Nicaragua vs Philippines: External balance on goods and services as a percent of GDP

Nicaragua
-13.3%
in 2025
Philippines
-13.7%
in 2025
Nicaragua rank
142nd
Philippines rank
145th

External balance on goods and services as a percent of GDP over time

  • Nicaragua
  • Philippines
-40-20020196019922025

How they compare

Nicaragua currently reports -13.3% against -13.7% in Philippines, a difference of 0.4%.

The two have swapped places 5 times across 45 shared years of data; in 1981 it was Philippines ahead.

Nicaragua ranks 142nd and Philippines ranks 145th of 191 countries.

Philippines has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Nicaragua Philippines Difference Ahead
1980s -15.9% -1.2% 14.7% Philippines
1990s -21.8% -4.3% 17.4% Philippines
2000s -22.5% -1.0% 21.5% Philippines
2010s -16.0% -5.8% 10.2% Philippines
2020s -13.0% -12.9% 0.1% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Nicaragua or Philippines?
Nicaragua, at -13.3% against -13.7% in Philippines as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Nicaragua and Philippines?
0.4%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Philippines?
45 years are reported by both, from 1981 to 2025.
How do Nicaragua and Philippines rank globally for external balance on goods and services as a percent of gdp?
Nicaragua ranks 142nd and Philippines ranks 145th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs Philippines: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/nicaragua/philippines/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.