External balance on goods and services in East Timor
East Timor: External balance on goods and services 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 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 East Timor
More economy & growth data for East Timor
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 224.71 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) 224.71 million current US$ (2024)
- Taxes less subsidies on products -34.79 million current LCU (2024)
- Taxes less subsidies on products -34.79 million current US$ (2024)
- Net primary income (Net income from abroad) 261.68 million current LCU (2024)
- Net primary income (Net income from abroad) 261.68 million current US$ (2024)
- GNI per capita 1,428 current LCU (2025)
- GNI per capita, Atlas method 1,510 current US$ (2025)
- GNI 2.03 billion current LCU (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 192 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.
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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.