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

The value for External balance on goods and services (constant LCU) in Thailand was 196,849,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 954,929,000,000 in 2016 and a minimum value of -150,317,000,000 in 2005.

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
2002 364,739,000,000
2003 336,548,000,000
2004 188,222,000,000
2005 -150,317,000,000
2006 215,270,000,000
2007 469,579,000,000
2008 230,892,000,000
2009 704,910,000,000
2010 402,630,000,000
2011 277,128,000,000
2012 161,958,000,000
2013 222,112,000,000
2014 608,910,000,000
2015 697,247,000,000
2016 954,929,000,000
2017 937,292,000,000
2018 633,285,000,000
2019 777,835,000,000
2020 196,849,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts