Trade balance, percent of GDP - Country rankings

* indicates monthly or quarterly data series

Trade balance as percent of GDP, 2021 - Country rankings:

The average for 2021 based on 160 countries was -5.04 percent.The highest value was in Ireland: 39.38 percent and the lowest value was in Kiribati: -83.09 percent. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.

Measure: percent; Source: The World Bank

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* indicates monthly or quarterly data series

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Countries	Trade balance, percent of GDP, 2021	Global rank	Available data
Ireland	39.38	1	1970 - 2021
Gabon	38.95	2	1960 - 2021
Luxembourg	34.75	3	1970 - 2021
Singapore	31.36	4	1960 - 2021
Angola	28.08	5	2000 - 2021
Bermuda	25.2	6	2010 - 2021
Qatar	24.78	7	1994 - 2021
R. of Congo	21.3	8	1960 - 2021
Zambia	18.16	9	1994 - 2021
Azerbaijan	16.75	10	1990 - 2021
Malta	13.81	11	1970 - 2021
Iraq	13.47	12	1970 - 2021
Brunei	13.21	13	1974 - 2021
Norway	12.26	14	1970 - 2021
Puerto Rico	12.07	15	1971 - 2021
Macao	11.94	16	1982 - 2021
Switzerland	11.89	17	1980 - 2021
Oman	11.14	18	1967 - 2021
Saudi Arabia	10.42	19	1968 - 2021
Netherlands	10.26	20	1969 - 2021
Kazakhstan	9.55	21	1992 - 2021
Russia	9.54	22	1989 - 2021
Panama	9.43	23	1960 - 2021
Eq. Guinea	8.88	24	2005 - 2021
Maldives	7.51	25	1980 - 2021
Denmark	7.14	26	1966 - 2021
Malaysia	7.11	27	1960 - 2021
Slovenia	6.34	28	1995 - 2021
South Africa	6.17	29	1960 - 2021
Uruguay	6.16	30	1960 - 2021
Belarus	5.48	31	1990 - 2021
Germany	5.32	32	1970 - 2021
Hong Kong	4.82	33	1961 - 2021
Lithuania	4.52	34	1995 - 2021
Sweden	4.3	35	1960 - 2021
Australia	4.28	36	1960 - 2021
Israel	3.96	37	1995 - 2021
South Korea	3.58	38	1960 - 2021
Burma	3.48	39	2010 - 2021
Poland	3.38	40	1995 - 2021
Argentina	3.09	41	1960 - 2021
Czechia	2.96	42	1990 - 2021
Cyprus	2.92	43	1975 - 2021
Indonesia	2.7	44	1960 - 2021
Peru	2.67	45	1960 - 2021
China	2.61	46	1960 - 2021
Italy	2.36	47	1970 - 2021
Bulgaria	1.68	48	1980 - 2021
Costa Rica	1.66	49	1960 - 2021
Spain	1.49	50	1970 - 2021
Ghana	1.39	51	1960 - 2021
Iran	1.3	52	1960 - 2021
Paraguay	1.16	53	1962 - 2021
Belgium	1.05	54	1970 - 2021
Brazil	1.02	55	1960 - 2021
Ecuador	0.99	56	1960 - 2021
Aruba	0.66	57	1995 - 2021
Austria	0.58	58	1970 - 2021
Faroe Isl.	0.48	59	1998 - 2021
Sudan	0.38	60	1960 - 2021
Hungary	0.3	61	1991 - 2021
DR Congo	0.29	62	1994 - 2021
Finland	0.23	63	1970 - 2021
Algeria	0.2	64	1960 - 2021
Ivory Coast	0.2	65	1960 - 2021
Vietnam	0.12	66	1986 - 2021
Canada	0.1	67	1961 - 2021
Slovakia	-0.22	68	1990 - 2021
Turkey	-0.23	69	1960 - 2021
Thailand	-0.24	70	1960 - 2021
Estonia	-0.36	71	1995 - 2021
Japan	-0.52	72	1970 - 2021
Chile	-0.65	73	1960 - 2021
UK	-0.77	74	1970 - 2021
Swaziland	-0.86	75	1960 - 2021
Nigeria	-1.1	76	1960 - 2021
Ukraine	-1.12	77	1989 - 2021
Croatia	-1.47	78	1995 - 2021
Mexico	-1.51	79	1960 - 2021
Iceland	-1.79	80	1970 - 2021
France	-1.94	81	1960 - 2021
Mongolia	-2	82	1981 - 2021
India	-2.49	83	1960 - 2021
Tanzania	-2.72	84	1990 - 2021
Portugal	-2.98	85	1970 - 2021
Cambodia	-3.01	86	1960 - 2021
Bolivia	-3.37	87	1960 - 2021
Latvia	-3.43	88	1995 - 2021
Belize	-3.63	89	1980 - 2021
Cameroon	-3.65	90	1965 - 2021
USA	-3.7	91	1970 - 2021
Guinea	-3.75	92	1986 - 2021
New Zealand	-4.03	93	1971 - 2021
Botswana	-5.25	94	1960 - 2021
Chad	-5.48	95	1960 - 2021
Zimbabwe	-5.49	96	1975 - 2021
Romania	-5.66	97	1990 - 2021
Benin	-5.83	98	1960 - 2021
Bangladesh	-6.4	99	1960 - 2021
Sri Lanka	-7.36	100	1960 - 2021
Greece	-7.71	101	1960 - 2021
Serbia	-7.8	102	1995 - 2021
Colombia	-8.03	103	1960 - 2021
Seychelles	-8.12	104	1976 - 2021
Madagascar	-8.37	105	1960 - 2021
Armenia	-8.49	106	1990 - 2021
Pakistan	-8.93	107	1960 - 2021
Ethiopia	-9.07	108	2011 - 2021
Morocco	-9.09	109	1960 - 2021
Egypt	-9.18	110	1960 - 2021
Domin. Rep.	-9.23	111	1960 - 2021
Kenya	-9.53	112	1960 - 2021
Mauritius	-9.71	113	1976 - 2021
Barbados	-10.1	114	1975 - 2021
Tunisia	-10.1	115	1965 - 2021
Uganda	-10.15	116	1960 - 2021
Mali	-10.63	117	1967 - 2021
Togo	-10.91	118	1960 - 2021
Bosnia & Herz.	-11.9	119	1994 - 2021
Philippines	-12.02	120	1981 - 2021
Nicaragua	-12.55	121	1960 - 2021
Solomon Isl.	-12.62	122	1980 - 2021
Albania	-13.29	123	1980 - 2021
Guatemala	-14.28	124	1960 - 2021
Bahamas	-14.64	125	1977 - 2021
Rwanda	-15.72	126	1960 - 2021
North Macedonia	-16.04	127	1990 - 2021
Namibia	-16.25	128	1980 - 2021
C.A. Republic	-16.31	129	1960 - 2021
Uzbekistan	-16.4	130	1997 - 2021
Georgia	-16.45	131	1987 - 2021
Niger	-16.94	132	1960 - 2021
Jamaica	-18.2	133	1960 - 2021
Senegal	-18.63	134	1960 - 2021
Burundi	-18.82	135	1960 - 2021
Montenegro	-19.36	136	2000 - 2021
Comoros	-20.66	137	1980 - 2021
Jordan	-20.83	138	1976 - 2021
Bhutan	-20.91	139	1980 - 2021
Mauritania	-21.49	140	1961 - 2021
Haiti	-22.82	141	1988 - 2021
Honduras	-23.45	142	1960 - 2021
Sierra Leone	-24.53	143	1964 - 2021
El Salvador	-25.27	144	1965 - 2021
Lebanon	-26.78	145	1989 - 2021
Fiji	-27.27	146	1980 - 2021
Moldova	-27.37	147	1995 - 2021
Gambia	-29.15	148	1966 - 2021
Kyrgyzstan	-29.76	149	1990 - 2021
Cape Verde	-33.39	150	1980 - 2021
Nepal	-33.39	151	1965 - 2021
Vanuatu	-33.48	152	1980 - 2021
Mozambique	-37.45	153	1991 - 2021
Samoa	-37.52	154	2002 - 2021
Palestine	-39.17	155	1994 - 2021
Lesotho	-45.61	156	1960 - 2021
Micronesia	-45.84	157	1983 - 2021
Tonga	-48.32	158	1975 - 2021
Somalia	-65.71	159	1960 - 2021
Kiribati	-83.09	160	1972 - 2021

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).

1. Ireland

2. Gabon

3. Luxembourg

4. Singapore

5. Angola

6. Bermuda

7. Qatar

8. R. of Congo

9. Zambia

10. Azerbaijan

11. Malta

12. Iraq

13. Brunei

14. Norway

15. Puerto Rico

16. Macao

17. Switzerland

18. Oman

19. Saudi Arabia

20. Netherlands

21. Kazakhstan

22. Russia

23. Panama

24. Eq. Guinea

25. Maldives

26. Denmark

27. Malaysia

28. Slovenia

29. South Africa

30. Uruguay

31. Belarus

32. Germany

33. Hong Kong

34. Lithuania

35. Sweden

36. Australia

37. Israel

38. South Korea

39. Burma

40. Poland

41. Argentina

42. Czechia

43. Cyprus

44. Indonesia

45. Peru

46. China

47. Italy

48. Bulgaria

49. Costa Rica

50. Spain

51. Ghana

52. Iran

53. Paraguay

54. Belgium

55. Brazil

56. Ecuador

57. Aruba

58. Austria

59. Faroe Isl.

60. Sudan

61. Hungary

62. DR Congo

63. Finland

64. Algeria

65. Ivory Coast

66. Vietnam

67. Canada

68. Slovakia

69. Turkey

70. Thailand

71. Estonia

72. Japan

73. Chile

74. UK

75. Swaziland

76. Nigeria

77. Ukraine

78. Croatia

79. Mexico

80. Iceland

81. France

82. Mongolia

83. India

84. Tanzania

85. Portugal

86. Cambodia

87. Bolivia

88. Latvia

89. Belize

90. Cameroon

91. USA

92. Guinea

93. New Zealand

94. Botswana

95. Chad

96. Zimbabwe

97. Romania

98. Benin

99. Bangladesh

100. Sri Lanka

101. Greece

102. Serbia

103. Colombia

104. Seychelles

105. Madagascar

106. Armenia

107. Pakistan

108. Ethiopia

109. Morocco

110. Egypt

111. Domin. Rep.

112. Kenya

113. Mauritius

114. Barbados

115. Tunisia

116. Uganda

117. Mali

118. Togo

119. Bosnia & Herz.

120. Philippines

121. Nicaragua

122. Solomon Isl.

123. Albania

124. Guatemala

125. Bahamas

126. Rwanda

127. North Macedonia

128. Namibia

129. C.A. Republic

130. Uzbekistan

131. Georgia

132. Niger

133. Jamaica

134. Senegal

135. Burundi

136. Montenegro

137. Comoros

138. Jordan

139. Bhutan

140. Mauritania

141. Haiti

142. Honduras

143. Sierra Leone

144. El Salvador

145. Lebanon

146. Fiji

147. Moldova

148. Gambia

149. Kyrgyzstan

150. Cape Verde

151. Nepal

152. Vanuatu

153. Mozambique

154. Samoa

155. Palestine

156. Lesotho

157. Micronesia

158. Tonga

159. Somalia

160. Kiribati

39.38

38.95

34.75

31.36

28.08

25.20

24.78

21.30

18.16

16.75

13.81

13.47

13.21

12.26

12.07

11.94

11.89

11.14

10.42

10.26

9.55

9.54

9.43

8.88

7.51

7.14

7.11

6.34

6.17

6.16

5.48

5.32

4.82

4.52

4.30

4.28

3.96

3.58

3.48

3.38

3.09

2.96

2.92

2.70

2.67

2.61

2.36

1.68

1.66

1.49

1.39

1.30

1.16

1.05

1.02

0.99

0.66

0.58

0.48

0.38

0.30

0.29

0.23

0.20

0.12

0.10

-0.22

-0.23

-0.24

-0.36

-0.52

-0.65

-0.77

-0.86

-1.10

-1.12

-1.47

-1.51

-1.79

-1.94

-2.00

-2.49

-2.72

-2.98

-3.01

-3.37

-3.43

-3.63

-3.65

-3.70

-3.75

-4.03

-5.25

-5.48

-5.49

-5.66

-5.83

-6.40

-7.36

-7.71

-7.80

-8.03

-8.12

-8.37

-8.49

-8.93

-9.07

-9.09

-9.18

-9.23

-9.53

-9.71

-10.10

-10.15

-10.63

-10.91

-11.90

-12.02

-12.55

-12.62

-13.29

-14.28

-14.64

-15.72

-16.04

-16.25

-16.31

-16.40

-16.45

-16.94

-18.20

-18.63

-18.82

-19.36

-20.66

-20.83

-20.91

-21.49

-22.82

-23.45

-24.53

-25.27

-26.78

-27.27

-27.37

-29.15

-29.76

-33.39

-33.48

-37.45

-37.52

-39.17

-45.61

-45.84

-48.32

-65.71

-83.09

-52.5

-21.9

8.8

39.38

Trade balance, percent of GDP in Europe
Trade balance, percent of GDP in Asia
Trade balance, percent of GDP in Africa
Trade balance, percent of GDP in North America
Trade balance, percent of GDP in South America
Trade balance, percent of GDP in Australia
Trade balance, percent of GDP in the European union
Trade balance, percent of GDP in Sub Sahara Africa
Trade balance, percent of GDP in MENA
Trade balance, percent of GDP in South East Asia
Trade balance, percent of GDP in Latin America

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