External balance on goods and services (% of GDP) by country

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.

Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.

Ranking

Regions and income groups

More economic policy & debt indicators

• Trade in services (% of GDP)
• Communications, computer, etc. (% of service imports, BoP)
• Primary income payments (BoP, current US$)
• Imports of goods and services (current US$, BoP)
• Insurance and financial services (% of service imports, BoP)
• Goods imports (current US$, BoP)
• Service imports (current US$, BoP)
• Charges for the use of intellectual property, payments (BoP, current US$)
• Imports of goods, services and primary income (current US$, BoP)
• Transport services (% of service imports, BoP)
• Travel services (% of service imports, BoP)
• Foreign direct investment, net outflows (BoP, current US$)

Reading data like this

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Source

World Bank, World Development Indicators, NE.RSB.GNFS.ZS, 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) View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.