North America - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in North America was -3.022 as of 2020. Its highest value over the past 50 years was 0.687 in 1975, while its lowest value was -4.946 in 2006.
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 |
|---|---|
| 1970 | 0.513 |
| 1971 | 0.158 |
| 1972 | -0.189 |
| 1973 | 0.364 |
| 1974 | -0.048 |
| 1975 | 0.687 |
| 1976 | -0.160 |
| 1977 | -1.032 |
| 1978 | -0.960 |
| 1979 | -0.741 |
| 1980 | -0.258 |
| 1981 | -0.288 |
| 1982 | -0.213 |
| 1983 | -1.021 |
| 1984 | -2.055 |
| 1985 | -2.242 |
| 1986 | -2.584 |
| 1987 | -2.638 |
| 1988 | -1.830 |
| 1989 | -1.386 |
| 1990 | -1.164 |
| 1991 | -0.460 |
| 1992 | -0.507 |
| 1993 | -0.864 |
| 1994 | -1.079 |
| 1995 | -0.847 |
| 1996 | -0.811 |
| 1997 | -0.956 |
| 1998 | -1.538 |
| 1999 | -2.270 |
| 2000 | -3.071 |
| 2001 | -2.944 |
| 2002 | -3.463 |
| 2003 | -3.934 |
| 2004 | -4.434 |
| 2005 | -4.871 |
| 2006 | -4.946 |
| 2007 | -4.410 |
| 2008 | -4.374 |
| 2009 | -2.763 |
| 2010 | -3.375 |
| 2011 | -3.450 |
| 2012 | -3.241 |
| 2013 | -2.718 |
| 2014 | -2.713 |
| 2015 | -2.842 |
| 2016 | -2.665 |
| 2017 | -2.709 |
| 2018 | -2.806 |
| 2019 | -2.684 |
| 2020 | -3.022 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
