External balance on goods and services in American Samoa
American Samoa: External balance on goods and services was -268.00 million current LCU in 2022. ▼ Falling
External balance on goods and services in American Samoa, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2022, external balance on goods and services in American Samoa stood at -268.00 million current LCU.
The figure is up 26.0% on the previous year and down 64.4% over ten years.
Over the whole period, external balance on goods and services in American Samoa peaked at -29.00 million current LCU in 2009 and was at its lowest, -362.00 million current LCU, in 2021.
American Samoa ranks 84th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
External balance on goods and services in American Samoa, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | -44.00 million current LCU | — |
| 2003 | -61.00 million current LCU | +38.6% |
| 2004 | -110.00 million current LCU | +80.3% |
| 2005 | -120.00 million current LCU | +9.1% |
| 2006 | -143.00 million current LCU | +19.2% |
| 2007 | -120.00 million current LCU | -16.1% |
| 2008 | -117.00 million current LCU | -2.5% |
| 2009 | -29.00 million current LCU | -75.2% |
| 2010 | -177.00 million current LCU | +510.3% |
| 2011 | -228.00 million current LCU | +28.8% |
| 2012 | -163.00 million current LCU | -28.5% |
| 2013 | -193.00 million current LCU | +18.4% |
| 2014 | -266.00 million current LCU | +37.8% |
| 2015 | -237.00 million current LCU | -10.9% |
| 2016 | -210.00 million current LCU | -11.4% |
| 2017 | -264.00 million current LCU | +25.7% |
| 2018 | -226.00 million current LCU | -14.4% |
| 2019 | -215.00 million current LCU | -4.9% |
| 2020 | -259.00 million current LCU | +20.5% |
| 2021 | -362.00 million current LCU | +39.8% |
| 2022 | -268.00 million current LCU | -26.0% |
American Samoa compared with similar countries
- American Samoa's -268.00 million current LCU is below the median for high income countries, which is 3.18 billion current LCU. (72 countries reporting)
- American Samoa's -268.00 million current LCU is below the median for East Asia & Pacific, which is -190.00 million current LCU, 1.4× the median. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services in American Samoa 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 |
|---|---|---|---|
| 2010 | -510.3% | -29.00 million current LCU | -177.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -93.00 million current LCU | -143.00 million current LCU | -29.00 million current LCU | 8 |
| 2010s | -217.90 million current LCU | -266.00 million current LCU | -163.00 million current LCU | 10 |
| 2020s | -296.33 million current LCU | -362.00 million current LCU | -259.00 million current LCU | 3 |
Countries ranked near American Samoa
- 81 Marshall Islands -135.00 million current LCU compare
- 82 Slovakia -209.56 million current LCU compare
- 83 Micronesia (country) -245.00 million current LCU compare
- 85 Antigua and Barbuda -416.08 million current LCU compare
- 86 Kiribati -484.01 million current LCU compare
- 87 United States Virgin Islands -509.00 million current LCU compare
More economy & growth data for American Samoa
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3367 constant 2015 US$ per US$ of GDP (2022)
- GDP per capita 13,709 constant 2015 US$ (2022)
- Exports of goods and services (current US$), per capita 8,461 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 23.19 % change on previous year (2022)
- Exports of goods and services (current LCU), per unit of GDP 0.4696 current LCU per US$ of GDP (2022)
- Exports of goods and services (current LCU), per capita 8,461 current LCU per person (2022)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.06 % change on previous year (2022)
- Imports of goods and services (current US$), per capita 14,004 current US$ per person (2022)
- External balance on goods and services as a percent of GDP -30.8% (2022)
- Imports of goods and services (current US$), per unit of GDP 0.7773 current US$ per US$ of GDP (2022)
Frequently asked questions
- What is external balance on goods and services in American Samoa?
- External balance on goods and services in American Samoa was -268.00 million current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in American Samoa?
- The highest recorded value was -29.00 million current LCU in 2009.
- What is the lowest external balance on goods and services recorded in American Samoa?
- The lowest recorded value was -362.00 million current LCU in 2021.
- How does American Samoa rank for external balance on goods and services?
- American Samoa ranks 84th out of 193 countries with data for 2022.
- Is external balance on goods and services rising or falling in American Samoa?
- Over the last ten years it is down 64.4%. The long-run trend across the full record is falling.
- Where does this American Samoa data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.