External balance on goods and services in Other small states
Other small states: External balance on goods and services was 1.9% in 2025. ◆ Volatile
External balance on goods and services in Other small states, 1993–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Other small states recorded 1.9% for external balance on goods and services in 2025.
That represents a change of up 37.5% on the previous year and down 40.9% over ten years.
Over the whole period, external balance on goods and services in Other small states peaked at 5.2% in 2014 and was at its lowest, -6.8%, in 1998.
That places Other small states 12th out of 44 groups with data for 2025, putting it 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 Other small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | -4.4% | — |
| 1994 | -5.0% | +15.4% |
| 1995 | -4.1% | -18.5% |
| 1996 | -5.9% | +42.9% |
| 1997 | -6.3% | +6.5% |
| 1998 | -6.8% | +8.7% |
| 1999 | -4.6% | -32.2% |
| 2000 | -0.9% | -81.1% |
| 2001 | 0.5% | -153.1% |
| 2002 | -0.9% | -299.4% |
| 2003 | -1.0% | +4.2% |
| 2004 | -1.8% | +91.9% |
| 2005 | -2.2% | +19.3% |
| 2006 | -4.3% | +93.4% |
| 2007 | -4.7% | +10.3% |
| 2008 | -3.8% | -18.1% |
| 2009 | -0.4% | -88.8% |
| 2010 | 1.2% | -376.3% |
| 2011 | 3.1% | +157.9% |
| 2012 | 2.1% | -31.4% |
| 2013 | 3.0% | +40.9% |
| 2014 | 5.2% | +75.0% |
| 2015 | 3.2% | -38.0% |
| 2016 | 1.8% | -44.7% |
| 2017 | 1.9% | +4.3% |
| 2018 | 1.3% | -32.5% |
| 2019 | 1.9% | +54.1% |
| 2020 | -1.3% | -169.7% |
| 2021 | 2.3% | -269.3% |
| 2022 | 2.0% | -10.2% |
| 2023 | 1.8% | -13.2% |
| 2024 | 1.4% | -22.2% |
| 2025 | 1.9% | +37.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.3% | -6.8% | -4.1% | 7 |
| 2000s | -2.0% | -4.7% | 0.5% | 10 |
| 2010s | 2.4% | 1.2% | 5.2% | 10 |
| 2020s | 1.3% | -1.3% | 2.3% | 6 |
Countries ranked near Other small states
More economy & growth data for Other small states
- General government final consumption expenditure (constant 2015 US$) 0.1382 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4131 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 53.39 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,547 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5443 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.27 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.95 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,424 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$) 11.29 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Other small states?
- External balance on goods and services in Other small states was 1.9% 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 Other small states?
- The highest recorded value was 5.2% in 2014.
- What is the lowest external balance on goods and services recorded in Other small states?
- The lowest recorded value was -6.8% in 1998.
- How does Other small states rank for external balance on goods and services?
- Other small states ranks 12th out of 44 groups with data for 2025.
- Is external balance on goods and services rising or falling in Other small states?
- Over the last ten years it is down 40.9%. The long-run trend across the full record is volatile.
- Where does this Other small states 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.