Current Account
Oceania Ranking
balance as percent of GDPSource: IMF
Definition of Current Account
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Kiribati | 32.27 | 2021 | 1 | 39.18 |
| 2 | Papua New Guinea | 22.03 | 2021 | 2 | 20.22 |
| 3 ↑ | Australia | 3.54 | 2021 | 5 | 2.6 |
| 4 ↓ | Micronesia | 0.48 | 2021 | 3 | 7.92 |
| 5 ↑ | Tonga | 0.07 | 2021 | 10 | -3.83 |
| 6 ↓ | Tuvalu | -1.8 | 2021 | 4 | 3.8 |
| 7 ↑ | New Zealand | -5.8 | 2021 | 8 | -0.8 |
| 8 ↑ | Solomon Islands | -5.98 | 2021 | 9 | -1.66 |
| 9 ↓ | Vanuatu | -7 | 2021 | 6 | 1.94 |
| 10 ↓ | Samoa | -10.56 | 2021 | 7 | -0.04 |
| 11 | Fiji | -12.9 | 2020 | 11 | -12.5 |
| 12 | Palau | -55.92 | 2021 | 12 | -48.23 |
Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
