Kosovo - 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 Kosovo was ($2,486,218,000) as of 2020. Over the past 12 years, the value for this indicator has fluctuated between ($1,828,691,000) in 2016 and ($2,486,218,000) 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). Data are in current U.S. dollars.

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

See also:

Year Value
2008 ($2,194,449,000)
2009 ($1,971,239,000)
2010 ($2,075,569,000)
2011 ($2,298,732,000)
2012 ($1,992,134,000)
2013 ($1,959,813,000)
2014 ($2,123,974,000)
2015 ($1,833,195,000)
2016 ($1,828,691,000)
2017 ($1,849,235,000)
2018 ($2,222,382,000)
2019 ($2,143,095,000)
2020 ($2,486,218,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Kosovo was -2,181,656,000 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of -1,418,898,000 in 2009 and a minimum value of -2,181,656,000 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). Data are in current local currency.

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

Year Value
2008 -1,498,150,000
2009 -1,418,898,000
2010 -1,565,602,000
2011 -1,651,409,000
2012 -1,550,478,000
2013 -1,475,543,000
2014 -1,598,715,000
2015 -1,652,259,000
2016 -1,652,039,000
2017 -1,636,943,000
2018 -1,881,913,000
2019 -1,914,212,000
2020 -2,181,656,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Kosovo was -1,953,350,000 as of 2020. As the graph below shows, over the past 12 years this indicator reached a maximum value of -1,388,568,000 in 2017 and a minimum value of -1,953,350,000 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). Data are in constant local currency.

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

Year Value
2008 -1,498,150,000
2009 -1,436,858,000
2010 -1,492,228,000
2011 -1,600,637,000
2012 -1,520,810,000
2013 -1,481,020,000
2014 -1,543,205,000
2015 -1,438,937,000
2016 -1,513,847,000
2017 -1,388,568,000
2018 -1,571,366,000
2019 -1,585,109,000
2020 -1,953,350,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Kosovo was -32.22 as of 2020. Its highest value over the past 12 years was -25.75 in 2017, while its lowest value was -42.35 in 2008.

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
2008 -42.35
2009 -39.30
2010 -38.84
2011 -36.25
2012 -32.32
2013 -29.10
2014 -30.02
2015 -29.12
2016 -27.36
2017 -25.75
2018 -28.21
2019 -27.13
2020 -32.22

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts