High income - External balance on goods and services
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in High income was 0.88 as of 2020. Its highest value over the past 50 years was 1.42 in 2013, while its lowest value was -0.65 in 1984.
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 | 0.20 |
1971 | 0.34 |
1972 | 0.31 |
1973 | 0.29 |
1974 | -0.31 |
1975 | 0.47 |
1976 | -0.04 |
1977 | -0.23 |
1978 | 0.02 |
1979 | -0.47 |
1980 | -0.36 |
1981 | 0.18 |
1982 | -0.30 |
1983 | -0.50 |
1984 | -0.65 |
1985 | -0.50 |
1986 | -0.19 |
1987 | -0.32 |
1988 | -0.28 |
1989 | -0.42 |
1990 | -0.30 |
1991 | 0.13 |
1992 | 0.36 |
1993 | 0.73 |
1994 | 0.70 |
1995 | 0.72 |
1996 | 0.62 |
1997 | 0.75 |
1998 | 0.54 |
1999 | 0.11 |
2000 | -0.30 |
2001 | -0.25 |
2002 | -0.11 |
2003 | -0.13 |
2004 | -0.07 |
2005 | -0.29 |
2006 | -0.34 |
2007 | -0.04 |
2008 | -0.15 |
2009 | 0.47 |
2010 | 0.59 |
2011 | 0.79 |
2012 | 1.11 |
2013 | 1.42 |
2014 | 1.29 |
2015 | 0.98 |
2016 | 1.10 |
2017 | 1.24 |
2018 | 1.20 |
2019 | 0.94 |
2020 | 0.88 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts