External balance on goods and services in Timor-Leste
Timor-Leste: External balance on goods and services was -1.39 billion current LCU in 2024. ◆ Volatile
External balance on goods and services in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, external balance on goods and services in Timor-Leste stood at -1.39 billion current LCU. That is the lowest value across all 25 years on record.
That represents a change of down 53.4% on the previous year and down 30.2% over ten years.
Over the whole period, external balance on goods and services in Timor-Leste peaked at 984.76 million current LCU in 2021 and was at its lowest, -1.39 billion current LCU, in 2024.
That places Timor-Leste 94th out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -599.37 million current LCU | -1.01 billion current LCU | -279.20 million current LCU | 10 |
| 2010s | -980.24 million current LCU | -1.33 billion current LCU | -572.89 million current LCU | 10 |
| 2020s | -223.26 million current LCU | -1.39 billion current LCU | 984.76 million current LCU | 5 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 6.98 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.9052 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 1,214 units per person (2025)
- Gdp worldbank constant usd 1.72 billion (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of gdp -74.33 (2024)
- Gdp per capita worldbank constant usd 1,214 (2025)
- Inflation of consumer prices 0.4283 (2025)
- Taxes less subsidies on products (current LCU), annual growth rate -81.85 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services in Timor-Leste?
- External balance on goods and services in Timor-Leste was -1.39 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Timor-Leste?
- The highest recorded value was 984.76 million current LCU in 2021.
- What is the lowest external balance on goods and services recorded in Timor-Leste?
- The lowest recorded value was -1.39 billion current LCU in 2024.
- How does Timor-Leste rank for external balance on goods and services?
- Timor-Leste ranks 94th out of 192 countries with data for 2024.
- Is external balance on goods and services rising or falling in Timor-Leste?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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.