Italy - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Italy was 35,038,600,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 58,394,600,000 in 2013 and a minimum value of -21,182,620,000 in 1992.

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
1970 -9,707,268,000
1971 -6,492,260,000
1972 -8,385,700,000
1973 -12,543,760,000
1974 -8,975,124,000
1975 8,758,104,000
1976 8,244,856,000
1977 19,131,320,000
1978 26,684,490,000
1979 23,792,720,000
1980 3,316,165,000
1981 14,256,690,000
1982 12,330,250,000
1983 22,333,930,000
1984 17,160,540,000
1985 16,708,360,000
1986 11,235,550,000
1987 -1,513,819,000
1988 -3,037,758,000
1989 -3,341,013,000
1990 -11,285,390,000
1991 -20,129,890,000
1992 -21,182,620,000
1993 28,869,420,000
1994 35,257,240,000
1995 47,178,300,000
1996 55,005,300,000
1997 43,450,100,000
1998 25,891,200,000
1999 8,013,000,000
2000 12,662,100,000
2001 13,511,200,000
2002 249,800,000
2003 -7,594,700,000
2004 -2,027,800,000
2005 -2,999,800,000
2006 -1,774,300,000
2007 1,479,100,000
2008 5,513,900,000
2009 -16,990,000,000
2010 -20,601,300,000
2011 -37,500,000
2012 45,535,300,000
2013 58,394,600,000
2014 56,562,400,000
2015 49,888,900,000
2016 41,707,100,000
2017 40,965,900,000
2018 35,526,400,000
2019 47,368,500,000
2020 35,038,600,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts