Current account balance (credit less debit), Net (credits less debits) in Naoero
Naoero: Current account balance (credit less debit), Net (credits less debits) was 9.73 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Naoero, 2008–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Naoero is 9.73 million, measured in 2024.
The figure is up 406.1% on the previous year and down 62.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Naoero peaked at 45.86 million in 2013 and was at its lowest, -16.70 million, in 2015.
Naoero ranks 83rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Naoero, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 18.63 million | — |
| 2009 | 29.94 million | +60.7% |
| 2010 | 23.68 million | -20.9% |
| 2011 | 19.76 million | -16.6% |
| 2012 | 34.86 million | +76.4% |
| 2013 | 45.86 million | +31.5% |
| 2014 | 26.03 million | -43.2% |
| 2015 | -16.70 million | -164.2% |
| 2016 | 2.08 million | -112.5% |
| 2017 | 14.11 million | +578.6% |
| 2018 | 9.60 million | -32.0% |
| 2019 | 5.59 million | -41.8% |
| 2020 | 3.23 million | -42.2% |
| 2021 | 6.60 million | +104.1% |
| 2022 | 2.97 million | -55.0% |
| 2023 | 1.92 million | -35.2% |
| 2024 | 9.73 million | +406.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.29 million | 18.63 million | 29.94 million | 2 |
| 2010s | 16.49 million | -16.70 million | 45.86 million | 10 |
| 2020s | 4.89 million | 1.92 million | 9.73 million | 5 |
Countries ranked near Naoero
- 80 Sao Tome and Principe 41.50 million compare
- 81 Micronesia (country) 22.41 million compare
- 82 Tuvalu 20.21 million compare
- 84 Suriname 9.31 million compare
- 85 Montserrat -1.59 million compare
- 86 Namibia -1.89 million compare
More financial sector data for Naoero
- Net migration, annual growth rate -0.8264 % change on previous year (2025)
- Net migration -122 (2025)
- Official exchange rate 1.55 LCU per US$, period average (2025)
- GDP deflator: linked series 208.82 base year varies by country (2025)
- Inflation, GDP deflator: linked series 4.0% (2025)
- GDP deflator: linked series (base year varies by country), annual 4.02 % change on previous year (2025)
- Reserve assets 52.23 million US dollar (2024)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 416.02 million US dollar (2024)
- Reserve tranche position, SDR 680,931 (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Naoero?
- Current account balance (credit less debit), net (credits less debits) in Naoero was 9.73 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Naoero?
- The highest recorded value was 45.86 million in 2013.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Naoero?
- The lowest recorded value was -16.70 million in 2015.
- How does Naoero rank for current account balance (credit less debit), net (credits less debits)?
- Naoero ranks 83rd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Naoero?
- Over the last ten years it is down 62.6%. The long-run trend across the full record is volatile.
- Where does this Naoero data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.