External balance on goods and services in Naoero
Naoero: External balance on goods and services was -41.9% in 2025. ◆ Volatile
External balance on goods and services in Naoero, 2008–2025
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 Naoero stood at -41.9%.
That represents a change of up 21.7% on the previous year and up 26.3% over ten years.
Over the whole period, external balance on goods and services in Naoero peaked at 22.8% in 2013 and was at its lowest, -57.8%, in 2021.
That places Naoero 183rd out of 193 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Naoero, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 16.7% | — |
| 2009 | 21.7% | +30.0% |
| 2010 | 3.7% | -82.9% |
| 2011 | -6.1% | -263.6% |
| 2012 | 16.3% | -369.4% |
| 2013 | 22.8% | +39.8% |
| 2014 | 0.9% | -95.9% |
| 2015 | -56.9% | -6241.2% |
| 2016 | -25.4% | -55.4% |
| 2017 | -22.1% | -13.0% |
| 2018 | -31.2% | +41.5% |
| 2019 | -35.1% | +12.5% |
| 2020 | -47.8% | +36.2% |
| 2021 | -57.8% | +20.8% |
| 2022 | -50.4% | -12.8% |
| 2023 | -53.3% | +5.9% |
| 2024 | -53.5% | +0.3% |
| 2025 | -41.9% | -21.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.2% | 16.7% | 21.7% | 2 |
| 2010s | -13.3% | -56.9% | 22.8% | 10 |
| 2020s | -50.8% | -57.8% | -41.9% | 6 |
Countries ranked near Naoero
- 180 Kyrgyzstan -38.8% compare
- 181 Cuba -39.9% compare
- 182 Palau -40.4% compare
- 184 Tonga -43.8% compare
- 185 Marshall Islands -43.8% compare
- 186 Northern Mariana Islands -48.6% compare
More economy & growth data for Naoero
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.827 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2806 Percent per annum (2029)
- GNI (current US$), per unit of GDP 1.42 current US$ per US$ of GDP (2025)
- GDP (current LCU), per unit of GDP 1.55 current LCU per US$ of GDP (2025)
- GNI (current US$), annual growth rate -2.66 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 20,690 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.41 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate -5.08 % change on previous year (2025)
- GDP (constant LCU), per capita 10,832 constant LCU per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.5697 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Naoero?
- External balance on goods and services in Naoero was -41.9% 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 Naoero?
- The highest recorded value was 22.8% in 2013.
- What is the lowest external balance on goods and services recorded in Naoero?
- The lowest recorded value was -57.8% in 2021.
- How does Naoero rank for external balance on goods and services?
- Naoero ranks 183rd out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Naoero?
- Over the last ten years it is up 26.3%. The long-run trend across the full record is volatile.
- Where does this Naoero 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.