Low income - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Low income was -11.77 as of 2020. Its highest value over the past 12 years was -3.90 in 2008, while its lowest value was -16.58 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 |
---|---|
2008 | -3.90 |
2009 | -7.14 |
2010 | -5.60 |
2011 | -8.88 |
2012 | -14.58 |
2013 | -16.58 |
2014 | -14.09 |
2015 | -14.88 |
2016 | -16.27 |
2017 | -13.73 |
2018 | -14.45 |
2019 | -13.92 |
2020 | -11.77 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts