External balance on goods and services (% of GDP) by country
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during...
Countries reporting
193
Highest
45.4%
Macau, China
Lowest
-93.1%
Kiribati
Median
-3.0%
Years covered
66
1960–2025
Data points
11,345
What the numbers show
External balance on goods and services (% of GDP) is currently reported for 193 countries. The highest value is 45.4% in Macau, China; the lowest is -93.1% in Kiribati.
The median across all reporting countries is -3.0%, and the mean is -6.7%.
Over the past decade 104 countries rose and 87 fell. The largest increase was in Uruguay (up 1,288.0%), and the largest decrease in Croatia (down 2,489.4%).
External balance on goods and services: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Macau, China | 45.4% | 2025 | up 19.1% | volatile |
| 2 | Ireland | 40.2% | 2025 | up 35.4% | volatile |
| 3 | Qatar | 37.0% | 2022 | down 21.6% | volatile |
| 4 | Singapore | 35.4% | 2025 | up 29.7% | volatile |
| 5 | Luxembourg | 31.2% | 2025 | down 4.2% | rising |
| 6 | San Marino | 31.0% | 2023 | up 12.6% | rising |
| 7 | Bermuda | 30.1% | 2024 | up 16.6% | flat |
| 8 | Gabon | 26.1% | 2025 | up 44.0% | volatile |
| 9 | Brunei Darussalam | 19.5% | 2025 | up 34.4% | volatile |
| 10 | Malta | 19.2% | 2025 | up 87.0% | volatile |
| 11 | Equatorial Guinea | 18.1% | 2025 | up 25.4% | volatile |
| 12 | Kuwait | 17.5% | 2024 | down 52.6% | volatile |
| 13 | Bahrain | 17.5% | 2024 | up 10.2% | volatile |
| 14 | Oman | 17.3% | 2024 | down 16.1% | volatile |
| 15 | Djibouti | 14.7% | 2025 | down 34.6% | volatile |
| 16 | United Arab Emirates | 14.6% | 2023 | down 57.1% | rising |
| 17 | Suriname | 14.1% | 2010 | — | volatile |
| 18 | Papua New Guinea | 13.2% | 2004 | down 3.8% | volatile |
| 19 | Chad | 12.7% | 2025 | up 73.8% | volatile |
| 20 | Norway | 11.7% | 2025 | up 73.9% | volatile |
| 21 | Angola | 11.3% | 2025 | up 521.7% | volatile |
| 22 | Netherlands | 11.2% | 2025 | up 46.5% | rising |
| 23 | Denmark | 11.0% | 2025 | up 69.5% | volatile |
| 24 | Switzerland | 8.9% | 2025 | down 11.8% | volatile |
| 25 | Peru | 8.1% | 2025 | up 413.9% | volatile |
| 26 | Aruba | 7.8% | 2024 | up 239.7% | volatile |
| 27 | South Sudan | 7.8% | 2015 | down 77.7% | volatile |
| 28 | Zambia | 7.4% | 2024 | up 412.0% | volatile |
| 29 | Azerbaijan | 6.2% | 2025 | up 108.0% | volatile |
| 30 | Costa Rica | 6.2% | 2025 | up 914.4% | volatile |
| 31 | Viet Nam | 6.2% | 2025 | up 560.5% | volatile |
| 32 | Kazakhstan | 6.0% | 2024 | down 56.1% | volatile |
| 33 | Czechia | 5.9% | 2025 | down 2.6% | volatile |
| 34 | Libya | 5.8% | 2025 | up 146.3% | volatile |
| 35 | Cyprus | 5.7% | 2025 | up 104.9% | volatile |
| 36 | Malaysia | 5.5% | 2025 | down 26.4% | volatile |
| 37 | Mongolia | 5.4% | 2025 | up 522.4% | volatile |
| 38 | Slovenia | 5.4% | 2025 | down 33.9% | volatile |
| 39 | Republic of Korea | 5.2% | 2025 | down 21.1% | volatile |
| 40 | Panama | 5.0% | 2024 | up 197.1% | volatile |
| 41 | Côte d'Ivoire | 5.0% | 2025 | up 151.2% | volatile |
| 42 | Burkina Faso | 5.0% | 2025 | up 172.4% | volatile |
| 43 | Venezuela, Bolivarian Republic of | 4.8% | 2025 | down 77.3% | volatile |
| 44 | Hungary | 4.5% | 2025 | down 40.9% | volatile |
| 45 | Uruguay | 4.4% | 2025 | up 1,288.0% | volatile |
| 46 | Congo | 4.4% | 2025 | up 112.3% | volatile |
| 47 | China | 4.2% | 2025 | up 31.6% | volatile |
| 48 | Chile | 4.1% | 2025 | up 528.4% | volatile |
| 49 | Thailand | 3.9% | 2025 | down 62.8% | volatile |
| 50 | Lithuania | 3.9% | 2025 | up 491.3% | volatile |
| 51 | Spain | 3.8% | 2025 | up 26.8% | volatile |
| 52 | Ecuador | 3.5% | 2025 | up 251.8% | volatile |
| 53 | Faroe Islands | 3.4% | 2024 | up 389.7% | volatile |
| 54 | Puerto Rico | 3.3% | 2025 | down 87.0% | volatile |
| 55 | Poland | 2.9% | 2025 | up 38.8% | volatile |
| 56 | Hong Kong, China | 2.9% | 2025 | up 20.1% | volatile |
| 57 | Russian Federation | 2.7% | 2025 | down 66.5% | volatile |
| 58 | Iraq | 2.4% | 2024 | down 73.2% | volatile |
| 59 | Austria | 2.4% | 2025 | down 35.1% | volatile |
| 60 | Germany | 2.4% | 2025 | down 68.2% | volatile |
| 61 | Indonesia | 2.3% | 2025 | up 501.5% | volatile |
| 62 | Israel | 2.1% | 2025 | down 24.9% | volatile |
| 63 | Sweden | 2.1% | 2025 | down 34.7% | volatile |
| 64 | Italy | 1.9% | 2025 | down 32.3% | volatile |
| 65 | South Africa | 1.9% | 2025 | up 246.9% | volatile |
| 66 | Saudi Arabia | 1.6% | 2025 | up 137.2% | volatile |
| 67 | Belize | 1.5% | 2024 | down 61.9% | volatile |
| 68 | Finland | 1.3% | 2025 | up 415.4% | volatile |
| 69 | Cambodia | 1.2% | 2025 | up 111.9% | volatile |
| 70 | Ghana | 1.1% | 2024 | up 115.5% | volatile |
| 71 | Estonia | 1.0% | 2025 | down 72.9% | volatile |
| 72 | Portugal | 0.9% | 2025 | up 23.8% | volatile |
| 73 | Turkmenistan | 0.8% | 2025 | up 114.7% | volatile |
| 74 | Argentina | 0.7% | 2025 | up 169.5% | volatile |
| 75 | Australia | 0.6% | 2025 | up 138.5% | volatile |
| 76 | Brazil | 0.3% | 2025 | up 130.3% | volatile |
| 77 | Eswatini | 0.0% | 2024 | up 103.2% | volatile |
| 78 | Maldives | -0.0% | 2024 | down 100.3% | volatile |
| 79 | Slovakia | -0.2% | 2025 | down 107.8% | volatile |
| 80 | Sudan | -0.2% | 2025 | up 96.8% | volatile |
| 81 | Türkiye | -0.2% | 2025 | up 82.1% | volatile |
| 82 | France | -0.4% | 2025 | down 245.6% | volatile |
| 83 | Congo, Democratic Republic of the | -0.5% | 2025 | up 91.3% | volatile |
| 84 | Mexico | -0.6% | 2025 | up 69.7% | volatile |
| 85 | Canada | -0.8% | 2025 | up 65.7% | volatile |
| 86 | Japan | -0.9% | 2024 | up 65.0% | volatile |
| 87 | Tanzania, United Republic of | -1.0% | 2025 | up 84.7% | volatile |
| 88 | Bulgaria | -1.0% | 2025 | down 224.1% | volatile |
| 89 | New Zealand | -1.3% | 2024 | down 254.3% | volatile |
| 90 | United Kingdom of Great Britain and Northern Ireland | -1.3% | 2025 | up 7.6% | volatile |
| 91 | India | -1.7% | 2025 | up 24.1% | volatile |
| 92 | Belarus | -1.9% | 2025 | down 1,924.1% | volatile |
| 93 | Belgium | -2.0% | 2025 | down 393.8% | volatile |
| 94 | Paraguay | -2.1% | 2025 | down 183.1% | volatile |
| 95 | Iceland | -2.3% | 2025 | down 129.0% | volatile |
| 96 | Niger | -2.4% | 2025 | up 85.3% | volatile |
| 97 | Benin | -3.0% | 2025 | up 58.8% | volatile |
| 98 | United States of America | -3.1% | 2024 | down 6.1% | volatile |
| 99 | Bahamas | -3.7% | 2024 | up 36.8% | volatile |
| 100 | Sri Lanka | -3.9% | 2025 | up 45.7% | volatile |
| 101 | Bolivia, Plurinational State of | -4.1% | 2024 | down 410.8% | volatile |
| 102 | Dominican Republic | -4.2% | 2025 | up 1.4% | volatile |
| 103 | Serbia | -4.3% | 2025 | up 36.4% | volatile |
| 104 | Greece | -4.5% | 2025 | down 403.7% | rising |
| 105 | Latvia | -4.6% | 2025 | down 285.1% | volatile |
| 106 | Mali | -4.6% | 2025 | up 64.8% | rising |
| 107 | Croatia | -5.0% | 2025 | down 2,489.4% | volatile |
| 108 | Romania | -5.2% | 2025 | down 538.1% | volatile |
| 109 | Algeria | -5.3% | 2025 | up 56.3% | volatile |
| 110 | Zimbabwe | -5.4% | 2024 | up 57.9% | volatile |
| 111 | Colombia | -5.4% | 2025 | up 23.5% | volatile |
| 112 | Botswana | -5.5% | 2025 | up 18.5% | volatile |
| 113 | Albania | -5.5% | 2025 | up 67.9% | volatile |
| 114 | Armenia | -5.5% | 2025 | up 55.0% | volatile |
| 115 | Bangladesh | -5.7% | 2025 | up 22.9% | falling |
| 116 | Georgia | -5.8% | 2025 | up 65.3% | volatile |
| 117 | Kenya | -6.0% | 2025 | up 40.5% | volatile |
| 118 | Senegal | -6.1% | 2025 | up 52.2% | falling |
| 119 | Ethiopia | -6.9% | 2025 | up 67.1% | rising |
| 120 | Cameroon | -7.2% | 2025 | down 102.3% | volatile |
| 121 | Pakistan | -7.2% | 2025 | down 7.2% | falling |
| 122 | Sierra Leone | -7.3% | 2025 | up 52.9% | volatile |
| 123 | Uganda | -7.3% | 2025 | up 38.7% | volatile |
| 124 | Tunisia | -8.1% | 2025 | up 22.1% | volatile |
| 125 | Antigua and Barbuda | -8.3% | 2022 | down 211.0% | volatile |
| 126 | Lao People's Democratic Republic | -8.7% | 2016 | down 53.5% | falling |
| 127 | Iran, Islamic Republic of | -8.7% | 2025 | down 340.9% | volatile |
| 128 | Morocco | -9.2% | 2025 | down 25.6% | volatile |
| 129 | Mauritius | -9.9% | 2025 | down 146.5% | volatile |
| 130 | Fiji | -10.2% | 2024 | down 65.2% | volatile |
| 131 | Greenland | -10.3% | 2023 | up 49.8% | volatile |
| 132 | Togo | -10.8% | 2023 | up 22.7% | volatile |
| 133 | United States Virgin Islands | -10.9% | 2022 | down 445.3% | volatile |
| 134 | Eritrea | -11.1% | 2011 | up 78.0% | rising |
| 135 | Cape Verde | -11.4% | 2025 | up 3.1% | rising |
| 136 | Madagascar | -11.6% | 2025 | down 160.7% | volatile |
| 137 | Egypt | -11.7% | 2025 | down 37.9% | volatile |
| 138 | Haiti | -12.8% | 2025 | up 30.7% | falling |
| 139 | Seychelles | -13.0% | 2025 | down 78.6% | volatile |
| 140 | Bosnia and Herzegovina | -13.1% | 2025 | up 27.4% | volatile |
| 141 | Guinea-Bissau | -13.1% | 2025 | down 207.4% | rising |
| 142 | Nicaragua | -13.3% | 2025 | up 26.4% | volatile |
| 143 | Uzbekistan | -13.3% | 2025 | down 370.1% | volatile |
| 144 | Rwanda | -13.6% | 2025 | up 28.5% | volatile |
| 145 | Philippines | -13.7% | 2025 | down 189.8% | volatile |
| 146 | North Macedonia | -13.7% | 2025 | up 15.3% | falling |
| 147 | Central African Republic | -14.2% | 2025 | up 25.2% | falling |
| 148 | Mauritania | -14.3% | 2025 | up 15.6% | volatile |
| 149 | Mozambique | -14.3% | 2025 | up 57.3% | rising |
| 150 | Samoa | -15.4% | 2025 | up 24.4% | falling |
| 151 | Guatemala | -15.4% | 2025 | down 50.6% | volatile |
| 152 | Bhutan | -16.4% | 2024 | up 16.3% | rising |
| 153 | New Caledonia | -17.0% | 2024 | up 22.1% | falling |
| 154 | Malawi | -18.1% | 2025 | up 9.3% | flat |
| 155 | Namibia | -19.2% | 2025 | up 27.4% | volatile |
| 156 | Sao Tome and Principe | -20.0% | 2025 | up 55.7% | rising |
| 157 | Guinea | -20.9% | 2025 | up 29.2% | volatile |
| 158 | Honduras | -21.5% | 2025 | down 27.1% | volatile |
| 159 | Syrian Arab Republic | -21.9% | 2022 | down 9.7% | volatile |
| 160 | Comoros | -22.3% | 2025 | down 27.1% | falling |
| 161 | Vanuatu | -22.7% | 2024 | down 346.2% | volatile |
| 162 | El Salvador | -24.1% | 2025 | down 36.8% | volatile |
| 163 | Nepal | -24.9% | 2025 | up 5.1% | volatile |
| 164 | Guyana | -25.1% | 2005 | down 130.2% | volatile |
| 165 | Montenegro | -25.6% | 2025 | down 37.4% | rising |
| 166 | Ukraine | -26.5% | 2025 | down 915.3% | volatile |
| 167 | French Polynesia | -27.8% | 2024 | down 65.4% | falling |
| 168 | Curaçao | -28.8% | 2018 | down 3.5% | rising |
| 169 | Republic of Moldova | -29.2% | 2025 | down 15.0% | falling |
| 170 | Solomon Islands | -30.2% | 2024 | down 244.1% | volatile |
| 171 | Kosovo | -30.3% | 2025 | down 4.0% | rising |
| 171 | Kosovo (UNSCR 1244) | -30.3% | 2025 | down 4.0% | rising |
| 173 | American Samoa | -30.8% | 2022 | down 20.8% | falling |
| 174 | Palestine, State of | -32.3% | 2025 | up 16.4% | rising |
| 175 | Lebanon | -35.6% | 2024 | down 10.2% | rising |
| 176 | Tajikistan | -36.7% | 2024 | down 1.1% | volatile |
| 177 | Gambia | -36.7% | 2025 | down 174.4% | volatile |
| 178 | Jordan | -37.5% | 2007 | down 68.7% | rising |
| 179 | Yemen | -38.6% | 2018 | down 592.3% | volatile |
| 180 | Kyrgyzstan | -38.8% | 2025 | up 4.4% | volatile |
| 181 | Cuba | -39.9% | 2024 | down 915.8% | volatile |
| 182 | Palau | -40.4% | 2024 | down 14.9% | falling |
| 183 | Naoero | -41.9% | 2025 | up 26.3% | volatile |
| 184 | Tonga | -43.8% | 2024 | down 7.1% | falling |
| 185 | Marshall Islands | -43.8% | 2025 | up 12.3% | rising |
| 186 | Northern Mariana Islands | -48.6% | 2022 | down 266.5% | volatile |
| 187 | Micronesia, Federated States of | -48.8% | 2025 | up 1.1% | rising |
| 188 | Afghanistan | -52.4% | 2024 | — | falling |
| 189 | Lesotho | -54.9% | 2025 | down 25.0% | flat |
| 190 | Guam | -56.1% | 2022 | down 45.3% | falling |
| 191 | Somalia | -69.6% | 2025 | down 62.8% | volatile |
| 192 | Timor-Leste | -74.3% | 2024 | down 1.0% | volatile |
| 193 | Kiribati | -93.1% | 2024 | down 16.2% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Arab World 6.4%
- Small states 4.7%
- Late-demographic dividend 4.7%
- Middle East, North Africa, Afghanistan & Pakistan 4.4%
- East Asia & Pacific 4.1%
- Euro area 3.9%
- European Union 3.8%
- East Asia & Pacific (IDA & IBRD countries) 3.7%
- East Asia & Pacific (excluding high income) 3.7%
- Europe & Central Asia 2.7%
- Upper middle income 2.1%
- Other small states 1.9%
- IBRD only 1.6%
- Central Europe and the Baltics 1.5%
- Middle income 1.1%
- IDA & IBRD total 1.0%
- World 1.0%
- High income 0.9%
- Low & middle income 0.9%
- Sub-Saharan Africa (excluding high income) -0.0%
- Sub-Saharan Africa -0.0%
- Sub-Saharan Africa (IDA & IBRD countries) -0.0%
- OECD members -0.1%
- Latin America & the Caribbean (IDA & IBRD countries) -0.2%
- Latin America & Caribbean -0.3%
- Post-demographic dividend -0.3%
- Europe & Central Asia (IDA & IBRD countries) -0.5%
- Latin America & Caribbean (excluding high income) -0.7%
- Pre-demographic dividend -1.5%
- Early-demographic dividend -1.9%
- Africa Eastern and Southern -2.2%
- South Asia -2.4%
- South Asia (IDA & IBRD) -2.4%
- North America -2.8%
- Lower middle income -3.1%
- Europe & Central Asia (excluding high income) -3.8%
- IDA total -5.2%
- Heavily indebted poor countries (HIPC) -5.9%
- Least developed countries -6.8%
- IDA only -8.4%
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.