Ecuador vs Venezuela: Current account balance (credit less debit), Percent of GDP
Current account balance (credit less debit), Percent of GDP over time
- Ecuador
- Venezuela
How they compare
Venezuela currently reports 4.78 against 3.08 in Ecuador, a difference of 1.7.
That makes Venezuela's figure about 1.6 times Ecuador's.
The two have swapped places 14 times across 48 shared years of data; in 1980 it was Venezuela ahead.
Ecuador ranks 6th and Venezuela ranks 3rd of 35 countries.
Across the 5 decades both report, Ecuador averaged higher in 1 and Venezuela in 4.
Head to head by decade
| Decade | Ecuador | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -4.53 | 1.92 | 6.46 | Venezuela |
| 1990s | -2.85 | 3.32 | 6.17 | Venezuela |
| 2000s | 0.903 | 9.63 | 8.73 | Venezuela |
| 2010s | -0.8411 | 1.73 | 2.57 | Venezuela |
| 2020s | 3.77 | 3.03 | 0.7447 | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), percent of gdp, Ecuador or Venezuela?
- Venezuela, at 4.78 against 3.08 in Ecuador as of 2027.
- What is the difference in current account balance (credit less debit), percent of gdp between Ecuador and Venezuela?
- 1.7, with Venezuela ahead.
- How many years of comparable data are there for Ecuador and Venezuela?
- 48 years are reported by both, from 1980 to 2027.
- How do Ecuador and Venezuela rank globally for current account balance (credit less debit), percent of gdp?
- Ecuador ranks 6th and Venezuela ranks 3rd of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.