External balance on goods and services in Guam
Guam: External balance on goods and services was -3.88 billion current US$ 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 US$.
Analysis
Guam recorded -3.88 billion current US$ 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 US$ in 2005 and was at its lowest, -3.88 billion current US$, in 2022.
That places Guam 146th out of 192 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.23 billion current US$ | -1.80 billion current US$ | -887.00 million current US$ | 8 |
| 2010s | -2.05 billion current US$ | -2.28 billion current US$ | -1.87 billion current US$ | 10 |
| 2020s | -3.45 billion current US$ | -3.88 billion current US$ | -3.01 billion current US$ | 3 |
Countries ranked near Guam
More economy & growth data for Guam
- External balance on goods and services -3.88 billion current LCU (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 US$ 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 US$ in 2005.
- What is the lowest external balance on goods and services recorded in Guam?
- The lowest recorded value was -3.88 billion current US$ in 2022.
- How does Guam rank for external balance on goods and services?
- Guam ranks 146th 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 US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.