Zambia - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Zambia was $2,581,642,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $2,581,642,000 in 2020 and ($1,187,596,000) in 2015.

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). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 ($27,417,690)
1995 ($130,381,400)
1996 ($246,901,200)
1997 ($151,920,800)
1998 ($248,160,700)
1999 ($329,983,200)
2000 ($451,516,500)
2001 ($591,606,800)
2002 ($446,608,500)
2003 ($536,502,300)
2004 ($232,239,700)
2005 ($81,557,140)
2006 $934,962,800
2007 $198,333,500
2008 ($289,469,900)
2009 $364,908,700
2010 $1,246,524,000
2011 $1,109,100,000
2012 $271,637,600
2013 $142,825,400
2014 $393,793,700
2015 ($1,187,596,000)
2016 ($693,557,800)
2017 ($413,972,200)
2018 $270,072,600
2019 $112,156,700
2020 $2,581,642,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Zambia was 47,357,900,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 47,357,900,000 in 2020 and a minimum value of -10,248,000,000 in 2015.

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). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 -18,353,400
1995 -112,662,600
1996 -298,231,900
1997 -199,699,900
1998 -462,100,000
1999 -787,999,900
2000 -1,404,578,000
2001 -2,136,233,000
2002 -1,964,452,000
2003 -2,539,426,000
2004 -1,109,850,000
2005 -364,030,300
2006 3,368,764,000
2007 793,829,900
2008 -1,084,267,000
2009 1,841,366,000
2010 5,979,700,000
2011 5,391,000,000
2012 1,398,200,000
2013 770,900,000
2014 2,423,800,000
2015 -10,248,000,000
2016 -7,151,136,000
2017 -3,939,981,000
2018 2,824,500,000
2019 1,445,700,000
2020 47,357,900,000

External balance on goods and services (constant LCU)

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). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 5,979,700,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Zambia was 14.25 as of 2020. Its highest value over the past 26 years was 14.25 in 2020, while its lowest value was -14.45 in 2001.

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 -0.75
1995 -3.42
1996 -6.86
1997 -3.53
1998 -7.01
1999 -9.69
2000 -12.54
2001 -14.45
2002 -10.65
2003 -10.94
2004 -3.73
2005 -0.98
2006 7.33
2007 1.41
2008 -1.62
2009 2.38
2010 6.15
2011 4.73
2012 1.07
2013 0.51
2014 1.45
2015 -5.59
2016 -3.31
2017 -1.60
2018 1.03
2019 0.48
2020 14.25

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts