Guam's external balance on goods and services (current US$) was −US$3.88 billion in 2022, the latest year in the World Bank's World Development Indicators. That is down 90.65% from −US$2.03 billion in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$3.88 billion | 2022 |
| Five years earlier | −US$1.88 billion | 2017 |
| Ten years earlier | −US$2.03 billion | 2012 |
| Highest | −US$887 million | 2005 |
| Lowest | −US$3.88 billion | 2022 |
| Average since 2013 | −US$2.49 billion | 2013–2022 |
| First recorded | −US$894 million |
What the numbers say
In 2022, Guam's external balance on goods and services (current US$) fell US$407 million on 2021 (from −US$3.47 billion to −US$3.88 billion).
Across the 19 yearly changes before that (2003 to 2021), the average change was −US$135.53 million and a typical year strayed about US$246.55 million from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$241 million in 2015 and the biggest yearly fall was US$876 million in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is downward, about US$176.92 million a year. A straight line explains 58% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Guam in the 2022 ranking
- American Samoa — 2nd of 6: −US$268 million
- Virgin Islands (US) — 3rd of 6: −US$509 million
- Northern Mariana Islands — 4th of 6: −US$533 million
- Syrian Arab Republic — 6th of 6: −US$5.19 billion
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 21 values
| Year | External balance on goods and services (current US$) |
|---|---|
| 2022 | -3,876,000,000 |
| 2021 | -3,469,000,000 |
| 2020 | -3,009,000,000 |
| 2019 | -2,133,000,000 |
| 2018 | -2,085,000,000 |
| 2017 | -1,883,000,000 |
| 2016 | -1,917,000,000 |
| 2015 | -2,041,000,000 |
| 2014 | -2,282,000,000 |
| 2013 | -2,188,000,000 |
External balance on goods and services (current US$) in nearby economies
- American Samoa — −US$268 million (2022)
- Australia — US$10.57 billion (2025)
- Brunei Darussalam — US$2.94 billion (2025)
- Cambodia — US$616.89 million (2025)
- China — US$816.19 billion (2025)
- Fiji — −US$605.83 million (2024)
- French Polynesia — −US$1.76 billion (2024)
- Hong Kong SAR, China — US$12.26 billion (2025)
- Indonesia — US$33.28 billion (2025)
More economic policy & debt data for Guam
- Adjusted savings, education expenditure (% of GNI) — 8.32% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, carbon dioxide damage (current US$) — US$82.6 million (2021)
- Adjusted savings, energy depletion (current US$) — US$0 (2021)
- Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) — 21,095 (2022)
- Households and NPISHs final consumption expenditure (current US$) — US$4.14 billion (2022)
- Households and NPISHs final consumption expenditure (current LCU) — 4.14 billion (2022)
- Households and NPISHs final consumption expenditure, linked series (current LCU) — 4.14 billion (2022)
Reading data like this
Questions people ask
- What is Guam's external balance on goods and services (current US$)?
- −US$3.88 billion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 333.56% from −US$894 million in 2002. The highest value was −US$887 million in 2005 and the lowest −US$3.88 billion in 2022.
- Is the latest change in external balance on goods and services (current US$) unusual for Guam?
- In 2022, Guam's external balance on goods and services (current US$) fell US$407 million on 2021 (from −US$3.47 billion to −US$3.88 billion). Across the 19 yearly changes before that (2003 to 2021), the average change was −US$135.53 million and a typical year strayed about US$246.55 million from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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