Switzerland - 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 Switzerland was $66,157,490,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $90,726,380,000 in 2018 and ($2,528,604,000) in 1980.

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
1970 ($24,795,790)
1971 ($1,377,634)
1972 $272,830,900
1973 $248,983,200
1974 ($234,042,200)
1975 $3,464,755,000
1976 $4,082,978,000
1977 $3,856,311,000
1978 $5,126,380,000
1979 $1,697,374,000
1980 ($2,528,604,000)
1981 $783,792,900
1982 $794,468,800
1983 ($1,025,962,000)
1984 $3,218,436,000
1985 $2,994,651,000
1986 $1,511,672,000
1987 $2,885,135,000
1988 $3,083,778,000
1989 $2,928,521,000
1990 $1,123,661,000
1991 $4,303,023,000
1992 $7,722,896,000
1993 $11,167,230,000
1994 $12,509,810,000
1995 $14,043,590,000
1996 $11,939,270,000
1997 $14,133,990,000
1998 $12,468,090,000
1999 $12,550,230,000
2000 $15,284,160,000
2001 $14,287,010,000
2002 $18,934,170,000
2003 $21,670,920,000
2004 $33,247,390,000
2005 $27,977,310,000
2006 $35,955,280,000
2007 $53,984,960,000
2008 $60,428,630,000
2009 $41,968,560,000
2010 $65,856,280,000
2011 $62,847,900,000
2012 $74,351,410,000
2013 $84,613,480,000
2014 $83,197,170,000
2015 $81,949,880,000
2016 $80,823,370,000
2017 $76,714,390,000
2018 $90,726,380,000
2019 $86,698,870,000
2020 $66,157,490,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Switzerland was 62,111,410,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 88,719,820,000 in 2018 and a minimum value of -4,237,182,000 in 1980.

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
1970 -108,432,000
1971 -5,695,000
1972 1,042,023,000
1973 787,982,000
1974 -697,282,000
1975 8,943,573,000
1976 10,205,810,000
1977 9,268,643,000
1978 9,165,967,000
1979 2,822,224,000
1980 -4,237,182,000
1981 1,539,526,000
1982 1,613,010,000
1983 -2,153,596,000
1984 7,562,359,000
1985 7,358,156,000
1986 2,719,346,000
1987 4,302,313,000
1988 4,512,492,000
1989 4,790,767,000
1990 1,560,990,000
1991 6,170,535,000
1992 10,859,940,000
1993 16,500,700,000
1994 17,109,670,000
1995 16,606,540,000
1996 14,756,940,000
1997 20,512,660,000
1998 18,076,240,000
1999 18,852,950,000
2000 25,811,880,000
2001 24,110,750,000
2002 29,510,800,000
2003 29,184,230,000
2004 41,343,130,000
2005 34,837,350,000
2006 45,080,740,000
2007 64,803,550,000
2008 65,450,250,000
2009 45,665,990,000
2010 68,681,890,000
2011 55,811,580,000
2012 69,718,170,000
2013 78,428,540,000
2014 76,221,180,000
2015 78,867,040,000
2016 79,642,890,000
2017 75,540,020,000
2018 88,719,820,000
2019 86,159,160,000
2020 62,111,410,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Switzerland was 88,260,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 102,323,000,000 in 2018 and a minimum value of 12,496,160,000 in 1971.

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 13,317,940,000
1971 12,496,160,000
1972 12,738,290,000
1973 14,626,330,000
1974 16,173,110,000
1975 21,161,460,000
1976 20,943,300,000
1977 23,285,020,000
1978 18,957,680,000
1979 15,918,760,000
1980 14,909,220,000
1981 24,251,780,000
1982 19,646,430,000
1983 15,273,830,000
1984 27,656,030,000
1985 31,950,330,000
1986 21,102,110,000
1987 19,443,400,000
1988 23,404,850,000
1989 22,946,880,000
1990 17,905,960,000
1991 20,015,680,000
1992 24,671,180,000
1993 25,531,880,000
1994 21,402,650,000
1995 17,449,450,000
1996 16,512,670,000
1997 26,570,970,000
1998 22,532,190,000
1999 22,598,760,000
2000 33,569,650,000
2001 31,530,430,000
2002 31,814,270,000
2003 28,042,680,000
2004 42,591,290,000
2005 37,987,200,000
2006 48,873,570,000
2007 68,339,830,000
2008 70,073,070,000
2009 48,248,290,000
2010 66,611,440,000
2011 54,387,720,000
2012 65,661,470,000
2013 78,730,340,000
2014 77,698,020,000
2015 78,867,040,000
2016 88,115,730,000
2017 89,783,530,000
2018 102,323,000,000
2019 99,507,930,000
2020 88,260,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Switzerland was 8.79 as of 2020. Its highest value over the past 40 years was 12.33 in 2018, while its lowest value was -2.06 in 1980.

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 -2.06
1981 0.70
1982 0.69
1983 -0.89
1984 2.94
1985 2.70
1986 0.95
1987 1.45
1988 1.43
1989 1.41
1990 0.42
1991 1.60
1992 2.76
1993 4.10
1994 4.15
1995 3.98
1996 3.51
1997 4.79
1998 4.10
1999 4.20
2000 5.46
2001 4.97
2002 6.10
2003 5.97
2004 8.20
2005 6.65
2006 8.10
2007 10.94
2008 10.60
2009 7.52
2010 10.91
2011 8.70
2012 10.74
2013 11.87
2014 11.33
2015 11.67
2016 11.62
2017 10.89
2018 12.33
2019 11.85
2020 8.79

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts