External balance on goods and services (current 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 current local currency.

Description: The map below shows how External balance on goods and services (current LCU) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Iran, with a value of 209,578,000,000,000.00. The country with the lowest value in the world is Somalia, with a value of -69,750,600,000,000.00.

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

See also: Country ranking, Time series comparison

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Periodicity: Annual