United States - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in United States was -3.108 as of 2020. Its highest value over the past 50 years was 0.948 in 1975, while its lowest value was -5.693 in 2006.
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 | 0.368 |
1971 | 0.053 |
1972 | -0.264 |
1973 | 0.288 |
1974 | -0.053 |
1975 | 0.948 |
1976 | -0.087 |
1977 | -1.109 |
1978 | -1.079 |
1979 | -0.858 |
1980 | -0.457 |
1981 | -0.390 |
1982 | -0.597 |
1983 | -1.421 |
1984 | -2.544 |
1985 | -2.628 |
1986 | -2.879 |
1987 | -2.982 |
1988 | -2.089 |
1989 | -1.538 |
1990 | -1.306 |
1991 | -0.465 |
1992 | -0.533 |
1993 | -0.950 |
1994 | -1.269 |
1995 | -1.175 |
1996 | -1.194 |
1997 | -1.189 |
1998 | -1.795 |
1999 | -2.695 |
2000 | -3.717 |
2001 | -3.560 |
2002 | -4.021 |
2003 | -4.555 |
2004 | -5.192 |
2005 | -5.676 |
2006 | -5.693 |
2007 | -5.092 |
2008 | -5.036 |
2009 | -2.901 |
2010 | -3.551 |
2011 | -3.729 |
2012 | -3.406 |
2013 | -2.856 |
2014 | -2.910 |
2015 | -2.885 |
2016 | -2.701 |
2017 | -2.763 |
2018 | -2.892 |
2019 | -2.782 |
2020 | -3.108 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts