External balance on goods and services as a percent of GDP in Guam
Guam: External balance on goods and services as a percent of GDP was -56.1% in 2022. ▼ Falling
External balance on goods and services as a percent of GDP in Guam, 2002–2022
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Guam is -56.1%, measured in 2022. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 0.8% on the previous year and down 45.3% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Guam peaked at -21.1% in 2005 and was at its lowest, -56.1%, in 2022.
That places Guam 188th out of 191 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
External balance on goods and services as a percent of GDP in Guam, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | -26.3% | — |
| 2003 | -28.7% | +8.8% |
| 2004 | -24.3% | -15.3% |
| 2005 | -21.1% | -13.3% |
| 2006 | -25.3% | +20.4% |
| 2007 | -33.8% | +33.2% |
| 2008 | -36.5% | +8.1% |
| 2009 | -37.3% | +2.2% |
| 2010 | -37.8% | +1.5% |
| 2011 | -40.5% | +7.1% |
| 2012 | -38.6% | -4.8% |
| 2013 | -40.5% | +5.0% |
| 2014 | -40.7% | +0.4% |
| 2015 | -35.2% | -13.5% |
| 2016 | -32.5% | -7.7% |
| 2017 | -31.3% | -3.6% |
| 2018 | -34.5% | +10.0% |
| 2019 | -33.6% | -2.6% |
| 2020 | -50.9% | +51.5% |
| 2021 | -55.6% | +9.4% |
| 2022 | -56.1% | +0.8% |
Guam compared with similar countries
- Guam's -56.1% is below the median for high income countries, which is 2.2%. (72 countries reporting)
- Guam's -56.1% is below the median for East Asia & Pacific, which is -9.4%, 6.0× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -29.2% | -37.3% | -21.1% | 8 |
| 2010s | -36.5% | -40.7% | -31.3% | 10 |
| 2020s | -54.2% | -56.1% | -50.9% | 3 |
Countries ranked near Guam
- 185 Micronesia (country) -48.8% compare
- 186 Afghanistan -52.4%
- 187 Lesotho -54.9% compare
- 189 Somalia -69.6% compare
- 190 East Timor -74.3% compare
- 191 Kiribati -93.1% compare
More economy & growth data for Guam
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5255 constant 2015 US$ per US$ of GDP (2022)
- GDP per capita in international and market dollars 34,628 constant 2015 US$ (2022)
- Gross domestic product (GDP) 5.72 billion constant 2015 US$ (2022)
- Exports of goods and services (current US$), per capita 3,299 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 182.38 % change on previous year (2022)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.66 % change on previous year (2022)
- Imports of goods and services (constant 2015 US$), per capita 21,983 constant 2015 US$ per person (2022)
- External balance on goods and services (current LCU), annual growth -11.73 % change on previous year (2022)
- External balance on goods and services (current US$), annual growth -11.73 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.0789 current US$ per US$ of GDP (2022)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Guam?
- External balance on goods and services as a percent of gdp in Guam was -56.1% in 2022, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Guam?
- The highest recorded value was -21.1% in 2005.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Guam?
- The lowest recorded value was -56.1% in 2022.
- How does Guam rank for external balance on goods and services as a percent of gdp?
- Guam ranks 188th out of 191 countries with data for 2022.
- Is external balance on goods and services as a percent of gdp rising or falling in Guam?
- Over the last ten years it is down 45.3%. The long-run trend across the full record is falling.
- Where does this Guam data come from?
- The figures 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 part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.