IDA blend - External balance on goods and services

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in IDA blend was -7.14 as of 2020. Its highest value over the past 60 years was 8.90 in 2000, while its lowest value was -7.14 in 2020.

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 -6.62
1961 -6.91
1962 -5.48
1963 -4.90
1964 -5.58
1965 -6.59
1966 -4.54
1967 -6.17
1968 -4.63
1969 -3.68
1970 -3.15
1971 -3.95
1972 -1.80
1973 1.11
1974 6.53
1975 -5.19
1976 -4.89
1977 -0.25
1978 -5.25
1979 0.23
1980 3.43
1981 -2.67
1982 -2.39
1983 -1.46
1984 -0.47
1985 -0.67
1986 -1.61
1987 0.95
1988 0.48
1989 4.28
1990 3.71
1991 4.41
1992 3.16
1993 1.20
1994 1.28
1995 2.64
1996 0.94
1997 0.28
1998 -1.12
1999 2.93
2000 8.90
2001 2.86
2002 3.35
2003 2.72
2004 5.17
2005 4.39
2006 7.58
2007 -0.04
2008 3.13
2009 -1.95
2010 2.71
2011 3.81
2012 7.39
2013 0.56
2014 0.90
2015 -3.16
2016 -4.60
2017 -4.28
2018 -5.91
2019 -6.63
2020 -7.14

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts