Iran - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Iran was -5.76 as of 2020. Its highest value over the past 60 years was 23.34 in 1974, while its lowest value was -16.55 in 1991.

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 -3.54
1961 -2.13
1962 0.82
1963 2.87
1964 0.07
1965 -0.33
1966 -1.32
1967 -2.36
1968 -3.03
1969 -3.02
1970 -2.74
1971 1.78
1972 1.44
1973 12.78
1974 23.34
1975 5.36
1976 8.97
1977 1.70
1978 1.25
1979 10.69
1980 -15.01
1981 -15.57
1982 -3.88
1983 -9.66
1984 -5.31
1985 -5.41
1986 -6.68
1987 0.43
1988 -7.01
1989 -8.28
1990 -10.52
1991 -16.55
1992 -14.07
1993 4.78
1994 14.96
1995 8.21
1996 5.17
1997 1.91
1998 -3.86
1999 3.70
2000 1.68
2001 -1.93
2002 0.66
2003 -1.42
2004 -0.78
2005 6.22
2006 6.57
2007 7.80
2008 4.92
2009 1.72
2010 5.03
2011 8.07
2012 0.88
2013 3.43
2014 1.68
2015 0.47
2016 1.59
2017 1.10
2018 1.41
2019 -5.64
2020 -5.76

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts