Latin America & Caribbean (excluding high income) vs Zambia: External balance on goods and services
External balance on goods and services over time
- Latin America & Caribbean (excluding high income)
- Zambia
How they compare
Zambia currently reports 7.4% against -0.7% in Latin America & Caribbean (excluding high income), a difference of 8.1%.
That makes Zambia's figure about 10.2 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 6 times across 31 shared years of data; in 1994 it was Zambia ahead.
Latin America & Caribbean (excluding high income) ranks 28th and Zambia ranks 28th of 44 groups.
Across the 4 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 2 and Zambia in 2.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -1.7% | -5.2% | 3.5% | Latin America & Caribbean (excluding high income) |
| 2000s | 0.2% | -4.4% | 4.5% | Latin America & Caribbean (excluding high income) |
| 2010s | -0.9% | 1.2% | 2.1% | Zambia |
| 2020s | -1.0% | 10.9% | 11.8% | Zambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Latin America & Caribbean (excluding high income) or Zambia?
- Zambia, at 7.4% against -0.7% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in external balance on goods and services between Latin America & Caribbean (excluding high income) and Zambia?
- 8.1%, with Zambia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Zambia?
- 31 years are reported by both, from 1994 to 2024.
- How do Latin America & Caribbean (excluding high income) and Zambia rank globally for external balance on goods and services?
- Latin America & Caribbean (excluding high income) ranks 28th and Zambia ranks 28th of 44 groups.
- 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.
Individual pages
About this data
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.