External balance on goods and services in United States of America
United States of America: External balance on goods and services was -898.46 billion current LCU in 2024. ◆ Volatile
Latest (2024)
-898.46 billion current LCU
Change on year
down 14.2%
World rank
162nd
of 192 countries
All-time high
15.98 billion current LCU
in 1975
All-time low
-937.89 billion current LCU
in 2022
Years of data
55
1970–2024
External balance on goods and services in United States of America, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
United States of America recorded -898.46 billion current LCU for external balance on goods and services in 2024.
That represents a change of down 14.2% on the previous year and down 76.5% over ten years.
Over the whole period, external balance on goods and services in United States of America peaked at 15.98 billion current LCU in 1975 and was at its lowest, -937.89 billion current LCU, in 2022.
United States of America ranks 162nd of 192 countries on this measure, 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 in United States of America, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 3.95 billion current LCU | — |
| 1971 | 621.00 million current LCU | -84.3% |
| 1972 | -3.37 billion current LCU | -643.2% |
| 1973 | 4.11 billion current LCU | -221.8% |
| 1974 | -815.00 million current LCU | -119.8% |
| 1975 | 15.98 billion current LCU | -2060.2% |
| 1976 | -1.63 billion current LCU | -110.2% |
| 1977 | -23.09 billion current LCU | +1315.9% |
| 1978 | -25.37 billion current LCU | +9.8% |
| 1979 | -22.55 billion current LCU | -11.1% |
| 1980 | -13.06 billion current LCU | -42.1% |
| 1981 | -12.52 billion current LCU | -4.1% |
| 1982 | -19.97 billion current LCU | +59.5% |
| 1983 | -51.64 billion current LCU | +158.5% |
| 1984 | -102.73 billion current LCU | +98.9% |
| 1985 | -114.02 billion current LCU | +11.0% |
| 1986 | -131.87 billion current LCU | +15.7% |
| 1987 | -144.77 billion current LCU | +9.8% |
| 1988 | -109.39 billion current LCU | -24.4% |
| 1989 | -86.74 billion current LCU | -20.7% |
| 1990 | -77.86 billion current LCU | -10.2% |
| 1991 | -28.61 billion current LCU | -63.2% |
| 1992 | -34.74 billion current LCU | +21.4% |
| 1993 | -65.17 billion current LCU | +87.6% |
| 1994 | -92.49 billion current LCU | +41.9% |
| 1995 | -89.76 billion current LCU | -2.9% |
| 1996 | -96.38 billion current LCU | +7.4% |
| 1997 | -101.97 billion current LCU | +5.8% |
| 1998 | -162.71 billion current LCU | +59.6% |
| 1999 | -259.55 billion current LCU | +59.5% |
| 2000 | -381.07 billion current LCU | +46.8% |
| 2001 | -376.75 billion current LCU | -1.1% |
| 2002 | -439.75 billion current LCU | +16.7% |
| 2003 | -521.96 billion current LCU | +18.7% |
| 2004 | -634.14 billion current LCU | +21.5% |
| 2005 | -739.90 billion current LCU | +16.7% |
| 2006 | -786.45 billion current LCU | +6.3% |
| 2007 | -735.93 billion current LCU | -6.4% |
| 2008 | -740.87 billion current LCU | +0.7% |
| 2009 | -419.15 billion current LCU | -43.4% |
| 2010 | -532.31 billion current LCU | +27.0% |
| 2011 | -579.62 billion current LCU | +8.9% |
| 2012 | -551.62 billion current LCU | -4.8% |
| 2013 | -478.45 billion current LCU | -13.3% |
| 2014 | -508.90 billion current LCU | +6.4% |
| 2015 | -524.32 billion current LCU | +3.0% |
| 2016 | -503.27 billion current LCU | -4.0% |
| 2017 | -543.33 billion current LCU | +8.0% |
| 2018 | -593.08 billion current LCU | +9.2% |
| 2019 | -577.29 billion current LCU | -2.7% |
| 2020 | -618.55 billion current LCU | +7.1% |
| 2021 | -849.23 billion current LCU | +37.3% |
| 2022 | -937.89 billion current LCU | +10.4% |
| 2023 | -786.50 billion current LCU | -16.1% |
| 2024 | -898.46 billion current LCU | +14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -5.22 billion current LCU | -25.37 billion current LCU | 15.98 billion current LCU | 10 |
| 1980s | -78.67 billion current LCU | -144.77 billion current LCU | -12.52 billion current LCU | 10 |
| 1990s | -100.92 billion current LCU | -259.55 billion current LCU | -28.61 billion current LCU | 10 |
| 2000s | -577.60 billion current LCU | -786.45 billion current LCU | -376.75 billion current LCU | 10 |
| 2010s | -539.22 billion current LCU | -593.08 billion current LCU | -478.45 billion current LCU | 10 |
| 2020s | -818.13 billion current LCU | -937.89 billion current LCU | -618.55 billion current LCU | 5 |
Countries ranked near United States of America
- 159 Afghanistan -660.71 billion current LCU compare
- 160 Kyrgyzstan -766.53 billion current LCU compare
- 161 Mali -808.18 billion current LCU compare
- 163 Ethiopia -1.04 trillion current LCU compare
- 164 Kenya -1.05 trillion current LCU compare
- 165 Congo, Democratic Republic of the -1.22 trillion current LCU 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)
- Gross domestic savings (current US$), annual growth rate 3.79 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.1847 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 15,912 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 3.79 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1847 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 15,912 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 7.67 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9864 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in United States of America?
- External balance on goods and services in United States of America was -898.46 billion current LCU in 2024, 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 States of America?
- The highest recorded value was 15.98 billion current LCU in 1975.
- What is the lowest external balance on goods and services recorded in United States of America?
- The lowest recorded value was -937.89 billion current LCU in 2022.
- How does United States of America rank for external balance on goods and services?
- United States of America ranks 162nd out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in United States of America?
- Over the last ten years it is down 76.5%. The long-run trend across the full record is volatile.
- Where does this United States of America 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.