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Spain

Trade Balance (Percent of GDP)

1.47
as percent of GDP
Source: United Nations
57
Hong Kong1.82
58
Ecuador1.78
59
Hungary1.7
61
Bulgaria1.47
61
Spain1.47
63
Belgium1.41
64
Brazil1.39
65
Peru1.23
66
Latvia1.17
15
Sweden4.58
16
Italy3.69
17
Belarus3.12
18
Austria2.87
19
Hungary1.7
20
Spain1.47
20
Bulgaria1.47
22
Belgium1.41
23
Latvia1.17
24
Slovakia0.93
25
Estonia0.48

Definition of Trade Balance (Percent of GDP)

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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