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Country or Region: Svalbard and Jan Mayen Islands › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Svalbard and Jan Mayen Islands indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency:
Currency Symbol:

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) for Svalbard and Jan Mayen Islands in year 2010 is -4.797 %

This makes Svalbard and Jan Mayen Islands No. 105 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Svalbard and Jan Mayen Islands is 2.12 less than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Svalbard and Jan Mayen Islands was -2.84 % Current Account Balance (% GDP) for Svalbard and Jan Mayen Islands in 2010 was or will be 69.21% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Svalbard and Jan Mayen Islands was or will be -7.81 %, which is 62.75% more than the 2010 figure.