Upper middle income - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Upper middle income was 2.07 as of 2020. Its highest value over the past 60 years was 4.48 in 2006, while its lowest value was -3.47 in 1981.
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 |
|---|---|
| 1960 | -1.25 |
| 1961 | -0.78 |
| 1962 | -0.71 |
| 1963 | 0.02 |
| 1964 | -0.09 |
| 1965 | 0.25 |
| 1966 | -0.09 |
| 1967 | -0.32 |
| 1968 | -0.46 |
| 1969 | -0.31 |
| 1970 | -1.01 |
| 1971 | -1.36 |
| 1972 | -0.60 |
| 1973 | -0.19 |
| 1974 | -2.24 |
| 1975 | -2.92 |
| 1976 | -1.21 |
| 1977 | -0.51 |
| 1978 | -0.04 |
| 1979 | 0.27 |
| 1980 | -0.07 |
| 1981 | -3.47 |
| 1982 | -1.86 |
| 1983 | 0.82 |
| 1984 | 1.50 |
| 1985 | 0.80 |
| 1986 | 0.14 |
| 1987 | 1.58 |
| 1988 | 1.42 |
| 1989 | 0.50 |
| 1990 | 0.29 |
| 1991 | -0.17 |
| 1992 | 1.59 |
| 1993 | -1.04 |
| 1994 | -0.97 |
| 1995 | -0.81 |
| 1996 | -0.63 |
| 1997 | -0.23 |
| 1998 | 0.68 |
| 1999 | 1.72 |
| 2000 | 1.85 |
| 2001 | 1.35 |
| 2002 | 2.21 |
| 2003 | 2.27 |
| 2004 | 2.42 |
| 2005 | 3.60 |
| 2006 | 4.48 |
| 2007 | 4.28 |
| 2008 | 4.04 |
| 2009 | 2.76 |
| 2010 | 2.33 |
| 2011 | 1.95 |
| 2012 | 1.98 |
| 2013 | 1.31 |
| 2014 | 1.20 |
| 2015 | 1.87 |
| 2016 | 1.48 |
| 2017 | 1.35 |
| 2018 | 1.28 |
| 2019 | 1.39 |
| 2020 | 2.07 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
