OECD members - 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 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
