Niger - 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 Niger was ($2,143,817,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between ($1,370,753) in 1960 and ($2,143,817,000) 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
1960 ($1,370,753)
1961 ($7,695,362)
1962 ($19,483,980)
1963 ($5,928,145)
1964 ($28,161,570)
1965 ($30,509,110)
1966 ($25,514,700)
1967 ($39,571,030)
1968 ($40,621,740)
1969 ($44,532,900)
1970 ($47,627,900)
1971 ($22,424,780)
1972 ($46,653,260)
1973 ($77,795,210)
1974 ($171,389,700)
1975 ($123,191,000)
1976 ($128,531,600)
1977 ($125,102,600)
1978 ($94,006,820)
1979 ($175,703,800)
1980 ($339,700,600)
1981 ($261,498,600)
1982 ($305,203,400)
1983 ($109,798,300)
1984 ($59,400,450)
1985 ($175,098,800)
1986 ($13,165,800)
1987 ($97,775,900)
1988 ($120,600,700)
1989 ($146,000,800)
1990 ($192,459,700)
1991 ($207,013,700)
1992 ($174,164,800)
1993 ($130,667,000)
1994 ($142,650,100)
1995 ($131,277,600)
1996 ($143,093,800)
1997 ($139,676,700)
1998 ($187,139,000)
1999 ($153,889,700)
2000 ($135,253,300)
2001 ($149,421,600)
2002 ($194,663,600)
2003 ($231,963,200)
2004 ($317,643,400)
2005 ($417,506,800)
2006 ($418,107,400)
2007 ($537,024,400)
2008 ($974,246,100)
2009 ($1,437,824,000)
2010 ($1,537,040,000)
2011 ($1,725,401,000)
2012 ($1,214,640,000)
2013 ($1,261,454,000)
2014 ($1,504,504,000)
2015 ($1,567,885,000)
2016 ($1,260,491,000)
2017 ($1,450,766,000)
2018 ($1,852,590,000)
2019 ($1,920,793,000)
2020 ($2,143,817,000)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Niger was -1,233,950,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of -336,101,800 in 1960 and a minimum value of -1,233,950,000,000 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
1960 -336,101,800
1961 -1,887,365,000
1962 -4,773,846,000
1963 -1,452,493,000
1964 -6,900,351,000
1965 -7,476,590,000
1966 -6,268,410,000
1967 -9,734,510,000
1968 -10,056,510,000
1969 -11,576,800,000
1970 -13,164,500,000
1971 -6,174,810,000
1972 -11,757,910,000
1973 -17,339,710,000
1974 -41,254,300,000
1975 -26,401,430,000
1976 -30,712,700,000
1977 -30,735,170,000
1978 -21,213,190,000
1979 -37,376,000,000
1980 -71,771,820,000
1981 -71,057,390,000
1982 -100,292,000,000
1983 -41,840,390,000
1984 -25,955,420,000
1985 -78,665,420,000
1986 -4,559,393,000
1987 -29,385,240,000
1988 -35,920,710,000
1989 -46,575,460,000
1990 -52,400,000,000
1991 -58,400,000,000
1992 -46,100,000,000
1993 -37,000,000,000
1994 -79,200,000,000
1995 -65,527,000,000
1996 -73,200,000,000
1997 -81,525,000,000
1998 -110,403,000,000
1999 -94,715,000,000
2000 -96,058,000,000
2001 -109,436,000,000
2002 -135,041,000,000
2003 -134,515,000,000
2004 -167,505,000,000
2005 -220,134,000,000
2006 -218,430,000,000
2007 -257,038,000,000
2008 -434,514,000,000
2009 -676,199,000,000
2010 -760,519,000,000
2011 -813,093,000,000
2012 -620,142,000,000
2013 -623,032,000,000
2014 -742,860,000,000
2015 -926,952,000,000
2016 -746,974,000,000
2017 -842,397,000,000
2018 -1,029,010,000,000
2019 -1,125,410,000,000
2020 -1,233,950,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Niger was -1,222,700,000,000 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of -757,983,000,000 in 2016 and a minimum value of -1,222,700,000,000 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
2015 -926,952,000,000
2016 -757,983,000,000
2017 -822,653,000,000
2018 -1,014,540,000,000
2019 -1,119,300,000,000
2020 -1,222,700,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Niger was -15.601 as of 2020. Its highest value over the past 60 years was -0.305 in 1960, while its lowest value was -19.667 in 2011.

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 -0.305
1961 -1.584
1962 -3.664
1963 -1.011
1964 -4.832
1965 -4.531
1966 -3.633
1967 -5.945
1968 -6.335
1969 -7.115
1970 -7.328
1971 -3.233
1972 -6.281
1973 -8.220
1974 -16.702
1975 -11.747
1976 -12.074
1977 -9.687
1978 -5.298
1979 -8.330
1980 -13.542
1981 -12.046
1982 -15.127
1983 -6.089
1984 -4.065
1985 -12.155
1986 -0.691
1987 -4.379
1988 -5.289
1989 -6.699
1990 -5.480
1991 -6.300
1992 -5.143
1993 -4.280
1994 -7.360
1995 -5.701
1996 -5.948
1997 -6.099
1998 -7.080
1999 -6.064
2000 -6.033
2001 -6.102
2002 -6.997
2003 -6.834
2004 -8.447
2005 -9.525
2006 -8.790
2007 -9.370
2008 -13.350
2009 -19.557
2010 -19.577
2011 -19.667
2012 -12.885
2013 -12.337
2014 -13.850
2015 -16.191
2016 -12.121
2017 -12.971
2018 -14.464
2019 -14.871
2020 -15.601

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts