Eritrea - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Eritrea was -11.08 as of 2011. Its highest value over the past 19 years was -11.08 in 2011, while its lowest value was -77.19 in 1999.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1992 -33.53
1993 -40.95
1994 -54.84
1995 -60.55
1996 -58.15
1997 -56.19
1998 -65.26
1999 -77.19
2000 -48.54
2001 -50.45
2002 -53.03
2003 -61.12
2004 -54.02
2005 -48.77
2006 -31.46
2007 -23.02
2008 -21.70
2009 -18.91
2010 -24.71
2011 -11.08

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts