External balance on goods and services (current LCU) in East Timor
East Timor: External balance on goods and services (current LCU) was -1.39 billion current LCU in 2024. ◆ Volatile
External balance on goods and services in East Timor, 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 East Timor 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 East Timor peaked at 984.76 million current LCU in 2021 and was at its lowest, -1.39 billion current LCU, in 2024.
That places East Timor 94th out of 193 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.
External balance on goods and services (current LCU) in East Timor, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | -566.58 million current LCU | — |
| 2001 | -710.31 million current LCU | +25.4% |
| 2002 | -773.64 million current LCU | +8.9% |
| 2003 | -532.52 million current LCU | -31.2% |
| 2004 | -407.19 million current LCU | -23.5% |
| 2005 | -279.20 million current LCU | -31.4% |
| 2006 | -364.93 million current LCU | +30.7% |
| 2007 | -590.38 million current LCU | +61.8% |
| 2008 | -755.91 million current LCU | +28.0% |
| 2009 | -1.01 billion current LCU | +34.0% |
| 2010 | -1.03 billion current LCU | +2.1% |
| 2011 | -1.33 billion current LCU | +29.0% |
| 2012 | -1.33 billion current LCU | -0.6% |
| 2013 | -955.58 million current LCU | -27.9% |
| 2014 | -1.07 billion current LCU | +11.5% |
| 2015 | -858.38 million current LCU | -19.4% |
| 2016 | -885.81 million current LCU | +3.2% |
| 2017 | -852.93 million current LCU | -3.7% |
| 2018 | -917.35 million current LCU | +7.6% |
| 2019 | -572.89 million current LCU | -37.5% |
| 2020 | -246.93 million current LCU | -56.9% |
| 2021 | 984.76 million current LCU | -498.8% |
| 2022 | 436.46 million current LCU | -55.7% |
| 2023 | -903.84 million current LCU | -307.1% |
| 2024 | -1.39 billion current LCU | +53.4% |
East Timor compared with similar countries
- East Timor's -1.39 billion current LCU is above the median for lower middle income countries, which is -57.12 billion current LCU, 2% of the median. (45 countries reporting)
- East Timor's -1.39 billion current LCU is below the median for East Asia & Pacific, which is -190.00 million current LCU, 7.3× the median. (34 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in East Timor changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +498.8% | -246.93 million current LCU | 984.76 million current LCU |
| 2023 | -307.1% | 436.46 million current LCU | -903.84 million current LCU |
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 East Timor
More economy & growth data for East Timor
- SDRs holdings, US dollar, annual growth rate 4.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0201 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.91 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0477 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0147 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 19.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 20.52 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in East Timor?
- External balance on goods and services in East Timor 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 East Timor?
- The highest recorded value was 984.76 million current LCU in 2021.
- What is the lowest external balance on goods and services recorded in East Timor?
- The lowest recorded value was -1.39 billion current LCU in 2024.
- How does East Timor rank for external balance on goods and services?
- East Timor ranks 94th out of 193 countries with data for 2024.
- Is external balance on goods and services rising or falling in East Timor?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is volatile.
- Where does this East Timor 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.
Download this data
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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.