Guam's external balance on goods and services (% of GDP) was -56.09% in 2022, the latest year in the World Bank's World Development Indicators. That is down 17.48 percentage points from -38.61% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -56.09% | 2022 |
| Five years earlier | -31.32% | 2017 |
| Ten years earlier | -38.61% | 2012 |
| Highest | -21.05% | 2005 |
| Lowest | -56.09% | 2022 |
| Average since 2013 | -41.08% | 2013–2022 |
| First recorded | -26.34% | 2002 |
What the numbers say
In 2022, Guam's external balance on goods and services (% of GDP) fell 0.45 percentage points on 2021 (from -55.65% to -56.09%).
Across the 19 yearly changes before that (2003 to 2021), the average change was −1.54 percentage points and a typical year strayed about 5.13 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 5.48 percentage points in 2015 and the biggest yearly fall was 17.3 percentage points 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 2 percentage points a year. A straight line explains 39% 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.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Guam | -56.09% | 2022 |
| World | 0.98% | 2025 |
| East Asia & Pacific | 4.08% | 2025 |
| High income | 0.93% | 2025 |
Closest to Guam in the 2022 ranking
- Syrian Arab Republic — 3rd of 6: -21.88%
- American Samoa — 4th of 6: -30.77%
- Northern Mariana Islands — 5th of 6: -48.63%
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 21 values
| Year | External balance on goods and services (% of GDP) |
|---|---|
| 2022 | -56.09 |
| 2021 | -55.65 |
| 2020 | -50.86 |
| 2019 | -33.56 |
| 2018 | -34.46 |
| 2017 | -31.32 |
| 2016 | -32.49 |
| 2015 | -35.2 |
| 2014 | -40.68 |
| 2013 | -40.53 |
| 2012 |
External balance on goods and services (% of GDP) in nearby economies
- American Samoa — -30.77% (2022)
- Australia — 0.59% (2025)
- Brunei Darussalam — 19.53% (2025)
- Cambodia — 1.2% (2025)
- China — 4.19% (2025)
- Fiji — -10.15% (2024)
- French Polynesia — -27.83% (2024)
- Hong Kong SAR, China — 2.87% (2025)
- Indonesia — 2.3% (2025)
- Japan
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 (% of GDP)?
- -56.09% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 29.75 percentage points from -26.34% in 2002. The highest value was -21.05% in 2005 and the lowest -56.09% in 2022.
- Is the latest change in external balance on goods and services (% of GDP) unusual for Guam?
- In 2022, Guam's external balance on goods and services (% of GDP) fell 0.45 percentage points on 2021 (from -55.65% to -56.09%). Across the 19 yearly changes before that (2003 to 2021), the average change was −1.54 percentage points and a typical year strayed about 5.13 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.RSB.GNFS.ZS, 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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