Belarus - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Belarus was $1,879,283,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $2,935,169,000 in 2012 and ($7,537,462,000) in 2010.

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). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $500,000,000
1991 $0
1992 $370,370,400
1993 ($2,561,983,000)
1994 ($1,916,751,000)
1995 ($613,102,200)
1996 ($601,384,600)
1997 ($818,941,600)
1998 ($739,095,600)
1999 ($294,775,300)
2000 ($405,990,300)
2001 ($438,561,200)
2002 ($546,850,400)
2003 ($682,642,600)
2004 ($1,472,870,000)
2005 $214,856,100
2006 ($1,541,911,000)
2007 ($2,837,884,000)
2008 ($4,693,352,000)
2009 ($5,536,484,000)
2010 ($7,537,462,000)
2011 ($644,462,300)
2012 $2,935,169,000
2013 ($2,378,232,000)
2014 ($606,406,500)
2015 $60,241,120
2016 ($90,973,060)
2017 $115,717,000
2018 $910,286,600
2019 ($425,901,200)
2020 $1,879,283,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Belarus was 4,584,700,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 4,584,700,000 in 2020 and a minimum value of -2,245,410,000 in 2010.

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). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 10
1991 0
1992 200
1993 -15,500
1994 -228,400
1995 -532,700
1996 -781,800
1997 -2,126,300
1998 -3,409,300
1999 -7,348,600
2000 -29,114,200
2001 -60,960,000
2002 -97,940,900
2003 -140,010,000
2004 -318,140,000
2005 46,280,000
2006 -330,740,000
2007 -609,010,000
2008 -1,002,500,000
2009 -1,546,340,000
2010 -2,245,410,000
2011 -320,620,000
2012 2,447,050,000
2013 -2,111,870,000
2014 -619,990,000
2015 95,940,000
2016 -181,000,000
2017 223,600,000
2018 1,854,800,000
2019 -890,900,000
2020 4,584,700,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Belarus was 3.12 as of 2020. Its highest value over the past 30 years was 4.47 in 2012, while its lowest value was -15.74 in 1993.

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
1990 2.31
1991 0.00
1992 2.17
1993 -15.74
1994 -12.84
1995 -4.39
1996 -4.08
1997 -5.80
1998 -4.86
1999 -2.43
2000 -3.19
2001 -3.55
2002 -3.75
2003 -3.83
2004 -6.36
2005 0.71
2006 -4.17
2007 -6.27
2008 -7.72
2009 -10.88
2010 -13.17
2011 -1.04
2012 4.47
2013 -3.15
2014 -0.77
2015 0.11
2016 -0.19
2017 0.21
2018 1.52
2019 -0.66
2020 3.12

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts