Iraq vs Libya: Current account balance (credit less debit), Percent of GDP (Balance)
Current account balance (credit less debit), Percent of GDP (Balance) over time
- Iraq
- Libya
How they compare
Iraq currently reports 0.8662 against 0.4258 in Libya, a difference of 0.4404.
That makes Iraq's figure about 2.0 times Libya's.
The two have swapped places 9 times across 27 shared years of data; in 2004 it was Libya ahead.
Iraq ranks 9th and Libya ranks 10th of 32 countries.
Across the 4 decades both report, Iraq averaged higher in 2 and Libya in 2.
Head to head by decade
| Decade | Iraq | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.75 | 34.16 | 31.41 | Libya |
| 2010s | 4.43 | 1.82 | 2.6 | Iraq |
| 2020s | 2.27 | 4.6 | 2.32 | Libya |
| 2030s | 0.8662 | 0.4258 | 0.4403 | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), percent of gdp (balance), Iraq or Libya?
- Iraq, at 0.8662 against 0.4258 in Libya as of 2030.
- What is the difference in current account balance (credit less debit), percent of gdp (balance) between Iraq and Libya?
- 0.4404, with Iraq ahead.
- How many years of comparable data are there for Iraq and Libya?
- 27 years are reported by both, from 2004 to 2030.
- How do Iraq and Libya rank globally for current account balance (credit less debit), percent of gdp (balance)?
- Iraq ranks 9th and Libya ranks 10th of 32 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.