United Kingdom - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in United Kingdom was 0.13 as of 2020. Its highest value over the past 50 years was 2.86 in 1981, while its lowest value was -4.80 in 1974.
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 | 0.85 |
| 1971 | 1.37 |
| 1972 | -0.08 |
| 1973 | -2.30 |
| 1974 | -4.80 |
| 1975 | -1.67 |
| 1976 | -1.08 |
| 1977 | 0.74 |
| 1978 | 1.35 |
| 1979 | 0.40 |
| 1980 | 2.22 |
| 1981 | 2.86 |
| 1982 | 1.94 |
| 1983 | 1.00 |
| 1984 | -0.02 |
| 1985 | 1.15 |
| 1986 | -0.56 |
| 1987 | -0.90 |
| 1988 | -3.23 |
| 1989 | -3.61 |
| 1990 | -1.81 |
| 1991 | -0.34 |
| 1992 | -0.68 |
| 1993 | -0.32 |
| 1994 | 0.02 |
| 1995 | 0.31 |
| 1996 | 0.22 |
| 1997 | 0.32 |
| 1998 | -0.77 |
| 1999 | -1.43 |
| 2000 | -1.65 |
| 2001 | -2.09 |
| 2002 | -2.63 |
| 2003 | -2.23 |
| 2004 | -2.54 |
| 2005 | -2.35 |
| 2006 | -2.06 |
| 2007 | -2.04 |
| 2008 | -2.06 |
| 2009 | -1.47 |
| 2010 | -1.87 |
| 2011 | -1.00 |
| 2012 | -1.23 |
| 2013 | -1.31 |
| 2014 | -1.76 |
| 2015 | -1.55 |
| 2016 | -1.64 |
| 2017 | -1.26 |
| 2018 | -1.30 |
| 2019 | -0.92 |
| 2020 | 0.13 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
