Algeria vs Libya: Current account balance
Algeria
10.9%
in 2011
Libya
15.1%
in 2009
Algeria rank
3rd
Libya rank
1st
Current account balance over time
- Algeria
- Libya
How they compare
Libya currently reports 15.1% against 10.9% in Algeria, a difference of 4.2%.
That makes Libya's figure about 1.4 times Algeria's.
Across all 5 years both countries report, Libya has been ahead every year.
Algeria ranks 3rd and Libya ranks 1st of 41 countries.
Libya has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher current account balance, Algeria or Libya?
- Libya, at 15.1% against 10.9% in Algeria as of 2009.
- What is the difference in current account balance between Algeria and Libya?
- 4.2%, with Libya ahead.
- How many years of comparable data are there for Algeria and Libya?
- 5 years are reported by both, from 2005 to 2009.
- How do Algeria and Libya rank globally for current account balance?
- Algeria ranks 3rd and Libya ranks 1st of 41 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Current account balance (% of GNP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.