West Bank and Gaza | -12.25% | -18.0% |
| 29th | Rwanda | -12.06% | -1.4% |
| 30th | Guyana | -11.61% | 83.1% |
| 31st | Algeria | -11.03% | -26.1% |
| 32nd | Senegal | -10.85% | -37.1% |
| 33rd | St. Kitts and Nevis | -10.84% | -126.5% |
| 34th | Burundi | -10.73% | 7.3% |
| 35th | Libya | -10.20% | -252.3% |
| 36th | Botswana | -9.81% | -41.8% |
| 37th | Cyprus | -9.71% | -76.0% |
| 38th | Uganda | -9.57% | -37.8% |
| 39th | Bahrain | -9.05% | -361.2% |
| 40th | Lebanon | -8.76% | 59.7% |
| 41st | Samoa | -8.72% | -407.0% |
| 42nd | Mauritius | -8.67% | -74.2% |
| 43rd | Liberia | -8.66% | 55.9% |
| 44th | Albania | -8.63% | -15.3% |
| 45th | Central African Republic | -7.91% | -73.7% |
| 46th | Moldova | -7.69% | 18.4% |
| 47th | Kosovo | -7.01% | -23.9% |
| 48th | Mauritania | -6.97% | 33.8% |
| 49th | Ireland | -6.72% | 67.6% |
| 50th | Tonga | -6.63% | -73.4% |
| 51st | Trinidad and Tobago | -6.49% | -249.4% |
| 52nd | Greece | -6.49% | -193.4% |
| 53rd | Kazakhstan | -6.46% | -67.0% |
| 54th | Vanuatu | -6.36% | -223.1% |
| 55th | Belize | -6.25% | 19.4% |
| 56th | Tunisia | -6.01% | 25.6% |
| 57th | Lesotho | -5.89% | 7.0% |
| 58th | Sierra Leone | -5.84% | 25.1% |
| 59th | Micronesia, Federated States of | -5.80% | -136.0% |
| 60th | Jordan | -5.73% | -230.0% |
| 61st | Romania | -5.14% | -6.0% |
| 62nd | Mongolia | -5.07% | 66.7% |
| 63rd | Barbados | -4.99% | -211.9% |
| 64th | Madagascar | -4.78% | -108.8% |
| 65th | Gambia, The | -4.78% | 22.3% |
| 66th | Somalia, Fed. Rep. | -4.68% | 51.6% |
| 67th | Uzbekistan | -4.56% | 9.0% |
| 68th | Saudi Arabia | -4.52% | -204.4% |
| 69th | Türkiye | -4.22% | -318.0% |
| 70th | Armenia | -4.00% | 43.4% |
| 71st | Serbia | -3.90% | 40.7% |
| 72nd | Cameroon | -3.71% | 13.2% |
| 73rd | Egypt, Arab Republic of | -3.71% | -8.2% |
| 74th | Iraq | -3.49% | -156.7% |
| 75th | Colombia | -3.43% | 25.2% |
| 76th | Kenya | -3.27% | -46.0% |
| 77th | Côte d'Ivoire | -3.13% | -40.2% |
| 78th | Ghana | -3.05% | -36.6% |
| 79th | United Kingdom | -2.93% | -9.0% |
| 80th | North Macedonia | -2.92% | 1.9% |
| 81st | Bosnia and Herzegovina | -2.84% | -9.3% |
| 82nd | United States | -2.82% | -37.3% |
| 83rd | Estonia | -2.73% | -235.8% |
| 84th | Nigeria | -2.67% | -30.4% |
| 85th | Chad | -2.51% | 16.6% |
| 86th | Guinea-Bissau | -2.27% | 73.4% |
| 87th | Congo, Democratic Republic of | -2.25% | 29.2% |
| 88th | Tanzania | -2.21% | 3.1% |
| 89th | Qatar | -2.07% | -185.6% |
| 90th | Canada | -2.01% | -2.9% |
| 91st | France | -2.00% | -435.5% |
| 92nd | Chile | -1.95% | 62.6% |
| 93rd | Mali | -1.83% | 75.4% |
| 94th | Comoros | -1.81% | 47.6% |
| 95th | Benin | -1.75% | 55.4% |
| 96th | Iran, Islamic Republic of | -1.74% | -166.1% |
| 97th | Dominican Republic | -1.69% | -27.1% |
| 98th | Brazil | -1.64% | 52.7% |
| 99th | Solomon Islands | -1.63% | 82.8% |
| 100th | Lao PDR | -1.60% | 77.2% |
| 101st | Sri Lanka | -1.41% | 32.0% |
| 102nd | Turkmenistan | -1.35% | -139.3% |
| 103rd | Morocco | -1.13% | 67.0% |
| 104th | New Zealand | -1.08% | 62.1% |
| 105th | Jamaica | -1.05% | 41.2% |
| 106th | Costa Rica | -1.05% | 12.2% |
| 107th | Hungary | -1.03% | -61.6% |
| 108th | Cambodia | -1.00% | 87.8% |
| 109th | Equatorial Guinea | -0.84% | 88.9% |
| 110th | Croatia | -0.79% | -132.4% |
| 111th | Azerbaijan | -0.74% | -108.2% |
| 112th | Uruguay | -0.64% | -149.7% |
| 113th | Portugal | -0.63% | -180.7% |
| 114th | Gabon | -0.50% | -110.8% |
| 115th | Slovak Republic | -0.44% | 87.6% |
| 116th | Indonesia | -0.42% | 84.5% |
| 117th | Myanmar | -0.39% | 84.3% |
| 118th | Belarus | -0.29% | 85.0% |
| 119th | Togo | -0.28% | 65.1% |
| 120th | Nepal | -0.25% | 96.4% |
| 121st | Pakistan | -0.22% | 94.8% |
| 122nd | Bolivia, Plurinational State of | -0.04% | 98.9% |
| 123rd | Panama | 0.22% | 104.2% |
| 124th | Bangladesh | 0.32% | 125.0% |
| 125th | Haiti | 0.36% | 131.2% |
| 126th | Bulgaria | 0.36% | -78.1% |
| 127th | Switzerland | 0.45% | -89.1% |
| 128th | Finland | 0.53% | 484.0% |
| 129th | Argentina | 0.70% | 189.2% |
| 130th | Peru | 0.78% | 211.5% |
| 131st | Spain | 0.82% | -61.5% |
| 132nd | Belgium | 0.90% | 629.0% |
| 133rd | El Salvador | 1.11% | 363.1% |
| 134th | Norway | 1.15% | -69.8% |
| 135th | India | 1.22% | 241.3% |
| 136th | Angola | 1.48% | -72.7% |
| 137th | China | 1.66% | 135.0% |
| 138th | Czechia | 1.79% | 437.7% |
| 139th | Australia | 1.87% | 7,880.9% |
| 140th | Iceland | 1.90% | -74.3% |
| 141st | Paraguay | 1.91% | 440.7% |
| 142nd | South Africa | 2.00% | 176.9% |
| 143rd | Ecuador | 2.09% | 510.0% |
| 144th | Zimbabwe | 2.12% | -8.3% |
| 145th | Russian Federation | 2.37% | -38.8% |
| 146th | Mexico | 2.40% | 907.0% |
| 147th | Poland | 2.40% | 969.0% |
| 148th | Nauru | 2.59% | -43.6% |
| 149th | San Marino | 2.79% | 37.1% |
| 150th | Honduras | 2.85% | 208.7% |
| 151st | Japan | 2.97% | -13.9% |
| 152nd | Latvia | 3.09% | 1,898.1% |
| 153rd | Philippines | 3.20% | 495.6% |
| 154th | Austria | 3.35% | 41.1% |
| 155th | Ukraine | 3.36% | 223.0% |
| 156th | Israel | 3.74% | 32.9% |
| 157th | Nicaragua | 3.77% | -36.4% |
| 158th | Namibia | 3.91% | 321.7% |
| 159th | Italy | 3.94% | 24.7% |
| 160th | Thailand | 4.14% | -41.1% |
| 161st | Malaysia | 4.19% | 19.8% |
| 162nd | Burkina Faso | 4.19% | 228.8% |
| 163rd | Brunei Darussalam | 4.28% | -35.5% |
| 164th | Viet Nam | 4.34% | 15.6% |
| 165th | Tajikistan | 4.35% | 294.9% |
| 166th | Korea | 4.35% | 27.7% |
| 167th | Kyrgyz Republic | 4.53% | 139.5% |
| 168th | Luxembourg | 4.88% | -42.8% |
| 169th | Guatemala | 5.04% | 113.5% |
| 170th | Sweden | 5.61% | 8.1% |
| 171st | Netherlands | 5.72% | -15.8% |
| 172nd | United Arab Emirates | 5.91% | -31.3% |
| 173rd | Germany | 6.35% | -19.4% |
| 174th | Eswatini | 6.55% | 73.0% |
| 175th | Hong Kong SAR, China | 6.99% | 18.8% |
| 176th | Lithuania | 7.22% | 92.4% |
| 177th | Denmark | 7.31% | -1.8% |
| 178th | Slovenia | 7.67% | 19.0% |
| 179th | Suriname | 8.92% | 179.4% |
| 180th | Djibouti | 11.65% | -36.2% |
| 181st | Zambia | 11.79% | 2,371.9% |
| 182nd | Bermuda | 12.40% | 9.7% |
| 183rd | Congo, Republic of | 12.56% | 7.6% |
| 184th | Macao SAR, China | 13.80% | -58.9% |
| 185th | Papua New Guinea | 14.34% | -0.3% |
| 186th | Andorra | 15.53% | -13.8% |
| 187th | Malta | 16.10% | -10.1% |
| 188th | Tuvalu | 16.35% | 198.8% |
| 189th | Singapore | 17.50% | 13.8% |
| 190th | Liechtenstein | 17.67% | 10.1% |
| 191st | Guinea | 19.06% | 222.9% |
| 192nd | Kuwait | 19.84% | 56.5% |
| 193rd | Timor-Leste | 22.54% | 3.0% |
| 194th | Kiribati | 32.27% | -19.3% |
| 195th | Marshall Islands | 37.34% | 219.8% |
FAQ
What was Somalia, Fed. Rep.'s current account balance in 2020?▾
Somalia, Fed. Rep.'s current account balance in 2020 was -4.68%. This ranked 66th globally.
How did Somalia, Fed. Rep.'s current account balance change in 2020?▾
Somalia, Fed. Rep.'s current account balance increased by 51.6% in 2020 compared to 2019.
Which country had the highest current account balance in 2020?▾
Marshall Islands had the highest current account balance in 2020 at 37.34%.
What is the current account balance of Somalia, Fed. Rep. in 2020?▾
The current account balance of Somalia, Fed. Rep. in 2020 was -4.68%. This ranked 66th globally.
How does 2020 compare to 2019 for Somalia, Fed. Rep.'s current account balance?▾
Somalia, Fed. Rep.'s current account balance went from -9.67% in 2019 to -4.68% in 2020, a 51.6% increase.
Related
2019
2021
All years
Full ranking 2020
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 2015
Lowest: 2019
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
Highest ever
Lowest ever
Average
vs Congo, Democratic Republic of
vs Niger
vs Sudan
vs Mozambique
Organisation of Islamic Cooperation Current Account Balance
African Union Current Account Balance
Global Ranking