IDA only - 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 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts