West Bank and Gaza - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in West Bank and Gaza was -35.04 as of 2020. Its highest value over the past 26 years was -35.03 in 2013, while its lowest value was -61.15 in 1999.

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
1994 -57.37
1995 -57.24
1996 -57.24
1997 -55.74
1998 -52.88
1999 -61.15
2000 -46.61
2001 -51.96
2002 -49.38
2003 -50.44
2004 -55.19
2005 -55.61
2006 -55.10
2007 -55.33
2008 -47.61
2009 -47.12
2010 -40.25
2011 -35.08
2012 -36.28
2013 -35.03
2014 -36.09
2015 -38.66
2016 -36.77
2017 -37.00
2018 -39.48
2019 -37.95
2020 -35.04

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts