Low income - External balance on goods and services
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Low income was -11.77 as of 2020. Its highest value over the past 12 years was -3.90 in 2008, while its lowest value was -16.58 in 2013.
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 |
|---|---|
| 2008 | -3.90 |
| 2009 | -7.14 |
| 2010 | -5.60 |
| 2011 | -8.88 |
| 2012 | -14.58 |
| 2013 | -16.58 |
| 2014 | -14.09 |
| 2015 | -14.88 |
| 2016 | -16.27 |
| 2017 | -13.73 |
| 2018 | -14.45 |
| 2019 | -13.92 |
| 2020 | -11.77 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
