Spain - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Spain was 13,121,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 43,492,000,000 in 2016 and a minimum value of -80,923,000,000 in 2007.

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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 2,640,359,000
1971 6,255,379,000
1972 4,459,247,000
1973 2,893,498,000
1974 -290,347,000
1975 -100,278,000
1976 -1,905,881,000
1977 5,113,429,000
1978 10,215,330,000
1979 8,551,795,000
1980 8,349,101,000
1981 15,895,510,000
1982 17,052,020,000
1983 23,538,400,000
1984 32,294,210,000
1985 29,502,670,000
1986 21,606,150,000
1987 11,989,840,000
1988 4,019,466,000
1989 -8,915,067,000
1990 -13,962,120,000
1991 -17,271,160,000
1992 -17,786,300,000
1993 -3,331,296,000
1994 2,122,067,000
1995 182,000,000
1996 3,993,000,000
1997 6,862,000,000
1998 -2,746,000,000
1999 -14,017,000,000
2000 -13,541,000,000
2001 -13,372,000,000
2002 -19,288,000,000
2003 -26,464,000,000
2004 -42,575,000,000
2005 -58,899,000,000
2006 -73,092,000,000
2007 -80,923,000,000
2008 -62,542,000,000
2009 -28,711,000,000
2010 -22,832,000,000
2011 2,859,000,000
2012 24,048,000,000
2013 38,619,000,000
2014 33,695,000,000
2015 32,763,000,000
2016 43,492,000,000
2017 41,570,000,000
2018 34,367,000,000
2019 39,995,000,000
2020 13,121,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts