Trade balance in high-income countries in 2024 — 620,769,584,566 US$. Since 1995, the indicator has risen by 219.3%.
1995–2024 · US$
How the value compares with the world and the groups this territory belongs to: High-income countries
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 621B | +48.13B | +8.41% |
| 2023 | 573B | +37.29B | +6.97% |
| 2022 | 535B | −169B | −23.99% |
| 2021 | 704B | +337B | +91.91% |
| 2020 | 367B | −196B | −34.85% |
| 2019 | 563B | −166B | −22.78% |
| 2018 | 729B | +111B | +17.94% |
| 2017 | 618B | +87.19B | +16.41% |
| 2016 | 531B | +22.82B | +4.49% |
| 2015 | 508B | −221B | −30.34% |
| 2014 | 730B | −51.87B | −6.64% |
| 2013 | 782B | +130B | +19.96% |
| 2012 | 652B | +131B | +25.24% |
| 2011 | 520B | +163B | +45.67% |
| 2010 | 357B | +97.96B | +37.79% |
| 2009 | 259B | +211B | +438.05% |
| 2008 | 48.18B | +10.01B | +26.23% |
| 2007 | 38.17B | +76.57B | +199.4% |
| 2006 | -38.4B | −13.73B | −55.64% |
| 2005 | -24.67B | −58.02B | −173.98% |
| 2004 | 33.35B | +47.91B | +329.06% |
| 2003 | -14.56B | −4.99B | −52.2% |
| 2002 | -9.57B | +27.04B | +73.87% |
| 2001 | -36.61B | +968M | +2.58% |
| 2000 | -37.58B | −94.08B | −166.51% |
| 1999 | 56.5B | −94.5B | −62.58% |
| 1998 | 151B | −44.9B | −22.92% |
| 1997 | 196B | +27.47B | +16.31% |
| 1996 | 168B | −25.97B | −13.36% |
| 1995 | 194B | — | — |
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.