Spain - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Spain was 1.47 as of 2020. Its highest value over the past 50 years was 3.99 in 2016, while its lowest value was -5.78 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).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | -1.56 |
| 1971 | 0.13 |
| 1972 | -0.50 |
| 1973 | -1.46 |
| 1974 | -5.33 |
| 1975 | -4.33 |
| 1976 | -4.94 |
| 1977 | -2.66 |
| 1978 | 0.03 |
| 1979 | -0.43 |
| 1980 | -2.98 |
| 1981 | -2.81 |
| 1982 | -2.57 |
| 1983 | -1.62 |
| 1984 | 1.06 |
| 1985 | 0.86 |
| 1986 | 1.05 |
| 1987 | -0.87 |
| 1988 | -2.11 |
| 1989 | -4.18 |
| 1990 | -4.16 |
| 1991 | -3.96 |
| 1992 | -3.60 |
| 1993 | -1.53 |
| 1994 | -1.02 |
| 1995 | -1.12 |
| 1996 | -0.18 |
| 1997 | 0.17 |
| 1998 | -0.46 |
| 1999 | -1.93 |
| 2000 | -2.96 |
| 2001 | -2.27 |
| 2002 | -1.99 |
| 2003 | -2.21 |
| 2004 | -3.70 |
| 2005 | -4.80 |
| 2006 | -5.69 |
| 2007 | -5.78 |
| 2008 | -4.74 |
| 2009 | -0.87 |
| 2010 | -1.02 |
| 2011 | 0.28 |
| 2012 | 2.07 |
| 2013 | 3.93 |
| 2014 | 3.10 |
| 2015 | 3.04 |
| 2016 | 3.99 |
| 2017 | 3.61 |
| 2018 | 2.72 |
| 2019 | 2.93 |
| 2020 | 1.47 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
