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

External balance on goods and services (% of GDP) in Ireland was 22.27 as of 2020. Its highest value over the past 50 years was 28.80 in 2015, while its lowest value was -16.28 in 1979.

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
1970 -8.24
1971 -7.56
1972 -5.76
1973 -7.20
1974 -14.46
1975 -6.60
1976 -8.42
1977 -9.57
1978 -10.31
1979 -16.28
1980 -13.58
1981 -14.22
1982 -7.90
1983 -3.83
1984 -1.69
1985 0.31
1986 1.07
1987 4.14
1988 5.97
1989 5.39
1990 4.38
1991 4.72
1992 7.27
1993 10.13
1994 9.43
1995 10.94
1996 10.95
1997 11.98
1998 10.88
1999 13.05
2000 13.82
2001 15.61
2002 17.18
2003 15.15
2004 14.36
2005 10.88
2006 8.05
2007 8.28
2008 8.63
2009 13.52
2010 16.65
2011 18.73
2012 17.44
2013 18.83
2014 18.05
2015 28.80
2016 15.68
2017 22.10
2018 28.56
2019 3.52
2020 22.27

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts