Trade balance, percent of GDP - Country rankings
* indicates monthly or quarterly data series
Trade balance as percent of GDP, 2024:
The average for 2024 based on 166 countries was -4.41 percent. The highest value was in Macao: 42.3 percent and the lowest value was in Kiribati: -93.08 percent. The indicator is available from 1960 to 2025. Below is a chart for all countries where data are available.Measure: percent; Source: The World Bank
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* indicates monthly or quarterly data series
| Countries | Trade balance, percent of GDP, 2024 | Global rank | Available data |
|---|---|---|---|
| Macao | 42.3 | 1 | 1982 - 2025 |
| Ireland | 41.8 | 2 | 1970 - 2025 |
| Gabon | 37.11 | 3 | 1960 - 2025 |
| Singapore | 36.01 | 4 | 1960 - 2025 |
| Luxembourg | 31.8 | 5 | 1970 - 2025 |
| Bermuda | 30.09 | 6 | 2010 - 2024 |
| Malta | 19.23 | 7 | 1970 - 2025 |
| Kuwait | 17.52 | 8 | 1965 - 2024 |
| Bahrain | 17.49 | 9 | 1980 - 2024 |
| Oman | 17.29 | 10 | 1967 - 2024 |
| Brunei | 15.95 | 11 | 1974 - 2025 |
| Eq. Guinea | 15.66 | 12 | 2005 - 2025 |
| Norway | 13.18 | 13 | 1970 - 2025 |
| R. of Congo | 12.37 | 14 | 1960 - 2025 |
| Switzerland | 12.05 | 15 | 1970 - 2025 |
| Angola | 11.91 | 16 | 2002 - 2025 |
| Djibouti | 11.59 | 17 | 2013 - 2025 |
| Netherlands | 11.04 | 18 | 1969 - 2025 |
| Chad | 10.82 | 19 | 1960 - 2025 |
| Denmark | 10.24 | 20 | 1966 - 2025 |
| Puerto Rico | 9.13 | 21 | 1971 - 2025 |
| Azerbaijan | 9.1 | 22 | 1990 - 2025 |
| Aruba | 7.8 | 23 | 1995 - 2024 |
| Zambia | 7.43 | 24 | 1994 - 2024 |
| Venezuela | 7.23 | 25 | 1960 - 2025 |
| Vietnam | 6.45 | 26 | 1986 - 2025 |
| Turkmenistan | 6.41 | 27 | 1991 - 2025 |
| Czechia | 6.25 | 28 | 1990 - 2025 |
| Slovenia | 6.18 | 29 | 1990 - 2025 |
| Peru | 6.09 | 30 | 1960 - 2025 |
| Kazakhstan | 6.01 | 31 | 1992 - 2024 |
| Libya | 5.95 | 32 | 1990 - 2025 |
| Lithuania | 5.46 | 33 | 1995 - 2025 |
| Malaysia | 5.32 | 34 | 1960 - 2025 |
| Costa Rica | 5.21 | 35 | 1960 - 2025 |
| Panama | 5.04 | 36 | 1960 - 2024 |
| Uruguay | 5.01 | 37 | 1960 - 2025 |
| Hungary | 4.47 | 38 | 1991 - 2025 |
| Russia | 4.29 | 39 | 1989 - 2025 |
| Spain | 4.16 | 40 | 1970 - 2025 |
| South Korea | 4.07 | 41 | 1960 - 2025 |
| Poland | 4 | 42 | 1995 - 2025 |
| Hong Kong | 3.86 | 43 | 1961 - 2025 |
| Germany | 3.78 | 44 | 1970 - 2025 |
| Cyprus | 3.64 | 45 | 1975 - 2025 |
| Thailand | 3.62 | 46 | 1960 - 2025 |
| Ecuador | 3.55 | 47 | 1960 - 2025 |
| Chile | 3.51 | 48 | 1960 - 2025 |
| Faroe Isl. | 3.36 | 49 | 1962 - 2024 |
| Sweden | 3.03 | 50 | 1960 - 2025 |
| China | 2.93 | 51 | 1960 - 2025 |
| Argentina | 2.57 | 52 | 1960 - 2025 |
| Austria | 2.53 | 53 | 1970 - 2025 |
| Bulgaria | 2.51 | 54 | 1980 - 2025 |
| Israel | 2.42 | 55 | 1970 - 2025 |
| Iraq | 2.39 | 56 | 1970 - 2024 |
| Saudi Arabia | 2.37 | 57 | 1968 - 2025 |
| Australia | 2.1 | 58 | 1960 - 2025 |
| Italy | 2.08 | 59 | 1970 - 2025 |
| Portugal | 1.98 | 60 | 1970 - 2025 |
| South Africa | 1.94 | 61 | 1960 - 2025 |
| Indonesia | 1.81 | 62 | 1960 - 2025 |
| Belize | 1.47 | 63 | 1980 - 2024 |
| Ghana | 1.14 | 64 | 1960 - 2024 |
| Ivory Coast | 0.79 | 65 | 1960 - 2025 |
| Turkey | 0.54 | 66 | 1960 - 2025 |
| Finland | 0.36 | 67 | 1970 - 2025 |
| Estonia | 0.3 | 68 | 1993 - 2025 |
| Brazil | 0.29 | 69 | 1960 - 2025 |
| Swaziland | 0.03 | 70 | 2013 - 2024 |
| Maldives | -0.05 | 71 | 2014 - 2024 |
| Canada | -0.18 | 72 | 1961 - 2025 |
| Slovakia | -0.25 | 73 | 1990 - 2025 |
| France | -0.33 | 74 | 1960 - 2025 |
| Belgium | -0.39 | 75 | 1970 - 2025 |
| Algeria | -0.43 | 76 | 1960 - 2025 |
| Sudan | -0.55 | 77 | 1960 - 2025 |
| Cambodia | -0.72 | 78 | 1993 - 2025 |
| UK | -0.73 | 79 | 1970 - 2025 |
| Mexico | -0.86 | 80 | 1960 - 2025 |
| Japan | -0.89 | 81 | 1970 - 2024 |
| Mongolia | -1.02 | 82 | 1981 - 2025 |
| New Zealand | -1.25 | 83 | 1970 - 2024 |
| Iceland | -1.27 | 84 | 1970 - 2025 |
| Latvia | -1.58 | 85 | 1995 - 2025 |
| Paraguay | -1.67 | 86 | 1962 - 2025 |
| India | -1.79 | 87 | 1960 - 2025 |
| Tanzania | -1.84 | 88 | 1990 - 2025 |
| Belarus | -1.93 | 89 | 1990 - 2025 |
| Sri Lanka | -2.61 | 90 | 1960 - 2025 |
| Armenia | -2.81 | 91 | 1990 - 2025 |
| DR Congo | -2.85 | 92 | 1994 - 2025 |
| Benin | -2.96 | 93 | 1960 - 2025 |
| Cameroon | -3.06 | 94 | 1965 - 2025 |
| USA | -3.07 | 95 | 1970 - 2024 |
| Burkina Faso | -3.36 | 96 | 1960 - 2025 |
| Bahamas | -3.68 | 97 | 1977 - 2024 |
| Bolivia | -4.11 | 98 | 1960 - 2024 |
| Colombia | -4.16 | 99 | 1960 - 2025 |
| Serbia | -4.56 | 100 | 1995 - 2025 |
| Croatia | -4.63 | 101 | 1995 - 2025 |
| Iran | -4.96 | 102 | 1960 - 2025 |
| Mali | -5.12 | 103 | 1967 - 2025 |
| Zimbabwe | -5.39 | 104 | 1975 - 2024 |
| Greece | -5.55 | 105 | 1960 - 2025 |
| Bangladesh | -5.86 | 106 | 1960 - 2025 |
| Romania | -6.01 | 107 | 1990 - 2025 |
| Sierra Leone | -6.01 | 108 | 1964 - 2025 |
| Domin. Rep. | -6.25 | 109 | 1960 - 2025 |
| Kenya | -6.3 | 110 | 1960 - 2025 |
| Tunisia | -6.3 | 111 | 1965 - 2025 |
| Ethiopia | -6.32 | 112 | 2011 - 2025 |
| Niger | -6.39 | 113 | 1960 - 2025 |
| Pakistan | -6.79 | 114 | 1960 - 2025 |
| Egypt | -6.85 | 115 | 1960 - 2025 |
| Albania | -6.88 | 116 | 1980 - 2025 |
| Georgia | -7.83 | 117 | 1987 - 2025 |
| Morocco | -8.19 | 118 | 1960 - 2025 |
| Uganda | -9.14 | 119 | 1960 - 2025 |
| Madagascar | -9.52 | 120 | 1960 - 2025 |
| Mozambique | -9.99 | 121 | 1991 - 2025 |
| Fiji | -10.15 | 122 | 1980 - 2024 |
| Mauritania | -10.78 | 123 | 1961 - 2025 |
| Mauritius | -11.2 | 124 | 1976 - 2025 |
| Cape Verde | -11.54 | 125 | 1980 - 2025 |
| North Macedonia | -12.97 | 126 | 1990 - 2025 |
| S.T.&Principe | -13.15 | 127 | 2008 - 2025 |
| Bosnia & Herz. | -13.35 | 128 | 1994 - 2025 |
| Haiti | -14.27 | 129 | 1988 - 2025 |
| Philippines | -14.39 | 130 | 1981 - 2025 |
| Uzbekistan | -14.4 | 131 | 1997 - 2025 |
| Seychelles | -14.72 | 132 | 1976 - 2025 |
| Rwanda | -14.84 | 133 | 1960 - 2025 |
| G.-Bissau | -14.98 | 134 | 1970 - 2025 |
| Guinea | -14.99 | 135 | 1986 - 2025 |
| Botswana | -15.29 | 136 | 1960 - 2025 |
| Guatemala | -15.54 | 137 | 1960 - 2025 |
| Bhutan | -16.37 | 138 | 1980 - 2024 |
| C.A. Republic | -16.42 | 139 | 1960 - 2025 |
| N. Caledonia | -16.98 | 140 | 1990 - 2024 |
| Nicaragua | -17.17 | 141 | 1960 - 2025 |
| Senegal | -17.27 | 142 | 1960 - 2025 |
| Samoa | -18.21 | 143 | 2002 - 2025 |
| Malawi | -19.33 | 144 | 2017 - 2025 |
| Ukraine | -20.34 | 145 | 1989 - 2025 |
| El Salvador | -20.36 | 146 | 1965 - 2025 |
| Montenegro | -22.45 | 147 | 2000 - 2025 |
| Vanuatu | -22.69 | 148 | 1980 - 2024 |
| Comoros | -23.02 | 149 | 1980 - 2025 |
| Honduras | -23.83 | 150 | 1960 - 2025 |
| Gambia | -24.67 | 151 | 1966 - 2025 |
| Nepal | -25.06 | 152 | 1965 - 2025 |
| Moldova | -25.76 | 153 | 1995 - 2025 |
| Namibia | -25.87 | 154 | 1980 - 2025 |
| Solomon Isl. | -30.22 | 155 | 1980 - 2024 |
| Palestine | -30.88 | 156 | 1994 - 2025 |
| Lebanon | -35.6 | 157 | 1989 - 2024 |
| Kyrgyzstan | -36.56 | 158 | 1990 - 2025 |
| Tajikistan | -36.66 | 159 | 1993 - 2024 |
| Palau | -40.41 | 160 | 2005 - 2024 |
| Tonga | -43.78 | 161 | 1975 - 2024 |
| Micronesia | -51.55 | 162 | 1983 - 2025 |
| Afghanistan | -52.36 | 163 | 2020 - 2024 |
| Lesotho | -53.66 | 164 | 1960 - 2025 |
| Somalia | -67.9 | 165 | 1960 - 2025 |
| Kiribati | -93.08 | 166 | 1972 - 2024 |
Definition: 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.
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42.30
41.80
37.11
36.01
31.80
30.09
19.23
17.52
17.49
17.29
15.95
15.66
13.18
12.37
12.05
11.91
11.59
11.04
10.82
10.24
9.13
9.10
7.80
7.43
7.23
6.45
6.41
6.25
6.18
6.09
6.01
5.95
5.46
5.32
5.21
5.04
5.01
4.47
4.29
4.16
4.07
4.00
3.86
3.78
3.64
3.62
3.55
3.51
3.36
3.03
2.93
2.57
2.53
2.51
2.42
2.39
2.37
2.10
2.08
1.98
1.94
1.81
1.47
1.14
0.79
0.54
0.36
0.30
0.29
0.03
-0.05
-0.18
-0.25
-0.33
-0.39
-0.43
-0.55
-0.72
-0.73
-0.86
-0.89
-1.02
-1.25
-1.27
-1.58
-1.67
-1.79
-1.84
-1.93
-2.61
-2.81
-2.85
-2.96
-3.06
-3.07
-3.36
-3.68
-4.11
-4.16
-4.56
-4.63
-4.96
-5.12
-5.39
-5.55
-5.86
-6.01
-6.01
-6.25
-6.30
-6.30
-6.32
-6.39
-6.79
-6.85
-6.88
-7.83
-8.19
-9.14
-9.52
-9.99
-10.15
-10.78
-11.20
-11.54
-12.97
-13.15
-13.35
-14.27
-14.39
-14.40
-14.72
-14.84
-14.98
-14.99
-15.29
-15.54
-16.37
-16.42
-16.98
-17.17
-17.27
-18.21
-19.33
-20.34
-20.36
-22.45
-22.69
-23.02
-23.83
-24.67
-25.06
-25.76
-25.87
-30.22
-30.88
-35.60
-36.56
-36.66
-40.41
-43.78
-51.55
-52.36
-53.66
-67.90
-93.08
-93.08
-59.2
-25.4
8.5
42.3
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