Latvia vs Timor-Leste: External balance on goods and services
Latvia
-1.97 billion current LCU
in 2025
Timor-Leste
-1.39 billion current LCU
in 2024
Latvia rank
96th
Timor-Leste rank
94th
External balance on goods and services over time
- Latvia
- Timor-Leste
How they compare
Timor-Leste currently reports -1.39 billion current LCU against -1.97 billion current LCU in Latvia, a difference of 583.16 million current LCU.
The two have swapped places 6 times across 25 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 96th and Timor-Leste ranks 94th of 192 countries.
Across the 3 decades both report, Latvia averaged higher in 1 and Timor-Leste in 2.
Head to head by decade
| Decade | Latvia | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -1.84 billion current LCU | -599.37 million current LCU | 1.24 billion current LCU | Timor-Leste |
| 2010s | -484.48 million current LCU | -980.24 million current LCU | 495.76 million current LCU | Latvia |
| 2020s | -892.57 million current LCU | -223.26 million current LCU | 669.31 million current LCU | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Latvia or Timor-Leste?
- Timor-Leste, at -1.39 billion current LCU against -1.97 billion current LCU in Latvia as of 2024.
- What is the difference in external balance on goods and services between Latvia and Timor-Leste?
- 583.16 million current LCU, with Timor-Leste ahead.
- How many years of comparable data are there for Latvia and Timor-Leste?
- 25 years are reported by both, from 2000 to 2024.
- How do Latvia and Timor-Leste rank globally for external balance on goods and services?
- Latvia ranks 96th and Timor-Leste ranks 94th 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.