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

External balance on goods and services (% of GDP) in Argentina was 3.04 as of 2020. Its highest value over the past 60 years was 15.01 in 2002, while its lowest value was -4.69 in 1962.

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
1960 0.00
1961 0.00
1962 -4.69
1963 0.00
1964 0.00
1965 2.08
1966 1.66
1967 2.50
1968 1.08
1969 0.00
1970 0.87
1971 -0.60
1972 0.36
1973 1.90
1974 0.61
1975 -0.15
1976 3.25
1977 2.29
1978 2.89
1979 0.18
1980 -1.42
1981 -0.45
1982 2.57
1983 3.32
1984 2.83
1985 5.46
1986 1.84
1987 0.30
1988 3.32
1989 6.48
1990 5.73
1991 1.60
1992 -1.53
1993 -2.40
1994 -3.07
1995 -0.41
1996 -0.65
1997 -2.21
1998 -2.52
1999 -1.73
2000 -0.65
2001 1.31
2002 15.01
2003 11.22
2004 7.00
2005 5.94
2006 5.62
2007 4.38
2008 3.72
2009 5.06
2010 2.90
2011 1.69
2012 1.95
2013 -0.10
2014 0.40
2015 -1.07
2016 -1.04
2017 -2.65
2018 -1.89
2019 3.18
2020 3.04

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts