The Gambia - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in The Gambia was -28.89 as of 2020. Its highest value over the past 54 years was 1.09 in 1975, while its lowest value was -28.89 in 2020.

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
1966 -7.41
1967 -6.67
1968 -11.00
1969 -10.70
1970 -3.12
1971 -4.81
1972 -6.98
1973 -7.28
1974 -4.74
1975 1.09
1976 -5.30
1977 -10.78
1978 -26.21
1979 -28.30
1980 -20.86
1981 -22.80
1982 -15.30
1983 -11.99
1984 -13.66
1985 -10.05
1986 -9.47
1987 -9.87
1988 -8.09
1989 -10.22
1990 -11.68
1991 -5.23
1992 -6.26
1993 -8.25
1994 -7.44
1995 -11.73
1996 -7.36
1997 -2.45
1998 -3.26
1999 -3.62
2000 -4.76
2001 -3.29
2002 -5.33
2003 -6.67
2004 -8.74
2005 -10.21
2006 -8.31
2007 -8.23
2008 -10.14
2009 -10.29
2010 -11.68
2011 -8.92
2012 -8.02
2013 -7.50
2014 -14.58
2015 -13.74
2016 -14.20
2017 -19.74
2018 -19.66
2019 -15.60
2020 -28.89

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts