Pacific island small states - External balance on goods and services

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Pacific island small states was -21.78 as of 2020. Its highest value over the past 40 years was -11.64 in 1997, while its lowest value was -26.56 in 1981.

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
1980 -17.29
1981 -26.56
1982 -20.02
1983 -20.48
1984 -14.32
1985 -16.07
1986 -12.49
1987 -14.30
1988 -18.47
1989 -20.39
1990 -23.94
1991 -23.06
1992 -19.52
1993 -22.45
1994 -19.19
1995 -18.54
1996 -12.09
1997 -11.64
1998 -13.17
1999 -12.57
2000 -17.13
2001 -20.25
2002 -15.09
2003 -16.98
2004 -21.49
2005 -19.24
2006 -24.60
2007 -22.31
2008 -26.07
2009 -22.80
2010 -21.02
2011 -17.20
2012 -14.41
2013 -20.01
2014 -15.70
2015 -16.33
2016 -14.10
2017 -14.38
2018 -14.81
2019 -18.77
2020 -21.78

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts