Mexico - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Mexico was $23,106,100,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $23,106,100,000 in 2020 and ($26,351,580,000) in 2008.

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 U.S. dollars.

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

See also:

Year Value
1960 ($411,824,000)
1961 ($311,912,000)
1962 ($234,024,000)
1963 ($277,032,000)
1964 ($445,848,000)
1965 ($412,432,000)
1966 ($375,216,000)
1967 ($568,840,000)
1968 ($679,896,000)
1969 ($560,120,000)
1970 ($675,968,000)
1971 ($422,920,000)
1972 ($347,920,000)
1973 ($581,984,000)
1974 ($1,557,920,000)
1975 ($2,398,560,000)
1976 ($1,226,253,000)
1977 $79,274,340
1978 ($583,017,500)
1979 ($1,697,886,000)
1980 ($4,409,218,000)
1981 ($6,319,551,000)
1982 $8,713,032,000
1983 $14,263,530,000
1984 $13,749,350,000
1985 $9,373,160,000
1986 $5,056,578,000
1987 $8,573,317,000
1988 $2,545,786,000
1989 ($144,467,200)
1990 ($2,901,885,000)
1991 ($9,143,002,000)
1992 ($18,303,170,000)
1993 ($16,350,610,000)
1994 ($20,818,300,000)
1995 $7,119,985,000
1996 $6,537,923,000
1997 ($557,966,000)
1998 ($9,515,241,000)
1999 ($8,119,178,000)
2000 ($11,462,760,000)
2001 ($13,867,630,000)
2002 ($12,299,150,000)
2003 ($10,829,240,000)
2004 ($14,123,650,000)
2005 ($12,925,500,000)
2006 ($14,068,990,000)
2007 ($18,325,420,000)
2008 ($26,351,580,000)
2009 ($14,920,690,000)
2010 ($14,438,870,000)
2011 ($16,482,750,000)
2012 ($14,846,800,000)
2013 ($14,701,600,000)
2014 ($15,501,090,000)
2015 ($23,898,110,000)
2016 ($21,331,110,000)
2017 ($21,006,540,000)
2018 ($24,989,460,000)
2019 ($3,178,932,000)
2020 $23,106,100,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Mexico was 496,448,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 496,448,000,000 in 2020 and a minimum value of -480,905,000,000 in 2018.

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.

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

Year Value
1960 -5,147,800
1961 -3,898,900
1962 -2,925,300
1963 -3,462,900
1964 -5,573,100
1965 -5,155,400
1966 -4,690,200
1967 -7,110,500
1968 -8,498,700
1969 -7,001,500
1970 -8,449,600
1971 -5,286,500
1972 -4,349,000
1973 -7,274,800
1974 -19,474,000
1975 -29,982,000
1976 -18,884,300
1977 1,791,600
1978 -13,292,800
1979 -38,711,800
1980 -101,412,000
1981 -154,829,000
1982 491,415,000
1983 1,713,050,000
1984 2,307,141,000
1985 2,407,965,000
1986 3,093,614,000
1987 11,815,740,000
1988 5,786,826,000
1989 -355,606,000
1990 -8,161,843,000
1991 -27,597,240,000
1992 -56,646,480,000
1993 -50,941,970,000
1994 -70,263,850,000
1995 45,706,030,000
1996 49,684,290,000
1997 -4,418,254,000
1998 -86,931,250,000
1999 -77,622,590,000
2000 -108,387,000,000
2001 -129,556,000,000
2002 -118,761,000,000
2003 -116,837,000,000
2004 -159,399,000,000
2005 -140,861,000,000
2006 -153,341,000,000
2007 -200,264,000,000
2008 -293,285,000,000
2009 -201,631,000,000
2010 -182,450,000,000
2011 -204,770,000,000
2012 -195,525,000,000
2013 -187,769,000,000
2014 -206,048,000,000
2015 -378,744,000,000
2016 -398,126,000,000
2017 -397,580,000,000
2018 -480,905,000,000
2019 -61,237,670,000
2020 496,448,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Mexico was 504,848,000,000 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 504,848,000,000 in 2020 and a minimum value of -187,769,000,000 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). Data are in constant local currency.

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

Year Value
2013 -187,769,000,000
2014 -144,789,000,000
2015 -17,477,850,000
2016 25,115,560,000
2017 -107,871,000,000
2018 -141,982,000,000
2019 8,158,537,000
2020 504,848,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Mexico was 2.15 as of 2020. Its highest value over the past 60 years was 9.13 in 1983, while its lowest value was -5.04 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).

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

See also:

Year Value
1960 -3.16
1961 -2.20
1962 -1.54
1963 -1.63
1964 -2.22
1965 -1.89
1966 -1.54
1967 -2.14
1968 -2.32
1969 -1.72
1970 -1.90
1971 -1.08
1972 -0.77
1973 -1.05
1974 -2.16
1975 -2.73
1976 -1.38
1977 0.10
1978 -0.57
1979 -1.26
1980 -2.15
1981 -2.39
1982 4.72
1983 9.13
1984 7.46
1985 4.80
1986 3.76
1987 5.81
1988 1.40
1989 -0.07
1990 -1.11
1991 -2.92
1992 -5.04
1993 -3.27
1994 -3.94
1995 1.98
1996 1.59
1997 -0.11
1998 -1.81
1999 -1.35
2000 -1.62
2001 -1.83
2002 -1.59
2003 -1.48
2004 -1.81
2005 -1.47
2006 -1.44
2007 -1.74
2008 -2.37
2009 -1.66
2010 -1.36
2011 -1.40
2012 -1.24
2013 -1.15
2014 -1.18
2015 -2.04
2016 -1.98
2017 -1.81
2018 -2.04
2019 -0.25
2020 2.15

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts