Trade balance, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Trade balance as percent of GDP, 2020 - Country rankings:
The average for 2020 based on 139 countries was -5.58 percent.The highest value was in Luxembourg: 38.72 percent and the lowest value was in Somalia: -91.14 percent. The indicator is available from 1960 to 2020. 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
38.72
31.92
29.97
27.00
25.27
16.05
13.11
10.62
10.29
9.88
9.65
9.61
7.95
6.90
6.76
6.49
6.44
5.82
5.25
4.96
4.94
4.93
4.42
4.39
4.38
4.38
4.33
4.17
3.85
3.77
3.72
3.66
3.18
3.12
2.92
2.73
2.49
2.38
2.20
2.16
2.08
2.06
1.82
1.78
1.70
1.51
1.49
1.39
1.23
1.16
1.15
0.81
0.45
0.39
0.30
0.14
-0.29
-0.32
-0.36
-0.59
-0.59
-0.77
-1.01
-1.05
-1.45
-1.64
-1.97
-2.01
-2.17
-2.21
-3.13
-3.76
-3.99
-4.46
-4.67
-4.83
-5.09
-5.71
-6.09
-6.22
-6.29
-6.36
-6.40
-7.04
-7.05
-7.09
-7.23
-7.55
-7.59
-7.70
-7.72
-7.74
-7.80
-8.05
-8.39
-8.40
-8.53
-8.64
-8.90
-8.90
-9.29
-9.84
-10.42
-11.05
-12.79
-14.17
-14.47
-14.62
-14.83
-14.86
-15.30
-16.28
-16.70
-17.17
-17.20
-17.93
-17.94
-18.13
-18.37
-18.56
-18.72
-19.34
-20.33
-21.17
-22.46
-22.93
-23.58
-24.05
-24.50
-27.13
-31.30
-33.69
-34.19
-34.77
-34.99
-35.04
-46.28
-65.93
-91.14
-91.14
-58.7
-26.2
6.3
38.72
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).
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