OECD members - External balance on goods and services
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in OECD members was 0.178 as of 2020. Its highest value over the past 50 years was 0.535 in 1995, while its lowest value was -1.312 in 1980.
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 | 0.066 |
1971 | 0.149 |
1972 | 0.076 |
1973 | -0.146 |
1974 | -1.144 |
1975 | -0.289 |
1976 | -0.709 |
1977 | -0.720 |
1978 | -0.198 |
1979 | -0.980 |
1980 | -1.312 |
1981 | -0.758 |
1982 | -0.527 |
1983 | -0.368 |
1984 | -0.566 |
1985 | -0.544 |
1986 | -0.276 |
1987 | -0.456 |
1988 | -0.391 |
1989 | -0.589 |
1990 | -0.543 |
1991 | -0.025 |
1992 | 0.116 |
1993 | 0.445 |
1994 | 0.409 |
1995 | 0.535 |
1996 | 0.348 |
1997 | 0.483 |
1998 | 0.336 |
1999 | -0.194 |
2000 | -0.761 |
2001 | -0.685 |
2002 | -0.575 |
2003 | -0.690 |
2004 | -0.672 |
2005 | -1.125 |
2006 | -1.270 |
2007 | -0.907 |
2008 | -1.129 |
2009 | -0.128 |
2010 | -0.394 |
2011 | -0.627 |
2012 | -0.355 |
2013 | -0.018 |
2014 | 0.059 |
2015 | 0.193 |
2016 | 0.351 |
2017 | 0.353 |
2018 | 0.215 |
2019 | 0.138 |
2020 | 0.178 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts