IDA total - External balance on goods and services

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in IDA total was -7.88 as of 2020. Its highest value over the past 45 years was 1.31 in 2000, while its lowest value was -8.89 in 2018.

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
1975 -7.31
1976 -7.46
1977 -5.02
1978 -8.08
1979 -5.93
1980 -5.34
1981 -7.06
1982 -6.24
1983 -5.80
1984 -4.94
1985 -5.06
1986 -5.37
1987 -5.38
1988 -5.02
1989 -2.53
1990 -2.75
1991 -3.13
1992 -4.31
1993 -5.71
1994 -5.43
1995 -3.96
1996 -4.78
1997 -3.95
1998 -4.54
1999 -2.96
2000 1.31
2001 -1.26
2002 -0.70
2003 -2.14
2004 -0.77
2005 -1.66
2006 0.54
2007 -3.87
2008 -2.70
2009 -5.20
2010 -2.92
2011 -3.10
2012 -2.46
2013 -6.09
2014 -5.03
2015 -7.46
2016 -7.85
2017 -7.48
2018 -8.89
2019 -8.37
2020 -7.88

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts