Northern Mariana Islands - 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 Northern Mariana Islands was ($236,000,000) as of 2019. Over the past 17 years, the value for this indicator has fluctuated between $387,000,000 in 2002 and ($236,000,000) in 2019.

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
2002 $387,000,000
2003 $344,000,000
2004 $281,000,000
2005 $182,000,000
2006 $77,000,000
2007 $48,000,000
2008 $29,000,000
2009 ($48,000,000)
2010 ($70,000,000)
2011 ($132,000,000)
2012 ($99,000,000)
2013 ($123,000,000)
2014 ($123,000,000)
2015 ($153,000,000)
2016 ($116,000,000)
2017 $112,000,000
2018 ($96,000,000)
2019 ($236,000,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Northern Mariana Islands was -236,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 387,000,000 in 2002 and a minimum value of -236,000,000 in 2019.

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
2002 387,000,000
2003 344,000,000
2004 281,000,000
2005 182,000,000
2006 77,000,000
2007 48,000,000
2008 29,000,000
2009 -48,000,000
2010 -70,000,000
2011 -132,000,000
2012 -99,000,000
2013 -123,000,000
2014 -123,000,000
2015 -153,000,000
2016 -116,000,000
2017 112,000,000
2018 -96,000,000
2019 -236,000,000

External balance on goods and services (constant LCU)

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
2009 -91,000,000
2010 -102,000,000
2011 -132,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Northern Mariana Islands was -19.97 as of 2019. Its highest value over the past 17 years was 30.14 in 2002, while its lowest value was -19.97 in 2019.

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
2002 30.14
2003 27.76
2004 23.22
2005 17.15
2006 7.78
2007 5.12
2008 3.09
2009 -6.04
2010 -8.76
2011 -18.11
2012 -13.27
2013 -15.93
2014 -14.78
2015 -16.81
2016 -9.43
2017 7.18
2018 -7.37
2019 -19.97

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts