Somalia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Somalia was -66.62 as of 2020. Its highest value over the past 60 years was -3.49 in 1965, while its lowest value was -68.44 in 2018.
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 |
|---|---|
| 1960 | -4.43 |
| 1961 | -7.09 |
| 1962 | -14.72 |
| 1963 | -10.10 |
| 1964 | -14.46 |
| 1965 | -3.49 |
| 1966 | -7.62 |
| 1967 | -8.60 |
| 1968 | -6.63 |
| 1969 | -7.66 |
| 1970 | -5.23 |
| 1971 | -6.65 |
| 1972 | -4.81 |
| 1973 | -12.97 |
| 1974 | -22.52 |
| 1975 | -14.42 |
| 1976 | -13.81 |
| 1977 | -38.95 |
| 1978 | -30.27 |
| 1979 | -51.22 |
| 1980 | -55.31 |
| 1981 | -43.55 |
| 1982 | -42.08 |
| 1983 | -49.06 |
| 1984 | -46.49 |
| 1985 | -12.98 |
| 1986 | -22.43 |
| 1987 | -24.52 |
| 1988 | -17.36 |
| 1989 | -37.21 |
| 1990 | -27.95 |
| 2013 | -57.23 |
| 2014 | -56.81 |
| 2015 | -55.31 |
| 2016 | -56.55 |
| 2017 | -64.72 |
| 2018 | -68.44 |
| 2019 | -66.27 |
| 2020 | -66.62 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
