United Kingdom - External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in United Kingdom was -3,310,014,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 48,296,730,000 in 1997 and a minimum value of -31,991,900,000 in 2016.

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). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 14,267,770,000
1971 16,408,970,000
1972 9,601,913,000
1973 11,756,540,000
1974 18,704,880,000
1975 21,689,290,000
1976 27,259,040,000
1977 33,879,990,000
1978 32,669,090,000
1979 27,954,250,000
1980 31,448,520,000
1981 33,694,400,000
1982 30,092,700,000
1983 25,722,930,000
1984 23,805,880,000
1985 29,467,310,000
1986 27,140,400,000
1987 25,888,270,000
1988 7,608,552,000
1989 3,066,858,000
1990 11,876,890,000
1991 20,266,640,000
1992 17,216,890,000
1993 20,315,270,000
1994 28,596,280,000
1995 39,335,360,000
1996 37,576,340,000
1997 48,296,730,000
1998 32,795,580,000
1999 19,501,750,000
2000 21,041,870,000
2001 10,389,070,000
2002 -5,249,408,000
2003 -7,429,784,000
2004 -15,041,300,000
2005 -14,426,790,000
2006 -7,142,258,000
2007 -4,299,305,000
2008 7,469,703,000
2009 1,758,148,000
2010 -7,795,281,000
2011 14,760,340,000
2012 7,987,196,000
2013 -2,929,225,000
2014 -22,573,570,000
2015 -29,932,000,000
2016 -31,991,900,000
2017 -18,080,620,000
2018 -20,331,750,000
2019 -18,376,710,000
2020 -3,310,014,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts