External balance on goods and services in American Samoa
American Samoa: External balance on goods and services was -30.8% in 2022. ▼ Falling
External balance on goods and services in American Samoa, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services in American Samoa is -30.8%, measured in 2022.
The figure is up 36.3% on the previous year and down 20.8% over ten years.
Over the whole period, external balance on goods and services in American Samoa peaked at -4.3% in 2009 and was at its lowest, -48.3%, in 2021.
That places American Samoa 173rd out of 193 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
External balance on goods and services in American Samoa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | -8.6% | — |
| 2003 | -11.6% | +35.5% |
| 2004 | -21.6% | +85.6% |
| 2005 | -24.0% | +11.1% |
| 2006 | -29.0% | +20.9% |
| 2007 | -23.2% | -20.1% |
| 2008 | -20.9% | -9.8% |
| 2009 | -4.3% | -79.4% |
| 2010 | -30.9% | +619.0% |
| 2011 | -40.0% | +29.5% |
| 2012 | -25.5% | -36.3% |
| 2013 | -30.3% | +18.8% |
| 2014 | -41.4% | +36.8% |
| 2015 | -35.2% | -14.9% |
| 2016 | -31.3% | -11.1% |
| 2017 | -43.1% | +37.8% |
| 2018 | -35.4% | -18.0% |
| 2019 | -33.2% | -6.0% |
| 2020 | -35.9% | +8.1% |
| 2021 | -48.3% | +34.4% |
| 2022 | -30.8% | -36.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -17.9% | -29.0% | -4.3% | 8 |
| 2010s | -34.6% | -43.1% | -25.5% | 10 |
| 2020s | -38.3% | -48.3% | -30.8% | 3 |
Countries ranked near American Samoa
- 170 Solomon Islands -30.2% compare
- 171 Kosovo -30.3% compare
- 171 Kosovo (UNSCR 1244) -30.3% compare
- 174 Palestine, State of -32.3% compare
- 175 Lebanon -35.6% compare
- 176 Tajikistan -36.7% compare
More economy & growth data for American Samoa
- Imports of goods and services (current US$), per unit of GDP 0.7773 current US$ per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per capita 6,066 constant 2015 US$ per person (2022)
- GDP per capita in international and market dollars 13,709 constant 2015 US$ (2022)
- Gross domestic product (GDP) 662.73 million constant 2015 US$ (2022)
- GDP per capita 13,709 constant 2015 US$ (2022)
- Imports of goods and services (current US$), annual growth rate -2.45 % change on previous year (2022)
- Imports of goods and services (current LCU), per unit of GDP 0.7773 current LCU per US$ of GDP (2022)
- Imports of goods and services (current LCU), per capita 14,004 current LCU per person (2022)
- External balance on goods and services as a percent of GDP -30.8% (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3367 constant 2015 US$ per US$ of GDP (2022)
Frequently asked questions
- What is external balance on goods and services in American Samoa?
- External balance on goods and services in American Samoa was -30.8% 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 American Samoa?
- The highest recorded value was -4.3% in 2009.
- What is the lowest external balance on goods and services recorded in American Samoa?
- The lowest recorded value was -48.3% in 2021.
- How does American Samoa rank for external balance on goods and services?
- American Samoa ranks 173rd out of 193 countries with data for 2022.
- Is external balance on goods and services rising or falling in American Samoa?
- Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
- Where does this American Samoa 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.