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