External balance on goods and services as a percent of GDP in Naoero
Naoero: External balance on goods and services as a percent of GDP was -41.9% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Naoero, 2008–2025
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
Naoero recorded -41.9% for external balance on goods and services as a percent of gdp in 2025.
That represents a change of up 21.7% on the previous year and up 26.3% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Naoero peaked at 22.8% in 2013 and was at its lowest, -57.8%, in 2021.
That places Naoero 181st out of 191 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Naoero, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 16.7% | — |
| 2009 | 21.7% | +30.0% |
| 2010 | 3.7% | -82.9% |
| 2011 | -6.1% | -263.6% |
| 2012 | 16.3% | -369.4% |
| 2013 | 22.8% | +39.8% |
| 2014 | 0.9% | -95.9% |
| 2015 | -56.9% | -6241.2% |
| 2016 | -25.4% | -55.4% |
| 2017 | -22.1% | -13.0% |
| 2018 | -31.2% | +41.5% |
| 2019 | -35.1% | +12.5% |
| 2020 | -47.8% | +36.2% |
| 2021 | -57.8% | +20.8% |
| 2022 | -50.4% | -12.8% |
| 2023 | -53.3% | +5.9% |
| 2024 | -53.5% | +0.3% |
| 2025 | -41.9% | -21.7% |
Naoero compared with similar countries
- Naoero's -41.9% is below the median for high income countries, which is 2.2%. (72 countries reporting)
- Naoero's -41.9% is below the median for East Asia & Pacific, which is -9.4%, 4.5× the median. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of GDP in Naoero changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -6241.2% | 0.9% | -56.9% |
| 2012 | +369.4% | -6.1% | 16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.2% | 16.7% | 21.7% | 2 |
| 2010s | -13.3% | -56.9% | 22.8% | 10 |
| 2020s | -50.8% | -57.8% | -41.9% | 6 |
Countries ranked near Naoero
- 178 Kyrgyzstan -38.8% compare
- 179 Cuba -39.9% compare
- 180 Palau -40.4% compare
- 182 Tonga -43.8% compare
- 183 Marshall Islands -43.8% compare
- 184 Northern Mariana Islands -48.6% compare
More economy & growth data for Naoero
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.827 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2806 Percent per annum (2029)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
- GNI (current US$), annual growth rate -2.66 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7399 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 10,832 constant LCU per person (2025)
- GNI, Atlas method (current US$), per capita 20,690 current US$ per person (2025)
- GDP (current US$), per capita 14,640 current US$ per person (2025)
- GNI, Atlas method (current US$), annual growth rate -5.08 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.41 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Naoero?
- External balance on goods and services as a percent of gdp in Naoero was -41.9% in 2025, 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 Naoero?
- The highest recorded value was 22.8% in 2013.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Naoero?
- The lowest recorded value was -57.8% in 2021.
- How does Naoero rank for external balance on goods and services as a percent of gdp?
- Naoero ranks 181st out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Naoero?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this Naoero 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.