External balance on goods and services in Late-demographic dividend
Late-demographic dividend: External balance on goods and services was 4.7% in 2025. ◆ Volatile
External balance on goods and services in Late-demographic dividend, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Late-demographic dividend recorded 4.7% for external balance on goods and services in 2025.
That represents a change of up 17.9% on the previous year and up 23.9% over ten years.
Over the whole period, external balance on goods and services in Late-demographic dividend peaked at 6.8% in 2006 and was at its lowest, -1.6%, in 1982.
Late-demographic dividend ranks 3rd of 44 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | -0.9% | — |
| 1971 | -0.9% | -0.5% |
| 1972 | -0.6% | -34.3% |
| 1973 | -0.2% | -67.4% |
| 1974 | -0.7% | +254.5% |
| 1975 | -1.4% | +115.7% |
| 1976 | -0.7% | -49.2% |
| 1977 | -0.9% | +23.4% |
| 1978 | -1.6% | +76.9% |
| 1979 | -0.8% | -47.6% |
| 1980 | -1.3% | +58.1% |
| 1981 | -1.5% | +18.3% |
| 1982 | -1.6% | +5.5% |
| 1983 | -0.6% | -60.4% |
| 1984 | 0.7% | -205.5% |
| 1985 | -0.7% | -198.5% |
| 1986 | -0.6% | -15.8% |
| 1987 | 1.5% | -360.5% |
| 1988 | 1.4% | -7.5% |
| 1989 | 0.9% | -30.3% |
| 1990 | 0.4% | -57.0% |
| 1991 | -0.1% | -123.9% |
| 1992 | 4.0% | -4188.8% |
| 1993 | 0.7% | -83.3% |
| 1994 | 0.7% | +0.2% |
| 1995 | -0.3% | -146.5% |
| 1996 | -0.3% | +6.1% |
| 1997 | 0.4% | -211.9% |
| 1998 | 1.4% | +294.9% |
| 1999 | 3.1% | +116.6% |
| 2000 | 3.6% | +16.2% |
| 2001 | 3.0% | -16.1% |
| 2002 | 3.5% | +15.6% |
| 2003 | 4.0% | +13.7% |
| 2004 | 4.4% | +10.7% |
| 2005 | 6.0% | +36.4% |
| 2006 | 6.8% | +13.1% |
| 2007 | 5.8% | -15.1% |
| 2008 | 5.4% | -7.5% |
| 2009 | 4.0% | -26.0% |
| 2010 | 4.1% | +4.3% |
| 2011 | 4.1% | -1.4% |
| 2012 | 4.1% | -0.5% |
| 2013 | 3.6% | -11.3% |
| 2014 | 3.3% | -7.6% |
| 2015 | 3.8% | +12.9% |
| 2016 | 2.9% | -23.4% |
| 2017 | 2.8% | -1.7% |
| 2018 | 2.6% | -6.6% |
| 2019 | 2.0% | -24.0% |
| 2020 | 2.8% | +37.1% |
| 2021 | 3.5% | +26.8% |
| 2022 | 4.6% | +30.4% |
| 2023 | 3.4% | -26.1% |
| 2024 | 3.9% | +17.3% |
| 2025 | 4.7% | +17.9% |
Biggest year-on-year movements
Years where External balance on goods and services in Late-demographic dividend changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +4188.8% | -0.1% | 4.0% |
| 1987 | +360.5% | -0.6% | 1.5% |
| 1998 | +294.9% | 0.4% | 1.4% |
| 1974 | -254.5% | -0.2% | -0.7% |
| 1997 | +211.9% | -0.3% | 0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.9% | -1.6% | -0.2% | 10 |
| 1980s | -0.2% | -1.6% | 1.5% | 10 |
| 1990s | 1.0% | -0.3% | 4.0% | 10 |
| 2000s | 4.7% | 3.0% | 6.8% | 10 |
| 2010s | 3.3% | 2.0% | 4.1% | 10 |
| 2020s | 3.8% | 2.8% | 4.7% | 6 |
Countries ranked near Late-demographic dividend
- 1 Macau, China 45.4% compare
- 2 Ireland 40.2% compare
- 3 Qatar 37.0% compare
- 4 Singapore 35.4% compare
- 5 Luxembourg 31.2% compare
- 6 San Marino 31.0% compare
More economy & growth data for Late-demographic dividend
- Foreign direct investment, net outflows (BoP, current US$), gaps 244.79 billion BoP, current US$ (2025)
- Gross capital formation (current US$), per unit of GDP 0.3356 current US$ per US$ of GDP (2024)
- GDP 28.99 trillion constant 2015 US$ (2025)
- GDP 31.87 trillion current US$ (2025)
- Inflation, GDP deflator 3.7% (2025)
- Gross capital formation (current US$), per capita 4,321 current US$ per person (2024)
- Gross fixed capital formation (current US$), per capita 4,235 current US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 1.15 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3289 current US$ per US$ of GDP (2024)
- GDP growth 4.5% (2025)
Frequently asked questions
- What is external balance on goods and services in Late-demographic dividend?
- External balance on goods and services in Late-demographic dividend was 4.7% 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 Late-demographic dividend?
- The highest recorded value was 6.8% in 2006.
- What is the lowest external balance on goods and services recorded in Late-demographic dividend?
- The lowest recorded value was -1.6% in 1982.
- How does Late-demographic dividend rank for external balance on goods and services?
- Late-demographic dividend ranks 3rd out of 44 groups with data for 2025.
- Is external balance on goods and services rising or falling in Late-demographic dividend?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend 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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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.