World - External balance on goods and services
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in World was 0.808 as of 2020. Its highest value over the past 50 years was 0.970 in 2012, while its lowest value was -0.746 in 1982.
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 | 0.006 |
| 1971 | 0.104 |
| 1972 | 0.191 |
| 1973 | 0.316 |
| 1974 | -0.111 |
| 1975 | -0.018 |
| 1976 | -0.191 |
| 1977 | -0.365 |
| 1978 | -0.243 |
| 1979 | -0.356 |
| 1980 | -0.467 |
| 1981 | -0.540 |
| 1982 | -0.746 |
| 1983 | -0.583 |
| 1984 | -0.529 |
| 1985 | -0.517 |
| 1986 | -0.409 |
| 1987 | -0.250 |
| 1988 | -0.285 |
| 1989 | -0.389 |
| 1990 | -0.296 |
| 1991 | 0.050 |
| 1992 | 0.393 |
| 1993 | 0.397 |
| 1994 | 0.410 |
| 1995 | 0.410 |
| 1996 | 0.352 |
| 1997 | 0.481 |
| 1998 | 0.382 |
| 1999 | 0.244 |
| 2000 | 0.079 |
| 2001 | -0.048 |
| 2002 | 0.199 |
| 2003 | 0.184 |
| 2004 | 0.278 |
| 2005 | 0.359 |
| 2006 | 0.589 |
| 2007 | 0.679 |
| 2008 | 0.593 |
| 2009 | 0.587 |
| 2010 | 0.826 |
| 2011 | 0.870 |
| 2012 | 0.970 |
| 2013 | 0.960 |
| 2014 | 0.775 |
| 2015 | 0.743 |
| 2016 | 0.719 |
| 2017 | 0.751 |
| 2018 | 0.657 |
| 2019 | 0.536 |
| 2020 | 0.808 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
