What the Data Shows
Goods deficit per resident is measured as the merchandise trade deficit divided by population for selected deficit economies. The data ranks Luxembourg, Malta, Iceland, Hong Kong and Cyprus using World Integrated Trade Solution trade balances and population denominators. Luxembourg leads at about US$15.9k per resident, followed by Malta at US$9.96k and Iceland at US$9.67k. The measure uses goods trade only, with exports on an FOB basis and imports on a CIF basis in the WITS framework.
Sources
Source 1: World Integrated Trade Solution (WITS) Country Snapshot
Publisher: World Bank WITS / UN Comtrade
Dataset/table: WITS Country Snapshot — merchandise trade · World Integrated Trade Solution (WITS)
Units: US dollars
Date checked: 2026-05-17
Evidence: Reports Luxembourg merchandise trade balance of negative US$10.788B.
Source 2: World Integrated Trade Solution (WITS) Country Snapshot
Publisher: World Bank WITS / UN Comtrade
Dataset/table: WITS Country Snapshot — merchandise trade · World Integrated Trade Solution (WITS)
Units: US dollars
Date checked: 2026-05-17
Evidence: Reports Malta's 2024 merchandise trade balance of negative US$5.665B.
Source 3: World Integrated Trade Solution (WITS) Country Snapshot
Publisher: World Bank WITS / UN Comtrade
Dataset/table: WITS Country Snapshot — merchandise trade · World Integrated Trade Solution (WITS)
Units: US dollars
Date checked: 2026-05-17
Evidence: Reports Iceland's latest merchandise trade balance of negative US$3.762B.
Source 4: World Integrated Trade Solution (WITS) Country Snapshot
Publisher: World Bank WITS / UN Comtrade
Dataset/table: WITS Country Snapshot — merchandise trade · World Integrated Trade Solution (WITS)
Units: US dollars
Date checked: 2026-05-17
Evidence: Reports Hong Kong merchandise trade balance of negative US$58.493B.
Source 5: World Integrated Trade Solution (WITS) Country Snapshot
Publisher: World Bank WITS / UN Comtrade
Dataset/table: WITS Country Snapshot — merchandise trade · World Integrated Trade Solution (WITS)
Units: US dollars
Date checked: 2026-05-17
Evidence: Reports Cyprus's 2024 merchandise trade balance of negative US$8.926B.
Source 6: World Bank World Development Indicators
Publisher: World Bank
Dataset/table: World Development Indicators
Units: Persons
Date checked: 2026-05-17
Evidence: Supports population denominators for per-resident trade-balance calculations.
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