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

External balance on goods and services (% of GDP) in North Macedonia was -12.786 as of 2020. Its highest value over the past 30 years was 0.944 in 1992, while its lowest value was -30.054 in 1998.

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
1990 -9.551
1991 -2.825
1992 0.944
1993 -7.552
1994 -9.712
1995 -9.276
1996 -15.313
1997 -24.852
1998 -30.054
1999 -26.541
2000 -14.266
2001 -13.080
2002 -18.932
2003 -15.757
2004 -19.462
2005 -16.226
2006 -16.969
2007 -17.860
2008 -25.121
2009 -21.566
2010 -18.302
2011 -18.943
2012 -21.466
2013 -18.064
2014 -17.212
2015 -16.222
2016 -14.858
2017 -13.846
2018 -12.465
2019 -13.760
2020 -12.786

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts