External balance on goods and services in IDA & IBRD total
IDA & IBRD total: External balance on goods and services was 1.0% in 2025. ◆ Volatile
External balance on goods and services in IDA & IBRD total, 1960–2025
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 IDA & IBRD total is 1.0%, measured in 2025.
That represents a change of up 45.8% on the previous year and up 163.3% over ten years.
Over the whole period, external balance on goods and services in IDA & IBRD total peaked at 3.3% in 2006 and was at its lowest, -4.1%, in 1981.
IDA & IBRD total ranks 16th of 44 groups 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 in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | -1.0% | — |
| 1961 | -0.7% | -35.8% |
| 1962 | -0.7% | +4.3% |
| 1963 | -0.5% | -33.8% |
| 1964 | -0.8% | +69.8% |
| 1965 | -0.5% | -29.9% |
| 1966 | -0.7% | +26.7% |
| 1967 | -0.8% | +18.2% |
| 1968 | -0.8% | -5.1% |
| 1969 | -0.7% | -15.8% |
| 1970 | -1.1% | +63.4% |
| 1971 | -1.3% | +24.9% |
| 1972 | -0.7% | -48.2% |
| 1973 | 0.3% | -146.7% |
| 1974 | 0.4% | +18.7% |
| 1975 | -2.6% | -774.8% |
| 1976 | -0.9% | -65.3% |
| 1977 | -1.4% | +59.2% |
| 1978 | -1.8% | +25.6% |
| 1979 | -0.3% | -85.5% |
| 1980 | -1.9% | +622.7% |
| 1981 | -4.1% | +115.4% |
| 1982 | -3.1% | -24.9% |
| 1983 | -1.3% | -57.4% |
| 1984 | -0.3% | -78.2% |
| 1985 | -1.0% | +244.9% |
| 1986 | -1.9% | +95.1% |
| 1987 | -0.2% | -89.7% |
| 1988 | -0.7% | +277.6% |
| 1989 | -0.7% | -2.9% |
| 1990 | -0.8% | +13.5% |
| 1991 | -1.1% | +39.3% |
| 1992 | 0.2% | -116.2% |
| 1993 | -1.3% | -791.2% |
| 1994 | -0.9% | -29.4% |
| 1995 | -0.9% | -4.8% |
| 1996 | -0.8% | -1.6% |
| 1997 | -0.7% | -17.5% |
| 1998 | -0.3% | -50.1% |
| 1999 | 0.7% | -301.3% |
| 2000 | 1.2% | +72.0% |
| 2001 | 0.7% | -43.7% |
| 2002 | 1.3% | +83.9% |
| 2003 | 1.4% | +9.4% |
| 2004 | 1.5% | +6.6% |
| 2005 | 2.5% | +68.5% |
| 2006 | 3.3% | +33.7% |
| 2007 | 2.7% | -16.5% |
| 2008 | 2.1% | -23.2% |
| 2009 | 1.1% | -50.0% |
| 2010 | 1.1% | +8.5% |
| 2011 | 0.9% | -24.7% |
| 2012 | 0.5% | -45.1% |
| 2013 | 0.1% | -76.7% |
| 2014 | 0.2% | +45.7% |
| 2015 | 0.4% | +144.4% |
| 2016 | 0.2% | -54.2% |
| 2017 | 0.0% | -73.7% |
| 2018 | -0.1% | -361.3% |
| 2019 | 0.0% | -100.3% |
| 2020 | 0.7% | +200833.9% |
| 2021 | 0.7% | +13.8% |
| 2022 | 1.1% | +45.0% |
| 2023 | 0.5% | -55.3% |
| 2024 | 0.7% | +46.0% |
| 2025 | 1.0% | +45.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -0.7% | -1.0% | -0.5% | 10 |
| 1970s | -0.9% | -2.6% | 0.4% | 10 |
| 1980s | -1.5% | -4.1% | -0.2% | 10 |
| 1990s | -0.6% | -1.3% | 0.7% | 10 |
| 2000s | 1.8% | 0.7% | 3.3% | 10 |
| 2010s | 0.3% | -0.1% | 1.1% | 10 |
| 2020s | 0.8% | 0.5% | 1.1% | 6 |
Countries ranked near IDA & IBRD total
More economy & growth data for IDA & IBRD total
- Foreign direct investment, net outflows (BoP, current US$), per capita 42.58 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0064 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 297.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 457.59 billion BoP, current US$ (2025)
- GDP (current US$), annual growth rate 5.93 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5782 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,824 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.74 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5252 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,473 constant 2015 US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in IDA & IBRD total?
- External balance on goods and services in IDA & IBRD total was 1.0% 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 IDA & IBRD total?
- The highest recorded value was 3.3% in 2006.
- What is the lowest external balance on goods and services recorded in IDA & IBRD total?
- The lowest recorded value was -4.1% in 1981.
- How does IDA & IBRD total rank for external balance on goods and services?
- IDA & IBRD total ranks 16th out of 44 groups with data for 2025.
- Is external balance on goods and services rising or falling in IDA & IBRD total?
- Over the last ten years it is up 163.3%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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 — 66 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.