Ireland vs Small states: External balance on goods and services

Ireland
40.2%
in 2025
Small states
4.7%
in 2025
Ireland rank
2nd
Small states rank
2nd

External balance on goods and services over time

  • Ireland
  • Small states
-2002040197019972025

How they compare

Ireland currently reports 40.2% against 4.7% in Small states, a difference of 35.5%.

That makes Ireland's figure about 8.5 times Small states's.

The two have swapped places 2 times across 33 shared years of data; in 1993 it was Ireland ahead.

Ireland ranks 2nd and Small states ranks 2nd of 193 countries.

Ireland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Ireland Small states Difference Ahead
1990s 11.1% -2.4% 13.5% Ireland
2000s 12.5% 0.2% 12.3% Ireland
2010s 19.7% 4.9% 14.9% Ireland
2020s 36.5% 4.0% 32.6% Ireland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Ireland or Small states?
Ireland, at 40.2% against 4.7% in Small states as of 2025.
What is the difference in external balance on goods and services between Ireland and Small states?
35.5%, with Ireland ahead.
How many years of comparable data are there for Ireland and Small states?
33 years are reported by both, from 1993 to 2025.
How do Ireland and Small states rank globally for external balance on goods and services?
Ireland ranks 2nd and Small states ranks 2nd of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ireland vs Small states: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/ireland/small-states/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

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.