External balance on goods and services (current US$), annual growth in United States of America
United States of America: External balance on goods and services (current US$), annual growth was -14.24 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-14.24 % change on previous year
Change on year
down 188.2%
World rank
120th
of 192 countries
All-time high
221.85 % change on previous year
in 1973
All-time low
-643.16 % change on previous year
in 1972
Years of data
52
1971–2024
External balance on goods and services (current US$), annual growth in United States of America, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United States of America recorded -14.24 % change on previous year for external balance on goods and services (current us$), annual growth in 2024.
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 us$), annual growth in United States of America peaked at 221.85 % change on previous year in 1973 and was at its lowest, -643.16 % change on previous year, in 1972.
United States of America ranks 120th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), 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 -12.04 % change on previous year compare
- 118 Palestine, State of -12.12 % change on previous year compare
- 119 Uzbekistan -12.18 % change on previous year compare
- 121 Kiribati -15.56 % change on previous year compare
- 122 Vanuatu -16.22 % change on previous year compare
- 123 Benin -16.39 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.77 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1267 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 10,921 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth -14.24 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.96 % change on previous year (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0094 current LCU per US$ of GDP (2021)
- Agriculture, forestry, and fishing, value added (current LCU), per 673.66 current LCU per person (2021)
- Manufacturing, value added (current US$), per unit of GDP 0.1052 current US$ per US$ of GDP (2021)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in United States of America?
- External balance on goods and services (current us$), 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 us$), annual growth recorded in United States of America?
- The highest recorded value was 221.85 % change on previous year in 1973.
- What is the lowest external balance on goods and services (current us$), 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 us$), annual growth?
- United States of America ranks 120th out of 192 countries with data for 2024.
- Is external balance on goods and services (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.