External balance on goods and services (constant LCU) - Middle East

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.

Description: The map below shows how External balance on goods and services (constant LCU) varies by country in the Middle East. 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 region is Iraq, with a value of 54,696,000,000,000.00. The country with the lowest value in the region is Lebanon, with a value of -11,478,200,000,000.00.

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

See also: Country ranking, Time series comparison

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Base Period: varies by country

Periodicity: Annual