External balance on goods and services in United Kingdom of Great Britain and Northern Ireland

United Kingdom of Great Britain and Northern Ireland: External balance on goods and services was -38.41 billion current LCU in 2025. ◆ Volatile

Latest (2025)
-38.41 billion current LCU
Change on year
down 82.8%
World rank
124th
of 192 countries
All-time high
15.67 billion current LCU
in 2020
All-time low
-38.41 billion current LCU
in 2025
Years of data
56
1970–2025

External balance on goods and services in United Kingdom of Great Britain and Northern Ireland, 1970–2025

-40.0B-20.0B020.0B197019972025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

United Kingdom of Great Britain and Northern Ireland recorded -38.41 billion current LCU for external balance on goods and services in 2025. That is the lowest value across all 56 years on record.

That represents a change of down 82.8% on the previous year and down 45.7% over ten years.

Over the whole period, external balance on goods and services in United Kingdom of Great Britain and Northern Ireland peaked at 15.67 billion current LCU in 2020 and was at its lowest, -38.41 billion current LCU, in 2025.

United Kingdom of Great Britain and Northern Ireland ranks 124th 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 United Kingdom of Great Britain and Northern Ireland, year by year

Annual values for External balance on goods and services (current LCU) in United Kingdom of Great Britain and Northern Ireland, 1970 to 2025.
Year current LCU Change
1970 580.80 million current LCU
1971 966.42 million current LCU +66.4%
1972 79.61 million current LCU -91.8%
1973 -1.64 billion current LCU -2155.5%
1974 -4.00 billion current LCU +144.6%
1975 -1.56 billion current LCU -61.1%
1976 -1.05 billion current LCU -32.5%
1977 1.56 billion current LCU -248.4%
1978 2.85 billion current LCU +83.2%
1979 1.39 billion current LCU -51.2%
1980 6.03 billion current LCU +333.1%
1981 8.38 billion current LCU +39.0%
1982 6.46 billion current LCU -22.9%
1983 4.05 billion current LCU -37.3%
1984 876.68 million current LCU -78.3%
1985 5.42 billion current LCU +518.7%
1986 -1.31 billion current LCU -124.1%
1987 -3.00 billion current LCU +129.8%
1988 -15.45 billion current LCU +414.7%
1989 -19.23 billion current LCU +24.5%
1990 -9.79 billion current LCU -49.1%
1991 -807.06 million current LCU -91.8%
1992 -3.08 billion current LCU +282.2%
1993 -596.86 million current LCU -80.6%
1994 2.01 billion current LCU -436.7%
1995 4.82 billion current LCU +139.7%
1996 4.36 billion current LCU -9.6%
1997 5.11 billion current LCU +17.4%
1998 -5.00 billion current LCU -197.7%
1999 -10.96 billion current LCU +119.5%
2000 -13.54 billion current LCU +23.5%
2001 -19.97 billion current LCU +47.5%
2002 -28.35 billion current LCU +42.0%
2003 -26.90 billion current LCU -5.1%
2004 -30.78 billion current LCU +14.4%
2005 -29.89 billion current LCU -2.9%
2006 -27.77 billion current LCU -7.1%
2007 -30.00 billion current LCU +8.0%
2008 -26.88 billion current LCU -10.4%
2009 -19.32 billion current LCU -28.1%
2010 -25.18 billion current LCU +30.3%
2011 -13.26 billion current LCU -47.3%
2012 -16.70 billion current LCU +25.9%
2013 -23.34 billion current LCU +39.8%
2014 -32.95 billion current LCU +41.2%
2015 -26.35 billion current LCU -20.0%
2016 -34.41 billion current LCU +30.6%
2017 -26.05 billion current LCU -24.3%
2018 -26.07 billion current LCU +0.1%
2019 -26.99 billion current LCU +3.5%
2020 15.67 billion current LCU -158.1%
2021 939.00 million current LCU -94.0%
2022 -27.75 billion current LCU -3055.0%
2023 -32.14 billion current LCU +15.8%
2024 -21.01 billion current LCU -34.6%
2025 -38.41 billion current LCU +82.8%

Averages by decade

DecadeAverage LowestHighest Years
1970s -81.44 million current LCU -4.00 billion current LCU 2.85 billion current LCU 10
1980s -776.12 million current LCU -19.23 billion current LCU 8.38 billion current LCU 10
1990s -1.39 billion current LCU -10.96 billion current LCU 5.11 billion current LCU 10
2000s -25.34 billion current LCU -30.78 billion current LCU -13.54 billion current LCU 10
2010s -25.13 billion current LCU -34.41 billion current LCU -13.26 billion current LCU 10
2020s -17.12 billion current LCU -38.41 billion current LCU 15.67 billion current LCU 6

Countries ranked near United Kingdom of Great Britain and Northern Ireland

  1. 121 Canada -27.43 billion current LCU compare
  2. 122 Cape Verde -34.03 billion current LCU compare
  3. 123 Vanuatu -35.09 billion current LCU compare
  4. 125 Guyana -41.39 billion current LCU compare
  5. 126 Zimbabwe -44.35 billion current LCU compare
  6. 127 Bhutan -45.85 billion current LCU compare

See the full ranking of 192 places →

More economy & growth data for United Kingdom of Great Britain and Northern Ireland

All data for United Kingdom of Great Britain and Northern Ireland →

Frequently asked questions

What is external balance on goods and services in United Kingdom of Great Britain and Northern Ireland?
External balance on goods and services in United Kingdom of Great Britain and Northern Ireland was -38.41 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in United Kingdom of Great Britain and Northern Ireland?
The highest recorded value was 15.67 billion current LCU in 2020.
What is the lowest external balance on goods and services recorded in United Kingdom of Great Britain and Northern Ireland?
The lowest recorded value was -38.41 billion current LCU in 2025.
How does United Kingdom of Great Britain and Northern Ireland rank for external balance on goods and services?
United Kingdom of Great Britain and Northern Ireland ranks 124th out of 192 countries with data for 2025.
Is external balance on goods and services rising or falling in United Kingdom of Great Britain and Northern Ireland?
Over the last ten years it is down 45.7%. The long-run trend across the full record is volatile.
Where does this United Kingdom of Great Britain and Northern Ireland 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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External balance on goods and services in United Kingdom of Great Britain and Northern Ireland. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-current-lcu/united-kingdom/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

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.