Colombia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Colombia was -6.61 as of 2020. Its highest value over the past 60 years was 6.84 in 1986, while its lowest value was -7.06 in 2015.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
Year | Value |
---|---|
1960 | 0.94 |
1961 | -0.84 |
1962 | 0.00 |
1963 | -0.37 |
1964 | -0.69 |
1965 | 2.43 |
1966 | -4.37 |
1967 | 0.87 |
1968 | -1.04 |
1969 | -0.47 |
1970 | -1.28 |
1971 | -4.05 |
1972 | 0.46 |
1973 | 2.26 |
1974 | -1.09 |
1975 | 1.81 |
1976 | 3.15 |
1977 | 3.67 |
1978 | 2.83 |
1979 | 1.77 |
1980 | 0.62 |
1981 | -3.57 |
1982 | -4.28 |
1983 | -2.78 |
1984 | -0.58 |
1985 | 1.28 |
1986 | 6.84 |
1987 | 4.03 |
1988 | 2.43 |
1989 | 4.18 |
1990 | 2.95 |
1991 | 4.66 |
1992 | -0.57 |
1993 | -5.81 |
1994 | -5.92 |
1995 | -6.43 |
1996 | -5.65 |
1997 | -5.91 |
1998 | -5.89 |
1999 | 0.54 |
2000 | -0.84 |
2001 | -3.13 |
2002 | -3.35 |
2003 | -3.37 |
2004 | -2.32 |
2005 | -3.48 |
2006 | -4.18 |
2007 | -4.23 |
2008 | -2.95 |
2009 | -2.31 |
2010 | -1.58 |
2011 | -0.92 |
2012 | -1.21 |
2013 | -1.81 |
2014 | -4.22 |
2015 | -7.06 |
2016 | -6.77 |
2017 | -4.99 |
2018 | -4.74 |
2019 | -5.82 |
2020 | -6.61 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts