Latin America & the Caribbean (IDA & IBRD countries) vs Switzerland: External balance on goods and services

Latin America & the Caribbean (IDA & IBRD countries)
-0.2%
in 2025
Switzerland
8.9%
in 2025
Latin America & the Caribbean (IDA & IBRD countries) rank
24th
Switzerland rank
24th

External balance on goods and services over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Switzerland
-5051015196019922025

How they compare

Switzerland currently reports 8.9% against -0.2% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 9.1%.

That makes Switzerland's figure about 37.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 5 times across 56 shared years of data; in 1970 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Latin America & the Caribbean (IDA & IBRD countries) ranks 24th and Switzerland ranks 24th of 44 groups.

Across the 6 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Switzerland in 5.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Switzerland Difference Ahead
1970s -1.4% 1.7% 3.1% Switzerland
1980s 1.5% 0.2% 1.3% Latin America & the Caribbean (IDA & IBRD countries)
1990s -1.1% 2.6% 3.7% Switzerland
2000s 0.5% 6.0% 5.6% Switzerland
2010s -0.9% 9.4% 10.2% Switzerland
2020s -0.6% 10.5% 11.1% Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Latin America & the Caribbean (IDA & IBRD countries) or Switzerland?
Switzerland, at 8.9% against -0.2% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
What is the difference in external balance on goods and services between Latin America & the Caribbean (IDA & IBRD countries) and Switzerland?
9.1%, with Switzerland ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Switzerland?
56 years are reported by both, from 1970 to 2025.
How do Latin America & the Caribbean (IDA & IBRD countries) and Switzerland rank globally for external balance on goods and services?
Latin America & the Caribbean (IDA & IBRD countries) ranks 24th and Switzerland ranks 24th 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.

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Latin America & the Caribbean (IDA & IBRD countries) vs Switzerland: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/switzerland/

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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.