Costa Rica - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Costa Rica was $1,048,283,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,199,875,000 in 2019 and ($2,707,039,000) in 2008.

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). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 ($24,821,250)
1961 ($20,571,790)
1962 ($15,939,610)
1963 ($25,804,120)
1964 ($22,510,940)
1965 ($63,003,770)
1966 ($38,792,450)
1967 ($44,332,080)
1968 ($36,286,790)
1969 ($45,720,760)
1970 ($66,415,100)
1971 ($111,065,800)
1972 ($78,975,130)
1973 ($92,856,710)
1974 ($249,609,100)
1975 ($166,394,400)
1976 ($144,795,800)
1977 ($167,934,700)
1978 ($276,581,100)
1979 ($414,469,100)
1980 ($499,626,600)
1981 ($128,771,800)
1982 $76,087,980
1983 ($23,463,170)
1984 $15,024,910
1985 ($68,700,990)
1986 $37,374,550
1987 ($187,400,000)
1988 ($82,456,790)
1989 ($203,773,900)
1990 ($394,370,800)
1991 ($333,005,000)
1992 ($473,825,500)
1993 ($697,430,400)
1994 ($653,116,000)
1995 ($407,097,100)
1996 ($471,011,600)
1997 ($554,419,500)
1998 ($562,743,000)
1999 ($345,378,600)
2000 ($99,732,420)
2001 $26,262,640
2002 ($325,752,900)
2003 ($342,720,400)
2004 ($156,546,800)
2005 ($459,656,000)
2006 ($723,827,100)
2007 ($1,422,825,000)
2008 ($2,707,039,000)
2009 ($152,101,400)
2010 ($697,914,700)
2011 ($1,579,739,000)
2012 ($1,769,253,000)
2013 ($1,468,936,000)
2014 ($1,282,419,000)
2015 ($430,226,400)
2016 $201,088,700
2017 $274,387,300
2018 $331,875,200
2019 $1,199,875,000
2020 $1,048,283,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Costa Rica was 613,142,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 704,680,000,000 in 2019 and a minimum value of -1,424,540,000,000 in 2008.

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). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -139,900,000
1961 -122,900,000
1962 -106,000,000
1963 -171,600,000
1964 -149,700,000
1965 -417,400,000
1966 -257,000,000
1967 -293,700,000
1968 -240,400,000
1969 -302,900,000
1970 -440,000,000
1971 -735,900,000
1972 -524,000,000
1973 -617,200,000
1974 -1,979,400,000
1975 -1,426,000,000
1976 -1,240,900,000
1977 -1,439,200,000
1978 -2,370,300,000
1979 -3,552,000,000
1980 -4,281,800,000
1981 -2,802,500,000
1982 2,846,200,000
1983 -964,200,000
1984 669,100,000
1985 -3,469,400,000
1986 2,085,500,000
1987 -11,763,100,000
1988 -6,249,400,000
1989 -16,528,100,000
1990 -36,100,700,000
1991 -40,769,800,000
1992 -63,732,520,000
1993 -99,154,860,000
1994 -102,583,000,000
1995 -73,126,850,000
1996 -97,833,830,000
1997 -128,958,000,000
1998 -144,732,000,000
1999 -98,667,770,000
2000 -30,736,530,000
2001 8,636,995,000
2002 -117,212,000,000
2003 -136,629,000,000
2004 -68,556,540,000
2005 -219,660,000,000
2006 -370,057,000,000
2007 -735,053,000,000
2008 -1,424,540,000,000
2009 -87,197,910,000
2010 -366,984,000,000
2011 -798,817,000,000
2012 -889,760,000,000
2013 -734,125,000,000
2014 -690,348,000,000
2015 -229,984,000,000
2016 109,541,000,000
2017 155,718,000,000
2018 191,483,000,000
2019 704,680,000,000
2020 613,142,000,000

External balance on goods and services (constant LCU)

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). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2017 155,718,000,000
2018 389,142,000,000
2019 747,895,000,000
2020 495,959,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Costa Rica was 1.69 as of 2020. Its highest value over the past 60 years was 2.92 in 1982, while its lowest value was -14.98 in 1974.

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 -4.89
1961 -4.20
1962 -3.33
1963 -5.04
1964 -4.15
1965 -10.62
1966 -5.99
1967 -6.34
1968 -4.69
1969 -5.36
1970 -6.74
1971 -10.31
1972 -6.38
1973 -6.07
1974 -14.98
1975 -8.49
1976 -6.00
1977 -5.47
1978 -7.85
1979 -10.27
1980 -10.34
1981 -4.91
1982 2.92
1983 -0.75
1984 0.41
1985 -1.75
1986 0.85
1987 -4.13
1988 -1.79
1989 -3.88
1990 -6.90
1991 -4.63
1992 -5.53
1993 -7.28
1994 -6.23
1995 -3.52
1996 -4.03
1997 -4.40
1998 -4.11
1999 -2.42
2000 -0.66
2001 0.16
2002 -1.96
2003 -1.98
2004 -0.84
2005 -2.29
2006 -3.19
2007 -5.29
2008 -8.79
2009 -0.49
2010 -1.85
2011 -3.69
2012 -3.75
2013 -2.88
2014 -2.47
2015 -0.76
2016 0.34
2017 0.45
2018 0.53
2019 1.87
2020 1.69

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts