Italy - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Italy was 3.69 as of 2020. Its highest value over the past 50 years was 4.53 in 1996, while its lowest value was -3.75 in 1974.
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 | 0.23 |
| 1971 | 0.76 |
| 1972 | 0.80 |
| 1973 | -1.85 |
| 1974 | -3.75 |
| 1975 | 0.06 |
| 1976 | -1.10 |
| 1977 | 0.95 |
| 1978 | 2.09 |
| 1979 | 1.06 |
| 1980 | -2.60 |
| 1981 | -1.95 |
| 1982 | -1.27 |
| 1983 | 0.48 |
| 1984 | -0.43 |
| 1985 | -0.41 |
| 1986 | 1.24 |
| 1987 | 0.41 |
| 1988 | 0.04 |
| 1989 | -0.02 |
| 1990 | 0.20 |
| 1991 | 0.19 |
| 1992 | 0.04 |
| 1993 | 3.04 |
| 1994 | 3.29 |
| 1995 | 3.66 |
| 1996 | 4.53 |
| 1997 | 3.71 |
| 1998 | 3.03 |
| 1999 | 1.78 |
| 2000 | 0.85 |
| 2001 | 1.26 |
| 2002 | 0.76 |
| 2003 | 0.46 |
| 2004 | 0.59 |
| 2005 | -0.10 |
| 2006 | -0.82 |
| 2007 | -0.34 |
| 2008 | -0.77 |
| 2009 | -0.62 |
| 2010 | -1.86 |
| 2011 | -1.40 |
| 2012 | 1.10 |
| 2013 | 2.40 |
| 2014 | 2.90 |
| 2015 | 3.01 |
| 2016 | 3.29 |
| 2017 | 2.86 |
| 2018 | 2.40 |
| 2019 | 3.31 |
| 2020 | 3.69 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
