External balance on goods and services in Guam
Guam: External balance on goods and services was -3.30 billion constant LCU in 2022. ▼ Falling
External balance on goods and services in Guam, 2012–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Guam recorded -3.30 billion constant LCU for external balance on goods and services in 2022. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 0.7% on the previous year and down 62.4% over ten years.
Over the whole period, external balance on goods and services in Guam peaked at -1.96 billion constant LCU in 2017 and was at its lowest, -3.30 billion constant LCU, in 2022.
That places Guam 81st out of 161 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.10 billion constant LCU | -2.26 billion constant LCU | -1.96 billion constant LCU | 8 |
| 2020s | -3.21 billion constant LCU | -3.30 billion constant LCU | -3.04 billion constant LCU | 3 |
Countries ranked near Guam
- 78 Montenegro -2.05 billion constant LCU compare
- 79 Sao Tome and Principe -2.57 billion constant LCU compare
- 80 South Sudan -2.80 billion constant LCU compare
- 82 New Zealand -3.69 billion constant LCU compare
- 83 Portugal -3.84 billion constant LCU compare
- 84 Palestine -3.92 billion constant LCU compare
More economy & growth data for Guam
- Imports of goods and services 64.0% (2022)
- Trade 71.9% (2022)
- External balance on goods and services -56.1% (2022)
- External balance on goods and services -3.88 billion current LCU (2022)
- External balance on goods and services -3.88 billion current US$ (2022)
- Imports of goods and services 4.42 billion current LCU (2022)
- GDP per capita growth 4.2% (2022)
- Imports of goods and services 4.42 billion current US$ (2022)
- GDP per capita 34,628 constant 2015 US$ (2022)
- Imports of goods and services 8.7% (2022)
Frequently asked questions
- What is external balance on goods and services in Guam?
- External balance on goods and services in Guam was -3.30 billion constant LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Guam?
- The highest recorded value was -1.96 billion constant LCU in 2017.
- What is the lowest external balance on goods and services recorded in Guam?
- The lowest recorded value was -3.30 billion constant LCU in 2022.
- How does Guam rank for external balance on goods and services?
- Guam ranks 81st out of 161 countries with data for 2022.
- Is external balance on goods and services rising or falling in Guam?
- Over the last ten years it is down 62.4%. The long-run trend across the full record is falling.
- Where does this Guam 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 (constant LCU). 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.