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Metadata Glossary
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Global Economic Monitor (GEM) was updated on July 6, 2024
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Metadata Glossary
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Code
NE.RSB.GNFS.KN
Indicator Name
External balance on goods and services (constant LCU)
Long definition
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
Source
World Bank national accounts data, and OECD National Accounts data files.
Topic
Economic Policy & Debt: National accounts: Local currency at constant prices: Expenditure on GDP
Periodicity
Annual
Base Period
varies by country
License URL
https://datacatalog.worldbank.org/public-licenses#cc-by
License Type
CC BY-4.0
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