Latin America and the Caribbean (LAC) vs Venezuela: Current account balance (credit less debit), Percent of GDP
Current account balance (credit less debit), Percent of GDP over time
- Latin America and the Caribbean (LAC)
- Venezuela
How they compare
Venezuela currently reports 4.78 against -1.12 in Latin America and the Caribbean (LAC), a difference of 5.9.
That makes Venezuela's figure about 4.3 times Latin America and the Caribbean (LAC)'s.
The two have swapped places 10 times across 48 shared years of data; in 1980 it was Venezuela ahead.
Latin America and the Caribbean (LAC) ranks 1st and Venezuela ranks 3rd of 1 groups.
Venezuela has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean (LAC) | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -1.63 | 1.92 | 3.56 | Venezuela |
| 1990s | -2.65 | 3.32 | 5.97 | Venezuela |
| 2000s | -0.2695 | 9.63 | 9.9 | Venezuela |
| 2010s | -2.53 | 1.73 | 4.26 | Venezuela |
| 2020s | -1.2 | 3.03 | 4.23 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), percent of gdp, Latin America and the Caribbean (LAC) or Venezuela?
- Venezuela, at 4.78 against -1.12 in Latin America and the Caribbean (LAC) as of 2027.
- What is the difference in current account balance (credit less debit), percent of gdp between Latin America and the Caribbean (LAC) and Venezuela?
- 5.9, with Venezuela ahead.
- How many years of comparable data are there for Latin America and the Caribbean (LAC) and Venezuela?
- 48 years are reported by both, from 1980 to 2027.
- How do Latin America and the Caribbean (LAC) and Venezuela rank globally for current account balance (credit less debit), percent of gdp?
- Latin America and the Caribbean (LAC) ranks 1st and Venezuela ranks 3rd of 1 groups.
- 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.
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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.