Goods balance (credit less debit), Percent of GDP (Balance of) in East African Community (EAC)
East African Community (EAC): Goods balance (credit less debit), Percent of GDP (Balance of) was -4.62 in 2027. ▲ Rising
Goods balance (credit less debit), Percent of GDP (Balance of) in East African Community (EAC), 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), percent of gdp (balance of) in East African Community (EAC) is -4.62, measured in 2027. That is the highest value across all 28 years on record.
That represents a change of up 17.2% on the previous year and up 48.5% over ten years.
Over the whole period, goods balance (credit less debit), percent of gdp (balance of) in East African Community (EAC) peaked at -4.62 in 2027 and was at its lowest, -14.19, in 2011.
The long-run direction has been consistently rising across the 28 years of available data.
Goods balance (credit less debit), Percent of GDP (Balance of) in East African Community (EAC), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.41 | — |
| 2001 | -6.45 | +0.6% |
| 2002 | -5.5 | -14.8% |
| 2003 | -5.8 | +5.6% |
| 2004 | -6.81 | +17.3% |
| 2005 | -7.74 | +13.7% |
| 2006 | -10.19 | +31.7% |
| 2007 | -11.23 | +10.2% |
| 2008 | -11.82 | +5.2% |
| 2009 | -10.19 | -13.7% |
| 2010 | -11.64 | +14.1% |
| 2011 | -14.19 | +22.0% |
| 2012 | -13.79 | -2.8% |
| 2013 | -13.26 | -3.9% |
| 2014 | -12.54 | -5.4% |
| 2015 | -10.46 | -16.6% |
| 2016 | -8.42 | -19.5% |
| 2017 | -8.97 | +6.6% |
| 2018 | -9.56 | +6.6% |
| 2019 | -8.09 | -15.4% |
| 2020 | -6.84 | -15.5% |
| 2021 | -8.51 | +24.5% |
| 2022 | -10.22 | +20.1% |
| 2023 | -8.92 | -12.7% |
| 2024 | -7.95 | -10.8% |
| 2025 | -6.92 | -13.0% |
| 2026 | -5.58 | -19.4% |
| 2027 | -4.62 | -17.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.21 | -11.82 | -5.5 | 10 |
| 2010s | -11.09 | -14.19 | -8.09 | 10 |
| 2020s | -7.44 | -10.22 | -4.62 | 8 |
Countries ranked near East African Community (EAC)
More financial sector data for East African Community (EAC)
Frequently asked questions
- What is goods balance (credit less debit), percent of gdp (balance of) in East African Community (EAC)?
- Goods balance (credit less debit), percent of gdp (balance of) in East African Community (EAC) was -4.62 in 2027, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), percent of gdp (balance of) recorded in East African Community (EAC)?
- The highest recorded value was -4.62 in 2027.
- What is the lowest goods balance (credit less debit), percent of gdp (balance of) recorded in East African Community (EAC)?
- The lowest recorded value was -14.19 in 2011.
- How does East African Community (EAC) rank for goods balance (credit less debit), percent of gdp (balance of)?
- East African Community (EAC) ranks 19th out of 19 groups with data for 2027.
- Is goods balance (credit less debit), percent of gdp (balance of) rising or falling in East African Community (EAC)?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is rising.
- Where does this East African Community (EAC) data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.