Somalia, Fed. Rep. - Current Account Balance 2022
-8.59%
−1.54% from 2021
Somalia, Fed. Rep.'s current account balance was -8.59% in 2022, decreased +1.54% from -7.06% in 2021. This was the 47th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | -48.03% | -9.8% |
| 2nd | Kyrgyz Republic | -42.68% | -434.6% |
| 3rd | Lebanon | -34.61% | -50.2% |
| 4th | Mozambique | -33.72% | -58.7% |
| 5th | Bhutan | -27.80% | -149.2% |
| 6th | Curaçao | -26.75% | -44.1% |
| 7th | Dominica | -26.28% | 21.6% |
| 8th | St. Vincent and the Grenadines | -20.19% | 13.1% |
| 9th | Senegal | -19.95% | -65.3% |
| 10th | Cambodia | -18.96% | 35.9% |
| 11th | Afghanistan | -18.53% | -32,992.9% |
| 12th | Malawi | -18.34% | -20.4% |
| 13th | Fiji | -17.39% | -168.1% |
| 14th | Moldova | -17.09% | -37.7% |
| 15th | Maldives | -16.87% | -94.9% |
| 16th | Niger | -16.20% | -15.2% |
| 17th | Antigua and Barbuda | -15.63% | 12.1% |
| 18th | Burundi | -15.24% | -20.5% |
| 19th | Yemen, Republic of | -15.13% | -8.8% |
| 20th | Solomon Islands | -14.90% | -193.0% |
| 21st | Mauritania | -14.90% | -73.8% |
| 22nd | Mongolia | -13.43% | 2.6% |
| 23rd | Montenegro | -13.08% | -41.3% |
| 24th | Central African Republic | -12.61% | -17.0% |
| 25th | Grenada | -12.13% | 15.7% |
| 26th | Vanuatu | -12.08% | -3.2% |
| 27th | Kiribati | -12.04% | -269.8% |
| 28th | Lesotho | -11.42% | -25.9% |
| 29th | St. Kitts and Nevis | -11.38% | -239.4% |
| 30th | Cayman Islands | -11.25% | 14.1% |
| 31st | South Sudan | -11.22% | -10,103.1% |
| 32nd | Mauritius | -11.11% | 15.2% |
| 33rd | Greece | -10.88% | -55.8% |
| 34th | West Bank and Gaza | -10.63% | -8.2% |
| 35th | Barbados | -9.89% | 3.6% |
| 36th | Slovak Republic | -9.61% | -98.9% |
| 37th | Kosovo | -9.42% | -8.4% |
| 38th | Rwanda | -9.37% | 14.1% |
| 39th | Romania | -9.25% | -28.7% |
| 40th | Uganda | -8.92% | -5.9% |
| 41st | Bahamas, The | -8.87% | 56.1% |
| 42nd | Hungary | -8.87% | -116.0% |
| 43rd | Chile | -8.85% | -21.6% |
| 44th | Tunisia | -8.83% | -48.0% |
| 45th | New Zealand | -8.76% | -45.4% |
| 46th | Sudan | -8.60% | -15.3% |
| 47th | Somalia, Fed. Rep. | -8.59% | -21.8% |
| 48th | Tonga | -8.46% | -34.7% |
| 49th | Samoa | -8.32% | 42.8% |
| 50th | Belize | -8.28% | -27.3% |
| 51st | Jordan | -8.11% | -1.0% |
| 52nd | Guinea-Bissau | -7.89% | -862.8% |
| 53rd | Côte d'Ivoire | -7.61% | -92.7% |
| 54th | Burkina Faso | -7.54% | -2,023.2% |
| 55th | Tanzania | -7.24% | -106.0% |
| 56th | Seychelles | -7.02% | 33.1% |
| 57th | Paraguay | -7.01% | -552.2% |
| 58th | Cyprus | -6.98% | -27.2% |
| 59th | Honduras | -6.86% | -25.6% |
| 60th | El Salvador | -6.73% | -56.2% |
| 61st | Serbia | -6.67% | -62.5% |
| 62nd | Mali | -6.55% | 13.9% |
| 63rd | Sierra Leone | -6.35% | 13.0% |
| 64th | North Macedonia | -6.24% | -124.4% |
| 65th | Lithuania | -6.08% | -519.9% |
| 66th | Colombia | -6.03% | -7.1% |
| 67th | Albania | -5.87% | 23.5% |
| 68th | Dominican Republic | -5.77% | -104.3% |
| 69th | Nepal | -5.77% | 25.1% |
| 70th | Benin | -5.69% | -36.9% |
| 71st | Latvia | -5.48% | -34.7% |
| 72nd | Madagascar | -5.41% | -9.8% |
| 73rd | Türkiye | -5.00% | -564.6% |
| 74th | São Tomé and Principe | -4.73% | 63.8% |
| 75th | Czechia | -4.52% | -119.9% |
| 76th | Philippines | -4.52% | -199.5% |
| 77th | Congo, Democratic Republic of | -4.47% | -339.1% |
| 78th | Bosnia and Herzegovina | -4.39% | -148.2% |
| 79th | Kenya | -4.20% | 17.9% |
| 80th | Gambia, The | -4.09% | 2.2% |
| 81st | Peru | -4.05% | -83.0% |
| 82nd | Estonia | -3.91% | -6.9% |
| 83rd | United States | -3.88% | -7.2% |
| 84th | Croatia | -3.68% | -775.4% |
| 85th | Morocco | -3.66% | -56.0% |
| 86th | Sint Maarten (Dutch part) | -3.58% | 84.5% |
| 87th | St. Lucia | -3.56% | 68.4% |
| 88th | Uruguay | -3.52% | -44.8% |
| 89th | Togo | -3.49% | -55.7% |
| 90th | Cabo Verde | -3.48% | 71.3% |
| 91st | Thailand | -3.43% | -61.9% |
| 92nd | Cameroon | -3.39% | 14.8% |
| 93rd | Costa Rica | -3.28% | -3.3% |
| 94th | Pakistan | -3.26% | -302.8% |
| 95th | Uzbekistan | -3.16% | 50.1% |
| 96th | Bangladesh | -3.14% | -185.5% |
| 97th | Eswatini | -2.97% | -211.9% |
| 98th | Lao PDR | -2.97% | -227.3% |
| 99th | Nicaragua | -2.94% | -5.6% |
| 100th | Myanmar | -2.90% | -32.4% |
| 101st | Bulgaria | -2.68% | -149.2% |
| 102nd | Georgia | -2.58% | 75.0% |
| 103rd | Finland | -2.51% | -859.7% |
| 104th | Haiti | -2.43% | -682.5% |
| 105th | India | -2.36% | -93.3% |
| 106th | Ghana | -2.33% | 14.1% |
| 107th | Poland | -2.27% | -75.4% |
| 108th | Egypt, Arab Republic of | -2.21% | 49.3% |
| 109th | Brazil | -2.15% | 11.1% |
| 110th | Portugal | -2.08% | -214.4% |
| 111th | United Kingdom | -2.07% | -373.1% |
| 112th | Sri Lanka | -1.95% | 47.3% |
| 113th | Iceland | -1.87% | 27.6% |
| 114th | Italy | -1.83% | -187.1% |
| 115th | Belgium | -1.82% | -199.4% |
| 116th | France | -1.43% | -617.1% |
| 117th | Mexico | -1.29% | -271.7% |
| 118th | Slovenia | -1.03% | -129.7% |
| 119th | Malta | -0.89% | -109.5% |
| 120th | Austria | -0.83% | -147.6% |
| 121st | Jamaica | -0.73% | -177.6% |
| 122nd | Argentina | -0.63% | -145.9% |
| 123rd | Botswana | -0.60% | 66.3% |
| 124th | Comoros | -0.43% | -34.2% |
| 125th | South Africa | -0.30% | -107.9% |
| 126th | Canada | -0.29% | -1,418.0% |
| 127th | Namibia | -0.01% | 99.9% |
| 128th | Panama | 0.04% | 103.0% |
| 129th | Nigeria | 0.16% | 129.5% |
| 130th | Viet Nam | 0.34% | 115.4% |
| 131st | Australia | 0.37% | -84.4% |
| 132nd | Spain | 0.38% | -50.9% |
| 133rd | Armenia | 0.74% | 121.7% |
| 134th | Zimbabwe | 0.75% | 12.7% |
| 135th | Indonesia | 1.00% | 238.5% |
| 136th | Guatemala | 1.17% | -46.1% |
| 137th | Korea | 1.44% | -67.3% |
| 138th | Liberia | 1.62% | 109.2% |
| 139th | Ecuador | 1.94% | -31.8% |
| 140th | Nauru | 1.95% | -48.6% |
| 141st | Suriname | 2.01% | -64.8% |
| 142nd | Japan | 2.12% | -45.7% |
| 143rd | Bolivia, Plurinational State of | 2.27% | -42.1% |
| 144th | China | 2.42% | 24.8% |
| 145th | Israel | 2.69% | -14.8% |
| 146th | Kazakhstan | 2.85% | 310.0% |
| 147th | Malaysia | 3.12% | -19.6% |
| 148th | Iran, Islamic Republic of | 3.52% | -2.8% |
| 149th | Belarus | 3.56% | 12.6% |
| 150th | Oman | 3.65% | 165.9% |
| 151st | Zambia | 3.75% | -68.5% |
| 152nd | Germany | 3.85% | -44.3% |
| 153rd | Sweden | 4.01% | -35.3% |
| 154th | Tuvalu | 4.59% | -84.6% |
| 155th | Ukraine | 4.92% | 353.4% |
| 156th | Luxembourg | 5.46% | -14.9% |
| 157th | Chad | 6.34% | 1,285.8% |
| 158th | Equatorial Guinea | 6.57% | 15.5% |
| 159th | Netherlands | 6.82% | -33.4% |
| 160th | Aruba | 6.94% | 405.6% |
| 161st | Algeria | 8.62% | 455.1% |
| 162nd | Ireland | 8.83% | -27.5% |
| 163rd | Micronesia, Federated States of | 8.92% | 295.1% |
| 164th | Angola | 8.96% | -9.9% |
| 165th | Switzerland | 9.28% | 21.1% |
| 166th | Turkmenistan | 9.67% | 111.9% |
| 167th | Marshall Islands | 10.05% | -55.7% |
| 168th | Trinidad and Tobago | 10.17% | -6.3% |
| 169th | Hong Kong SAR, China | 10.18% | -13.7% |
| 170th | Russian Federation | 10.37% | 51.8% |
| 171st | Gabon | 10.92% | 215.4% |
| 172nd | Denmark | 11.15% | 30.5% |
| 173rd | Andorra | 11.64% | -22.5% |
| 174th | Saudi Arabia | 11.73% | 184.4% |
| 175th | United Arab Emirates | 13.00% | 14.5% |
| 176th | Macao SAR, China | 13.61% | 55.9% |
| 177th | San Marino | 13.61% | 152.3% |
| 178th | Liechtenstein | 14.33% | -15.7% |
| 179th | Bermuda | 14.41% | 9.2% |
| 180th | Papua New Guinea | 14.43% | 14.7% |
| 181st | Bahrain | 14.72% | 131.0% |
| 182nd | Timor-Leste | 15.22% | -67.5% |
| 183rd | Tajikistan | 15.26% | 85.3% |
| 184th | Guinea | 16.83% | 306.5% |
| 185th | Congo, Republic of | 17.03% | 32.8% |
| 186th | Djibouti | 18.42% | 378.9% |
| 187th | Singapore | 18.42% | -7.0% |
| 188th | Brunei Darussalam | 19.52% | 75.2% |
| 189th | Iraq | 20.19% | 231.6% |
| 190th | Libya | 22.22% | 37.7% |
| 191st | Qatar | 26.78% | 82.9% |
| 192nd | Norway | 28.63% | 92.3% |
| 193rd | Guyana | 28.82% | 216.2% |
| 194th | Azerbaijan | 29.79% | 97.0% |
| 195th | Kuwait | 34.37% | 36.4% |
FAQ
What was Somalia, Fed. Rep.'s current account balance in 2022?▾
Somalia, Fed. Rep.'s current account balance in 2022 was -8.59%. This ranked 47th globally.
How did Somalia, Fed. Rep.'s current account balance change in 2022?▾
Somalia, Fed. Rep.'s current account balance decreased by 21.8% in 2022 compared to 2021.
Which country had the highest current account balance in 2022?▾
Kuwait had the highest current account balance in 2022 at 34.37%.
What is the current account balance of Somalia, Fed. Rep. in 2022?▾
The current account balance of Somalia, Fed. Rep. in 2022 was -8.59%. This ranked 47th globally.
How does 2022 compare to 2021 for Somalia, Fed. Rep.'s current account balance?▾
Somalia, Fed. Rep.'s current account balance went from -7.06% in 2021 to -8.59% in 2022, a 21.8% decrease.
Related
2021
2023
All years
Full ranking 2022
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