Colombia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Colombia was -6.61 as of 2020. Its highest value over the past 60 years was 6.84 in 1986, while its lowest value was -7.06 in 2015.
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 | 0.94 |
| 1961 | -0.84 |
| 1962 | 0.00 |
| 1963 | -0.37 |
| 1964 | -0.69 |
| 1965 | 2.43 |
| 1966 | -4.37 |
| 1967 | 0.87 |
| 1968 | -1.04 |
| 1969 | -0.47 |
| 1970 | -1.28 |
| 1971 | -4.05 |
| 1972 | 0.46 |
| 1973 | 2.26 |
| 1974 | -1.09 |
| 1975 | 1.81 |
| 1976 | 3.15 |
| 1977 | 3.67 |
| 1978 | 2.83 |
| 1979 | 1.77 |
| 1980 | 0.62 |
| 1981 | -3.57 |
| 1982 | -4.28 |
| 1983 | -2.78 |
| 1984 | -0.58 |
| 1985 | 1.28 |
| 1986 | 6.84 |
| 1987 | 4.03 |
| 1988 | 2.43 |
| 1989 | 4.18 |
| 1990 | 2.95 |
| 1991 | 4.66 |
| 1992 | -0.57 |
| 1993 | -5.81 |
| 1994 | -5.92 |
| 1995 | -6.43 |
| 1996 | -5.65 |
| 1997 | -5.91 |
| 1998 | -5.89 |
| 1999 | 0.54 |
| 2000 | -0.84 |
| 2001 | -3.13 |
| 2002 | -3.35 |
| 2003 | -3.37 |
| 2004 | -2.32 |
| 2005 | -3.48 |
| 2006 | -4.18 |
| 2007 | -4.23 |
| 2008 | -2.95 |
| 2009 | -2.31 |
| 2010 | -1.58 |
| 2011 | -0.92 |
| 2012 | -1.21 |
| 2013 | -1.81 |
| 2014 | -4.22 |
| 2015 | -7.06 |
| 2016 | -6.77 |
| 2017 | -4.99 |
| 2018 | -4.74 |
| 2019 | -5.82 |
| 2020 | -6.61 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts