Samoa - 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 Samoa was ($157,156,900) as of 2020. Over the past 18 years, the value for this indicator has fluctuated between ($46,946,060) in 2003 and ($220,800,500) in 2012.

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 ($55,125,450)
2003 ($46,946,060)
2004 ($58,708,380)
2005 ($91,324,870)
2006 ($116,190,600)
2007 ($142,130,900)
2008 ($116,478,700)
2009 ($125,512,400)
2010 ($157,402,800)
2011 ($184,643,000)
2012 ($220,800,500)
2013 ($172,919,200)
2014 ($201,694,200)
2015 ($167,736,900)
2016 ($149,002,300)
2017 ($129,953,300)
2018 ($131,797,000)
2019 ($119,526,100)
2020 ($157,156,900)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Samoa was -423,978,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of -148,640,600 in 2003 and a minimum value of -508,062,000 in 2012.

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 -191,412,100
2003 -148,640,600
2004 -167,776,800
2005 -247,517,800
2006 -322,928,400
2007 -371,899,700
2008 -307,993,000
2009 -342,749,300
2010 -399,456,800
2011 -440,816,600
2012 -508,062,000
2013 -395,103,100
2014 -468,454,900
2015 -406,611,000
2016 -389,447,400
2017 -329,509,700
2018 -338,243,900
2019 -312,919,500
2020 -423,978,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Samoa was -19.47 as of 2020. Its highest value over the past 18 years was -13.85 in 2003, while its lowest value was -29.04 in 2012.

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 -19.14
2003 -13.85
2004 -13.97
2005 -19.62
2006 -22.97
2007 -24.91
2008 -18.81
2009 -21.47
2010 -23.74
2011 -25.05
2012 -29.04
2013 -22.46
2014 -26.65
2015 -21.29
2016 -18.64
2017 -15.62
2018 -16.05
2019 -14.03
2020 -19.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts