Small states - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Small states was -0.39 as of 2020. Its highest value over the past 26 years was 20.52 in 2011, while its lowest value was -4.82 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:

1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
-10.00
-5.00
0.00
5.00
10.00
15.00
20.00
25.00
Year Value
1994 0.08
1995 -1.38
1996 -1.03
1997 -1.01
1998 -4.82
1999 2.86
2000 8.71
2001 6.66
2002 5.46
2003 6.09
2004 7.47
2005 8.74
2006 7.33
2007 6.92
2008 11.25
2009 6.22
2010 13.89
2011 20.52
2012 20.38
2013 19.35
2014 17.08
2015 7.54
2016 1.60
2017 4.80
2018 7.33
2019 4.88
2020 -0.39

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts