Micronesia - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Micronesia was -41.33 as of 2020. Its highest value over the past 37 years was -29.90 in 2018, while its lowest value was -80.94 in 1983.

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
1983 -80.94
1995 -55.08
1996 -65.25
1997 -70.12
1998 -63.75
1999 -61.81
2000 -54.65
2001 -57.25
2002 -53.65
2003 -57.26
2004 -62.66
2005 -59.09
2006 -59.16
2007 -53.71
2008 -62.65
2009 -65.04
2010 -58.43
2011 -57.48
2012 -51.58
2013 -52.47
2014 -42.20
2015 -51.17
2016 -45.33
2017 -41.10
2018 -29.90
2019 -42.40
2020 -41.33

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts