Latvia vs Montenegro: External balance on goods and services
Latvia
-1.97 billion current LCU
in 2025
Montenegro
-2.10 billion current LCU
in 2025
Latvia rank
96th
Montenegro rank
97th
External balance on goods and services over time
- Latvia
- Montenegro
How they compare
Latvia currently reports -1.97 billion current LCU against -2.10 billion current LCU in Montenegro, a difference of 125.74 million current LCU.
The two have swapped places 5 times across 26 shared years of data; in 2000 it was Montenegro ahead.
Latvia ranks 96th and Montenegro ranks 97th of 192 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Montenegro in 1.
Head to head by decade
| Decade | Latvia | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -1.84 billion current LCU | -614.91 million current LCU | 1.22 billion current LCU | Montenegro |
| 2010s | -484.48 million current LCU | -836.57 million current LCU | 352.10 million current LCU | Latvia |
| 2020s | -1.07 billion current LCU | -1.48 billion current LCU | 408.99 million current 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 -1.97 billion current LCU against -2.10 billion current LCU in Montenegro as of 2025.
- What is the difference in external balance on goods and services between Latvia and Montenegro?
- 125.74 million current LCU, with Latvia ahead.
- How many years of comparable data are there for Latvia and Montenegro?
- 26 years are reported by both, from 2000 to 2025.
- How do Latvia and Montenegro rank globally for external balance on goods and services?
- Latvia ranks 96th and Montenegro ranks 97th of 192 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.