External balance on goods and services in Northern Mariana Islands
Northern Mariana Islands: External balance on goods and services was -533.00 million current LCU in 2022. ◆ Volatile
External balance on goods and services in Northern Mariana Islands, 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 Northern Mariana Islands stood at -533.00 million current LCU.
The figure is up 12.8% on the previous year and down 438.4% over ten years.
Over the whole period, external balance on goods and services in Northern Mariana Islands peaked at 387.00 million current LCU in 2002 and was at its lowest, -611.00 million current LCU, in 2021.
Northern Mariana Islands ranks 88th 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 in Northern Mariana Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 387.00 million current LCU | — |
| 2003 | 344.00 million current LCU | -11.1% |
| 2004 | 281.00 million current LCU | -18.3% |
| 2005 | 182.00 million current LCU | -35.2% |
| 2006 | 77.00 million current LCU | -57.7% |
| 2007 | 48.00 million current LCU | -37.7% |
| 2008 | 29.00 million current LCU | -39.6% |
| 2009 | -48.00 million current LCU | -265.5% |
| 2010 | -70.00 million current LCU | +45.8% |
| 2011 | -132.00 million current LCU | +88.6% |
| 2012 | -99.00 million current LCU | -25.0% |
| 2013 | -123.00 million current LCU | +24.2% |
| 2014 | -123.00 million current LCU | -0.0% |
| 2015 | -153.00 million current LCU | +24.4% |
| 2016 | -116.00 million current LCU | -24.2% |
| 2017 | 112.00 million current LCU | -196.6% |
| 2018 | -95.00 million current LCU | -184.8% |
| 2019 | -233.00 million current LCU | +145.3% |
| 2020 | -428.00 million current LCU | +83.7% |
| 2021 | -611.00 million current LCU | +42.8% |
| 2022 | -533.00 million current LCU | -12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 162.50 million current LCU | -48.00 million current LCU | 387.00 million current LCU | 8 |
| 2010s | -103.20 million current LCU | -233.00 million current LCU | 112.00 million current LCU | 10 |
| 2020s | -524.00 million current LCU | -611.00 million current LCU | -428.00 million current LCU | 3 |
Countries ranked near Northern Mariana Islands
- 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
- 89 Samoa -551.78 million current LCU compare
- 90 Bahamas -581.90 million current LCU compare
- 91 Tonga -673.00 million current LCU compare
More economy & growth data for Northern Mariana Islands
- Inflation, GDP deflator 2.8% (2022)
- GDP growth 16.6% (2022)
- GDP 896.76 million constant 2015 US$ (2022)
- GDP (constant 2015 US$), per capita 19,462 constant 2015 US$ per person (2022)
- GDP 1.10 billion current LCU (2022)
- GDP 1.10 billion current US$ (2022)
- GDP deflator 134.81 base year varies by country (2022)
- GDP (constant 2015 US$), annual growth rate 16.64 % change on previous year (2022)
- External balance on goods and services -48.6% (2022)
- Trade 93.2% (2022)
Frequently asked questions
- What is external balance on goods and services in Northern Mariana Islands?
- External balance on goods and services in Northern Mariana Islands was -533.00 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 Northern Mariana Islands?
- The highest recorded value was 387.00 million current LCU in 2002.
- What is the lowest external balance on goods and services recorded in Northern Mariana Islands?
- The lowest recorded value was -611.00 million current LCU in 2021.
- How does Northern Mariana Islands rank for external balance on goods and services?
- Northern Mariana Islands ranks 88th out of 192 countries with data for 2022.
- Is external balance on goods and services rising or falling in Northern Mariana Islands?
- Over the last ten years it is down 438.4%. The long-run trend across the full record is volatile.
- Where does this Northern Mariana Islands 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.