IDA only - External balance on goods and services

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in IDA only was -8.55 as of 2020. Its highest value over the past 30 years was -3.29 in 2002, while its lowest value was -12.88 in 2013.

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 -7.57
1991 -8.72
1992 -9.89
1993 -10.17
1994 -9.82
1995 -8.32
1996 -8.37
1997 -6.40
1998 -6.42
1999 -6.71
2000 -3.84
2001 -3.72
2002 -3.29
2003 -5.28
2004 -5.21
2005 -6.32
2006 -5.31
2007 -6.69
2008 -7.23
2009 -7.45
2010 -7.15
2011 -9.31
2012 -12.48
2013 -12.88
2014 -11.11
2015 -11.86
2016 -11.03
2017 -10.32
2018 -11.42
2019 -9.82
2020 -8.55

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts