High income - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in High income was 0.88 as of 2020. Its highest value over the past 50 years was 1.42 in 2013, while its lowest value was -0.65 in 1984.
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 |
|---|---|
| 1970 | 0.20 |
| 1971 | 0.34 |
| 1972 | 0.31 |
| 1973 | 0.29 |
| 1974 | -0.31 |
| 1975 | 0.47 |
| 1976 | -0.04 |
| 1977 | -0.23 |
| 1978 | 0.02 |
| 1979 | -0.47 |
| 1980 | -0.36 |
| 1981 | 0.18 |
| 1982 | -0.30 |
| 1983 | -0.50 |
| 1984 | -0.65 |
| 1985 | -0.50 |
| 1986 | -0.19 |
| 1987 | -0.32 |
| 1988 | -0.28 |
| 1989 | -0.42 |
| 1990 | -0.30 |
| 1991 | 0.13 |
| 1992 | 0.36 |
| 1993 | 0.73 |
| 1994 | 0.70 |
| 1995 | 0.72 |
| 1996 | 0.62 |
| 1997 | 0.75 |
| 1998 | 0.54 |
| 1999 | 0.11 |
| 2000 | -0.30 |
| 2001 | -0.25 |
| 2002 | -0.11 |
| 2003 | -0.13 |
| 2004 | -0.07 |
| 2005 | -0.29 |
| 2006 | -0.34 |
| 2007 | -0.04 |
| 2008 | -0.15 |
| 2009 | 0.47 |
| 2010 | 0.59 |
| 2011 | 0.79 |
| 2012 | 1.11 |
| 2013 | 1.42 |
| 2014 | 1.29 |
| 2015 | 0.98 |
| 2016 | 1.10 |
| 2017 | 1.24 |
| 2018 | 1.20 |
| 2019 | 0.94 |
| 2020 | 0.88 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
