Goods balance (credit less debit), Net (credits less debits) in Middle East and Central Asia
Middle East and Central Asia: Goods balance (credit less debit), Net (credits less debits) was 197.05 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Middle East and Central Asia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Middle East and Central Asia is 197.05 billion, measured in 2024.
Compared with earlier readings it is down 32.8% on the previous year and down 54.4% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Middle East and Central Asia peaked at 665.45 billion in 2012 and was at its lowest, 30.57 billion, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Middle East and Central Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 269.76 billion | — |
| 2006 | 351.81 billion | +30.4% |
| 2007 | 370.62 billion | +5.3% |
| 2008 | 506.18 billion | +36.6% |
| 2009 | 213.72 billion | -57.8% |
| 2010 | 386.17 billion | +80.7% |
| 2011 | 659.07 billion | +70.7% |
| 2012 | 665.45 billion | +1.0% |
| 2013 | 589.14 billion | -11.5% |
| 2014 | 431.79 billion | -26.7% |
| 2015 | 71.09 billion | -83.5% |
| 2016 | 46.52 billion | -34.6% |
| 2017 | 155.90 billion | +235.1% |
| 2018 | 335.02 billion | +114.9% |
| 2019 | 216.71 billion | -35.3% |
| 2020 | 30.57 billion | -85.9% |
| 2021 | 280.19 billion | +816.5% |
| 2022 | 535.20 billion | +91.0% |
| 2023 | 293.12 billion | -45.2% |
| 2024 | 197.05 billion | -32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 342.42 billion | 213.72 billion | 506.18 billion | 5 |
| 2010s | 355.68 billion | 46.52 billion | 665.45 billion | 10 |
| 2020s | 267.23 billion | 30.57 billion | 535.20 billion | 5 |
Countries ranked near Middle East and Central Asia
- 2 Germany 257.25 billion compare
- 3 Ireland 190.99 billion compare
- 4 Singapore 148.13 billion compare
- 5 Russian Federation 132.09 billion compare
- 6 Switzerland 130.84 billion compare
- 7 Republic of Korea 100.13 billion compare
- 8 Taiwan, China 99.42 billion compare
More financial sector data for Middle East and Central Asia
- Total reserves (gold at market value) 1.18 trillion SDR (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.5641 % change on previous year (2025)
- Reserves excluding gold (SDR), annual growth rate -0.5256 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 7.67 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 5.39 % change on previous year (2025)
- Total reserves (gold at national valuation) 1.11 trillion SDR (2025)
- Reserves excluding gold, foreign exchange 893.42 billion SDR (2025)
- Gold reserves at 35 SDRs per ounce 3.03 billion SDR (2025)
- Gold reserves at market value 245.66 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.31 % change on previous year (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Middle East and Central Asia?
- Goods balance (credit less debit), net (credits less debits) in Middle East and Central Asia was 197.05 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The highest recorded value was 665.45 billion in 2012.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Middle East and Central Asia?
- The lowest recorded value was 30.57 billion in 2020.
- How does Middle East and Central Asia rank for goods balance (credit less debit), net (credits less debits)?
- Middle East and Central Asia ranks 5th out of 9 groups with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Middle East and Central Asia?
- Over the last ten years it is down 54.4%. The long-run trend across the full record is volatile.
- Where does this Middle East and Central Asia data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.