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

External balance on goods and services (% of GDP) in Nicaragua was -4.83 as of 2020. Its highest value over the past 60 years was 13.89 in 1979, while its lowest value was -40.29 in 1988.

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 -2.52
1961 -1.15
1962 -2.47
1963 -1.42
1964 -1.63
1965 -3.11
1966 -7.01
1967 -8.58
1968 -3.71
1969 -2.79
1970 -2.46
1971 -2.24
1972 5.65
1973 -9.59
1974 -13.53
1975 -8.90
1976 1.15
1977 -5.34
1978 3.16
1979 13.89
1980 -19.04
1981 -19.44
1982 -10.08
1983 -10.59
1984 -13.01
1985 -7.06
1986 -8.06
1987 -1.99
1988 -40.29
1989 -32.65
1990 -21.39
1991 -30.68
1992 -36.02
1993 -27.43
1994 -12.80
1995 -11.85
1996 -14.79
1997 -19.17
1998 -18.34
1999 -25.48
2000 -21.08
2001 -19.90
2002 -20.40
2003 -20.77
2004 -21.08
2005 -22.88
2006 -24.78
2007 -26.90
2008 -27.85
2009 -19.03
2010 -19.43
2011 -21.79
2012 -20.24
2013 -20.56
2014 -16.68
2015 -18.03
2016 -16.05
2017 -13.70
2018 -9.43
2019 -4.48
2020 -4.83

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts