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

External balance on goods and services (% of GDP) in OECD members was 0.178 as of 2020. Its highest value over the past 50 years was 0.535 in 1995, while its lowest value was -1.312 in 1980.

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
1970 0.066
1971 0.149
1972 0.076
1973 -0.146
1974 -1.144
1975 -0.289
1976 -0.709
1977 -0.720
1978 -0.198
1979 -0.980
1980 -1.312
1981 -0.758
1982 -0.527
1983 -0.368
1984 -0.566
1985 -0.544
1986 -0.276
1987 -0.456
1988 -0.391
1989 -0.589
1990 -0.543
1991 -0.025
1992 0.116
1993 0.445
1994 0.409
1995 0.535
1996 0.348
1997 0.483
1998 0.336
1999 -0.194
2000 -0.761
2001 -0.685
2002 -0.575
2003 -0.690
2004 -0.672
2005 -1.125
2006 -1.270
2007 -0.907
2008 -1.129
2009 -0.128
2010 -0.394
2011 -0.627
2012 -0.355
2013 -0.018
2014 0.059
2015 0.193
2016 0.351
2017 0.353
2018 0.215
2019 0.138
2020 0.178

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts