External balance on goods and services (current LCU), annual growth in United States of America
United States of America: External balance on goods and services (current LCU), annual growth was -14.24 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in United States of America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, external balance on goods and services (current lcu), annual growth in United States of America stood at -14.24 % change on previous year.
The figure is down 188.2% on the previous year and down 123.7% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in United States of America peaked at 221.85 % change on previous year in 1973 and was at its lowest, -643.16 % change on previous year, in 1972.
United States of America ranks 120th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in United States of America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -84.27 % change on previous year | — |
| 1972 | -643.16 % change on previous year | +663.2% |
| 1973 | 221.85 % change on previous year | -134.5% |
| 1974 | -119.83 % change on previous year | -154.0% |
| 1976 | -110.21 % change on previous year | -8.0% |
| 1978 | -9.84 % change on previous year | -91.1% |
| 1979 | 11.12 % change on previous year | -213.0% |
| 1980 | 42.09 % change on previous year | +278.3% |
| 1981 | 4.11 % change on previous year | -90.2% |
| 1982 | -59.55 % change on previous year | -1547.8% |
| 1983 | -158.55 % change on previous year | +166.2% |
| 1984 | -98.92 % change on previous year | -37.6% |
| 1985 | -10.99 % change on previous year | -88.9% |
| 1986 | -15.66 % change on previous year | +42.4% |
| 1987 | -9.78 % change on previous year | -37.5% |
| 1988 | 24.44 % change on previous year | -349.8% |
| 1989 | 20.71 % change on previous year | -15.3% |
| 1990 | 10.24 % change on previous year | -50.5% |
| 1991 | 63.25 % change on previous year | +517.4% |
| 1992 | -21.41 % change on previous year | -133.8% |
| 1993 | -87.62 % change on previous year | +309.3% |
| 1994 | -41.91 % change on previous year | -52.2% |
| 1995 | 2.95 % change on previous year | -107.0% |
| 1996 | -7.37 % change on previous year | -350.1% |
| 1997 | -5.8 % change on previous year | -21.2% |
| 1998 | -59.57 % change on previous year | +926.2% |
| 1999 | -59.52 % change on previous year | -0.1% |
| 2000 | -46.82 % change on previous year | -21.3% |
| 2001 | 1.14 % change on previous year | -102.4% |
| 2002 | -16.72 % change on previous year | -1573.0% |
| 2003 | -18.69 % change on previous year | +11.8% |
| 2004 | -21.49 % change on previous year | +15.0% |
| 2005 | -16.68 % change on previous year | -22.4% |
| 2006 | -6.29 % change on previous year | -62.3% |
| 2007 | 6.42 % change on previous year | -202.1% |
| 2008 | -0.671 % change on previous year | -110.4% |
| 2009 | 43.42 % change on previous year | -6571.7% |
| 2010 | -27 % change on previous year | -162.2% |
| 2011 | -8.89 % change on previous year | -67.1% |
| 2012 | 4.83 % change on previous year | -154.4% |
| 2013 | 13.26 % change on previous year | +174.6% |
| 2014 | -6.36 % change on previous year | -148.0% |
| 2015 | -3.03 % change on previous year | -52.4% |
| 2016 | 4.01 % change on previous year | -232.5% |
| 2017 | -7.96 % change on previous year | -298.3% |
| 2018 | -9.16 % change on previous year | +15.0% |
| 2019 | 2.66 % change on previous year | -129.1% |
| 2020 | -7.15 % change on previous year | -368.5% |
| 2021 | -37.29 % change on previous year | +421.7% |
| 2022 | -10.44 % change on previous year | -72.0% |
| 2023 | 16.14 % change on previous year | -254.6% |
| 2024 | -14.24 % change on previous year | -188.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -104.91 % change on previous year | -643.16 % change on previous year | 221.85 % change on previous year | 7 |
| 1980s | -26.21 % change on previous year | -158.55 % change on previous year | 42.09 % change on previous year | 10 |
| 1990s | -20.67 % change on previous year | -87.62 % change on previous year | 63.25 % change on previous year | 10 |
| 2000s | -7.64 % change on previous year | -46.82 % change on previous year | 43.42 % change on previous year | 10 |
| 2010s | -3.76 % change on previous year | -27 % change on previous year | 13.26 % change on previous year | 10 |
| 2020s | -10.59 % change on previous year | -37.29 % change on previous year | 16.14 % change on previous year | 5 |
Countries ranked near United States of America
- 117 Kuwait -12.18 % change on previous year compare
- 118 Belarus -13.28 % change on previous year compare
- 119 Papua New Guinea -13.34 % change on previous year compare
- 121 North Macedonia -14.77 % change on previous year compare
- 122 Pakistan -14.97 % change on previous year compare
- 123 Vanuatu -16.27 % change on previous year compare
More economy & growth data for United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 4.62 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.1097 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 9,457 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.64 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0894 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 7,704 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 5.21 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2135 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in United States of America?
- External balance on goods and services (current lcu), annual growth in United States of America was -14.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in United States of America?
- The highest recorded value was 221.85 % change on previous year in 1973.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in United States of America?
- The lowest recorded value was -643.16 % change on previous year in 1972.
- How does United States of America rank for external balance on goods and services (current lcu), annual growth?
- United States of America ranks 120th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in United States of America?
- Over the last ten years it is down 123.7%. The long-run trend across the full record is volatile.
- Where does this United States of America data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.