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