External balance on goods and services in Guam
Guam: External balance on goods and services was -3.88 billion current LCU in 2022. ▼ Falling
External balance on goods and services in Guam, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Guam recorded -3.88 billion current LCU for external balance on goods and services in 2022. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 11.7% on the previous year and down 90.7% over ten years.
Over the whole period, external balance on goods and services in Guam peaked at -887.00 million current LCU in 2005 and was at its lowest, -3.88 billion current LCU, in 2022.
Guam ranks 101st of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.23 billion current LCU | -1.80 billion current LCU | -887.00 million current LCU | 8 |
| 2010s | -2.05 billion current LCU | -2.28 billion current LCU | -1.87 billion current LCU | 10 |
| 2020s | -3.45 billion current LCU | -3.88 billion current LCU | -3.01 billion current LCU | 3 |
Countries ranked near Guam
- 98 Greenland -2.36 billion current LCU compare
- 100 Eritrea -3.52 billion current LCU compare
- 102 Solomon Islands -4.05 billion current LCU compare
- 103 Sao Tome and Principe -4.27 billion current LCU compare
- 104 Jordan -4.55 billion current LCU compare
More economy & growth data for Guam
- External balance on goods and services -3.88 billion current US$ (2022)
- GDP 5.42 billion constant LCU (2022)
- GDP growth 5.1% (2022)
- Imports of goods and services 4.42 billion current US$ (2022)
- Imports of goods and services 4.42 billion current LCU (2022)
- Imports of goods and services 3.63 billion constant 2015 US$ (2022)
- Imports of goods and services 8.7% (2022)
- GDP 5.72 billion constant 2015 US$ (2022)
- Imports of goods and services 64.0% (2022)
- Inflation, GDP deflator 5.5% (2022)
Frequently asked questions
- What is external balance on goods and services in Guam?
- External balance on goods and services in Guam was -3.88 billion current 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 -887.00 million current LCU in 2005.
- What is the lowest external balance on goods and services recorded in Guam?
- The lowest recorded value was -3.88 billion current LCU in 2022.
- How does Guam rank for external balance on goods and services?
- Guam ranks 101st out of 192 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 90.7%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.