Economic Policy & Debt · Northern Mariana Islands
Yearly data from 2002 to 2022, from the World Bank.
Northern Mariana Islands's external balance on goods and services (current LCU) was -533 million in 2022, the latest year in the World Bank's World Development Indicators. That is down 438.38% from -99 million in 2012.
| Value | Year | |
|---|---|---|
| Latest | -533 million | 2022 |
| Five years earlier | 112 million | 2017 |
| Ten years earlier | -99 million | 2012 |
| Highest | 387 million | 2002 |
| Lowest | -611 million | 2021 |
| Average since 2013 | -230.3 million | 2013–2022 |
| First recorded | 387 million | 2002 |
Over five years it is down 575.89% from 112 million in 2017. Since 2002 it is down 237.73% from 387 million in 2002.
In 2022, Northern Mariana Islands' external balance on goods and services (current LCU) rose 78 million on 2021 (from -611 million to -533 million).
Across the 19 yearly changes before that (2003 to 2021), the average change was −52.53 million and a typical year strayed about 98.6 million from that (the standard deviation). This year's change was 1.3 standard deviations above 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 228 million in 2017 and the biggest yearly fall was 207 million in 2018. 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 54.78 million a year. A straight line explains 55% 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.
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 series is expressed in local currency units.
| Year | External balance on goods and services (current LCU) |
|---|---|
| 2022 | -533,000,000 |
| 2021 | -611,000,000 |
| 2020 | -428,000,000 |
| 2019 | -233,000,000 |
| 2018 | -95,000,000 |
| 2017 | 112,000,000 |
| 2016 | -116,000,000 |
| 2015 | -153,000,000 |
| 2014 | -123,000,000 |
| 2013 | -123,000,000 |
| 2012 | -99,000,000 |
| 2011 | -132,000,000 |
| 2010 | -70,000,000 |
| 2009 | -48,000,000 |
| 2008 | 29,000,000 |
| 2007 | 48,000,000 |
| 2006 | 77,000,000 |
| 2005 | 182,000,000 |
| 2004 | 281,000,000 |
| 2003 | 344,000,000 |
| 2002 | 387,000,000 |
Every indicator for Northern Mariana Islands is on the Northern Mariana Islands data page.
World Bank, World Development Indicators, indicator NE.RSB.GNFS.CN, 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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