Latvia vs Montenegro: External balance on goods and services
External balance on goods and services over time
- Latvia
- Montenegro
How they compare
Latvia currently reports -1.60 billion constant LCU against -2.05 billion constant LCU in Montenegro, a difference of 455.65 million constant LCU.
Across all 16 years both countries report, Latvia has been ahead every year.
Latvia ranks 76th and Montenegro ranks 78th of 161 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 664.87 million constant LCU | -893.28 million constant LCU | 1.56 billion constant LCU | Latvia |
| 2020s | -565.81 million constant LCU | -1.60 billion constant LCU | 1.03 billion constant LCU | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Latvia or Montenegro?
- Latvia, at -1.60 billion constant LCU against -2.05 billion constant LCU in Montenegro as of 2025.
- What is the difference in external balance on goods and services between Latvia and Montenegro?
- 455.65 million constant LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 16 years are reported by both, from 2010 to 2025.
- How do Latvia and Montenegro rank globally for external balance on goods and services?
- Latvia ranks 76th and Montenegro ranks 78th of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.