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

External balance on goods and services (% of GDP) in Belarus was 3.12 as of 2020. Its highest value over the past 30 years was 4.47 in 2012, while its lowest value was -15.74 in 1993.

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 2.31
1991 0.00
1992 2.17
1993 -15.74
1994 -12.84
1995 -4.39
1996 -4.08
1997 -5.80
1998 -4.86
1999 -2.43
2000 -3.19
2001 -3.55
2002 -3.75
2003 -3.83
2004 -6.36
2005 0.71
2006 -4.17
2007 -6.27
2008 -7.72
2009 -10.88
2010 -13.17
2011 -1.04
2012 4.47
2013 -3.15
2014 -0.77
2015 0.11
2016 -0.19
2017 0.21
2018 1.52
2019 -0.66
2020 3.12

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts