External balance on goods and services as a percent of GDP in Northern Mariana Islands
Northern Mariana Islands: External balance on goods and services as a percent of GDP was -48.6% in 2022. ◆ Volatile
External balance on goods and services as a percent of GDP in Northern Mariana Islands, 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
In 2022, external balance on goods and services as a percent of gdp in Northern Mariana Islands stood at -48.6%.
The figure is up 27.3% on the previous year and down 266.5% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Northern Mariana Islands peaked at 30.1% in 2002 and was at its lowest, -66.8%, in 2021.
That places Northern Mariana Islands 184th out of 191 countries with data for 2022, 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 Northern Mariana Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 30.1% | — |
| 2003 | 27.8% | -7.9% |
| 2004 | 23.2% | -16.4% |
| 2005 | 17.2% | -26.1% |
| 2006 | 7.8% | -54.7% |
| 2007 | 5.1% | -34.2% |
| 2008 | 3.1% | -39.6% |
| 2009 | -6.0% | -295.5% |
| 2010 | -8.8% | +45.1% |
| 2011 | -18.1% | +106.7% |
| 2012 | -13.3% | -26.7% |
| 2013 | -15.9% | +20.1% |
| 2014 | -14.8% | -7.2% |
| 2015 | -16.8% | +13.7% |
| 2016 | -9.4% | -43.9% |
| 2017 | 7.2% | -176.1% |
| 2018 | -7.3% | -201.7% |
| 2019 | -19.8% | +170.6% |
| 2020 | -49.4% | +150.1% |
| 2021 | -66.8% | +35.3% |
| 2022 | -48.6% | -27.3% |
Northern Mariana Islands compared with similar countries
- Northern Mariana Islands's -48.6% is below the median for high income countries, which is 2.2%. (72 countries reporting)
- Northern Mariana Islands's -48.6% is below the median for East Asia & Pacific, which is -9.4%, 5.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.5% | -6.0% | 30.1% | 8 |
| 2010s | -11.7% | -19.8% | 7.2% | 10 |
| 2020s | -55.0% | -66.8% | -48.6% | 3 |
Countries ranked near Northern Mariana Islands
- 181 Nauru -41.9% compare
- 182 Tonga -43.8% compare
- 183 Marshall Islands -43.8% compare
- 185 Micronesia (country) -48.8% compare
- 186 Afghanistan -52.4%
- 187 Lesotho -54.9% compare
More economy & growth data for Northern Mariana Islands
- Gross domestic product (GDP) 896.76 million constant 2015 US$ (2022)
- DEC alternative conversion factor 1 LCU per US$ (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- GDP (current LCU), per capita 23,786 current LCU per person (2022)
- GDP (constant 2015 US$), annual growth rate 16.64 % change on previous year (2022)
- GDP per capita in international and market dollars 19,462 constant 2015 US$ (2022)
- GDP (constant 2015 US$), per unit of GDP 0.8182 constant 2015 US$ per US$ of GDP (2022)
- GDP (constant LCU), annual growth rate 16.64 % change on previous year (2022)
- GDP (constant 2015 US$), per capita 19,462 constant 2015 US$ per person (2022)
- Exports of goods and services (constant 2015 US$), annual growth rate 323.91 % change on previous year (2022)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Northern Mariana Islands?
- External balance on goods and services as a percent of gdp in Northern Mariana Islands was -48.6% 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 Northern Mariana Islands?
- The highest recorded value was 30.1% in 2002.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Northern Mariana Islands?
- The lowest recorded value was -66.8% in 2021.
- How does Northern Mariana Islands rank for external balance on goods and services as a percent of gdp?
- Northern Mariana Islands ranks 184th out of 191 countries with data for 2022.
- Is external balance on goods and services as a percent of gdp rising or falling in Northern Mariana Islands?
- Over the last ten years it is down 266.5%. The long-run trend across the full record is volatile.
- Where does this Northern Mariana Islands 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.