External balance on goods and services in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): External balance on goods and services was -5.9% in 2025. ▼ Falling

Latest (2025)
-5.9%
Change on year
up 17.3%
Rank
38th
of 44 groups
All-time high
-5.9%
in 2025
All-time low
-12.2%
in 2015
Years of data
40
1986–2025

External balance on goods and services in Heavily indebted poor countries (HIPC), 1986–2025

-12-10-8-61986200520251986: -6.1 % of GDP1987: -7.8 % of GDP1988: -8 % of GDP1989: -6.6 % of GDP1990: -6.1 % of GDP1991: -8.1 % of GDP1992: -8.3 % of GDP1993: -7.6 % of GDP1994: -8.3 % of GDP1995: -7.5 % of GDP1996: -7.6 % of GDP1997: -7.9 % of GDP1998: -9.4 % of GDP1999: -10.2 % of GDP2000: -8.3 % of GDP2001: -8.5 % of GDP2002: -8.8 % of GDP2003: -9.1 % of GDP2004: -8.2 % of GDP2005: -8.9 % of GDP2006: -7.4 % of GDP2007: -9.1 % of GDP2008: -9.2 % of GDP2009: -9.4 % of GDP2010: -8.4 % of GDP2011: -8.7 % of GDP2012: -10.2 % of GDP2013: -10.8 % of GDP2014: -10.5 % of GDP2015: -12.2 % of GDP2016: -11.2 % of GDP2017: -8.7 % of GDP2018: -8.7 % of GDP2019: -8.2 % of GDP2020: -7.4 % of GDP2021: -7.1 % of GDP2022: -8.6 % of GDP2023: -8.4 % of GDP2024: -7.2 % of GDP2025: -5.9 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

In 2025, external balance on goods and services in Heavily indebted poor countries (HIPC) stood at -5.9%. That is the highest value across all 40 years on record.

That represents a change of up 17.3% on the previous year and up 51.6% over ten years.

Over the whole period, external balance on goods and services in Heavily indebted poor countries (HIPC) peaked at -5.9% in 2025 and was at its lowest, -12.2%, in 2015.

Heavily indebted poor countries (HIPC) ranks 38th of 44 groups on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 40 years of available data.

External balance on goods and services in Heavily indebted poor countries (HIPC), year by year

Annual values for External balance on goods and services (% of GDP) in Heavily indebted poor countries (HIPC), 1986 to 2025.
Year % of GDP Change
1986 -6.1%
1987 -7.8% +27.9%
1988 -8.0% +3.4%
1989 -6.6% -18.3%
1990 -6.1% -7.2%
1991 -8.1% +33.5%
1992 -8.3% +2.1%
1993 -7.6% -9.0%
1994 -8.3% +9.9%
1995 -7.5% -10.1%
1996 -7.6% +2.3%
1997 -7.9% +3.7%
1998 -9.4% +18.5%
1999 -10.2% +9.0%
2000 -8.3% -18.8%
2001 -8.5% +2.5%
2002 -8.8% +3.2%
2003 -9.1% +3.3%
2004 -8.2% -9.2%
2005 -8.9% +8.1%
2006 -7.4% -16.6%
2007 -9.1% +21.9%
2008 -9.2% +2.0%
2009 -9.4% +1.8%
2010 -8.4% -10.7%
2011 -8.7% +3.3%
2012 -10.2% +17.3%
2013 -10.8% +5.7%
2014 -10.5% -2.6%
2015 -12.2% +16.9%
2016 -11.2% -8.8%
2017 -8.7% -22.2%
2018 -8.7% -0.2%
2019 -8.2% -5.0%
2020 -7.4% -10.1%
2021 -7.1% -4.2%
2022 -8.6% +20.7%
2023 -8.4% -2.1%
2024 -7.2% -14.6%
2025 -5.9% -17.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s -7.1% -8.0% -6.1% 4
1990s -8.1% -10.2% -6.1% 10
2000s -8.7% -9.4% -7.4% 10
2010s -9.7% -12.2% -8.2% 10
2020s -7.4% -8.6% -5.9% 6

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 35 Cyprus 5.7% compare
  2. 36 Malaysia 5.5% compare
  3. 37 Mongolia 5.4% compare
  4. 38 Slovenia 5.4% compare
  5. 39 Korea 5.2% compare
  6. 40 Panama 5.0% compare
  7. 41 Côte d'Ivoire 5.0% compare

See the full ranking of 237 places →

More economy & growth data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is external balance on goods and services in Heavily indebted poor countries (HIPC)?
External balance on goods and services in Heavily indebted poor countries (HIPC) was -5.9% 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 Heavily indebted poor countries (HIPC)?
The highest recorded value was -5.9% in 2025.
What is the lowest external balance on goods and services recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was -12.2% in 2015.
How does Heavily indebted poor countries (HIPC) rank for external balance on goods and services?
Heavily indebted poor countries (HIPC) ranks 38th out of 44 groups with data for 2025.
Is external balance on goods and services rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is up 51.6%. The long-run trend across the full record is falling.
Where does this Heavily indebted poor countries (HIPC) 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.

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External balance on goods and services in Heavily indebted poor countries (HIPC). Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-percent-of-gdp/heavily-indebted-poor-countries-hipc/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 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 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.