* 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
Select indicator
* indicates monthly or quarterly data series


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).
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
0.20
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
-10.10
-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
-33.39
-33.48
-37.45
-37.52
-39.17
-45.61
-45.84
-48.32
-65.71
-83.09
-83.09
-52.5
-21.9
8.8
39.38
This site uses cookies.
Learn more here


OK