Other small states - External balance on goods and services

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Other small states was 1.84 as of 2020. Its highest value over the past 26 years was 25.06 in 2011, while its lowest value was -3.28 in 1998.

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
1994 1.39
1995 0.57
1996 1.19
1997 1.49
1998 -3.28
1999 6.40
2000 14.77
2001 12.60
2002 10.32
2003 10.40
2004 11.78
2005 13.69
2006 12.27
2007 11.11
2008 16.19
2009 9.73
2010 18.00
2011 25.06
2012 24.67
2013 23.47
2014 20.86
2015 10.49
2016 3.76
2017 7.44
2018 9.99
2019 7.45
2020 1.84

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts