Hong Kong SAR, China - 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 Hong Kong SAR, China was $6,315,294,000 as of 2020. Over the past 59 years, the value for this indicator has fluctuated between $22,588,770,000 in 2007 and ($6,481,941,000) in 1995.

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
1961 ($105,052,200)
1962 ($134,006,500)
1963 ($137,718,500)
1964 ($169,085,700)
1965 ($83,769,630)
1966 ($88,038,910)
1967 $125,271,900
1968 $146,258,900
1969 $281,442,800
1970 $292,796,900
1971 $188,058,800
1972 $453,610,800
1973 $506,946,500
1974 $449,956,300
1975 $561,882,000
1976 $1,375,183,000
1977 $1,027,027,000
1978 $185,750,600
1979 $291,242,700
1980 ($149,112,800)
1981 ($471,436,500)
1982 $182,210,600
1983 $539,833,700
1984 $2,681,760,000
1985 $3,583,971,000
1986 $3,739,315,000
1987 $5,271,662,000
1988 $5,329,490,000
1989 $7,885,358,000
1990 $6,568,076,000
1991 $6,048,873,000
1992 $5,422,319,000
1993 $8,119,344,000
1994 $1,571,606,000
1995 ($6,481,941,000)
1996 ($2,371,385,000)
1997 ($5,954,328,000)
1998 $905,452,400
1999 $8,561,650,000
2000 $7,568,667,000
2001 $7,945,710,000
2002 $13,569,220,000
2003 $14,681,640,000
2004 $14,729,840,000
2005 $22,181,730,000
2006 $21,601,870,000
2007 $22,588,770,000
2008 $22,308,520,000
2009 $16,850,920,000
2010 $13,431,630,000
2011 $9,568,088,000
2012 $2,969,290,000
2013 $1,654,461,000
2014 $597,361,400
2015 $7,391,961,000
2016 $7,325,277,000
2017 $3,443,900,000
2018 ($773,234,700)
2019 $5,637,897,000
2020 $6,315,294,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Hong Kong SAR, China was 48,989,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 176,224,000,000 in 2007 and a minimum value of -50,143,000,000 in 1995.

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
1961 -566,000,000
1962 -722,000,000
1963 -742,000,000
1964 -911,000,000
1965 -480,000,000
1966 -505,000,000
1967 720,000,000
1968 890,000,000
1969 1,715,000,000
1970 1,780,000,000
1971 1,121,000,000
1972 2,559,000,000
1973 2,609,000,000
1974 2,264,000,000
1975 2,773,000,000
1976 6,745,000,000
1977 4,788,000,000
1978 870,000,000
1979 1,457,000,000
1980 -742,000,000
1981 -2,635,000,000
1982 1,106,000,000
1983 3,922,000,000
1984 20,966,000,000
1985 27,922,000,000
1986 29,179,000,000
1987 41,110,000,000
1988 41,602,000,000
1989 61,505,000,000
1990 51,164,000,000
1991 47,007,000,000
1992 41,972,000,000
1993 62,808,000,000
1994 12,146,000,000
1995 -50,143,000,000
1996 -18,341,000,000
1997 -46,099,000,000
1998 7,013,000,000
1999 66,417,000,000
2000 58,969,000,000
2001 61,967,000,000
2002 105,825,000,000
2003 114,323,000,000
2004 114,716,000,000
2005 172,514,000,000
2006 167,799,000,000
2007 176,224,000,000
2008 173,712,000,000
2009 130,625,000,000
2010 104,353,000,000
2011 74,478,000,000
2012 23,031,000,000
2013 12,832,000,000
2014 4,632,000,000
2015 57,301,000,000
2016 56,861,000,000
2017 26,839,000,000
2018 -6,061,000,000
2019 44,178,000,000
2020 48,989,000,000

External balance on goods and services (constant LCU)

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 constant local currency.

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

Year Value
2019 44,178,000,000
2020 52,329,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Hong Kong SAR, China was 1.82 as of 2020. Its highest value over the past 59 years was 12.22 in 2005, while its lowest value was -8.31 in 1962.

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
1961 -7.59
1962 -8.31
1963 -7.12
1964 -7.66
1965 -3.44
1966 -3.54
1967 4.65
1968 5.38
1969 8.82
1970 7.70
1971 4.20
1972 7.94
1973 6.31
1974 4.79
1975 5.59
1976 10.68
1977 6.53
1978 1.01
1979 1.29
1980 -0.52
1981 -1.52
1982 0.56
1983 1.81
1984 8.00
1985 10.04
1986 9.10
1987 10.41
1988 8.93
1989 11.46
1990 8.54
1991 6.80
1992 5.20
1993 6.75
1994 1.16
1995 -4.48
1996 -1.48
1997 -3.36
1998 0.54
1999 5.16
2000 4.41
2001 4.69
2002 8.16
2003 9.10
2004 8.71
2005 12.22
2006 11.16
2007 10.68
2008 10.17
2009 7.87
2010 5.87
2011 3.85
2012 1.13
2013 0.60
2014 0.20
2015 2.39
2016 2.28
2017 1.01
2018 -0.21
2019 1.55
2020 1.82

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts