Timor-Leste - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Timor-Leste was ($484,718,100) as of 2020. Over the past 20 years, the value for this indicator has fluctuated between ($279,235,300) in 2005 and ($1,333,973,000) in 2011.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 ($566,475,200)
2001 ($710,223,200)
2002 ($773,587,300)
2003 ($532,518,000)
2004 ($407,231,400)
2005 ($279,235,300)
2006 ($364,926,700)
2007 ($590,382,200)
2008 ($755,905,700)
2009 ($1,013,015,000)
2010 ($1,034,226,000)
2011 ($1,333,973,000)
2012 ($1,325,990,000)
2013 ($955,583,800)
2014 ($1,065,276,000)
2015 ($858,412,500)
2016 ($885,815,300)
2017 ($833,044,300)
2018 ($897,362,200)
2019 ($550,721,800)
2020 ($484,718,100)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Timor-Leste was -484,718,100 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of -279,235,300 in 2005 and a minimum value of -1,333,973,000 in 2011.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 -566,475,200
2001 -710,223,200
2002 -773,587,300
2003 -532,518,000
2004 -407,231,400
2005 -279,235,300
2006 -364,926,700
2007 -590,382,200
2008 -755,905,700
2009 -1,013,015,000
2010 -1,034,226,000
2011 -1,333,973,000
2012 -1,325,990,000
2013 -955,583,800
2014 -1,065,276,000
2015 -858,412,500
2016 -885,815,300
2017 -833,044,300
2018 -897,362,200
2019 -550,721,800
2020 -484,718,100

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Timor-Leste was -226,879,800 as of 2020. As the graph below shows, over the past 5 years this indicator reached a maximum value of -226,879,800 in 2020 and a minimum value of -927,942,800 in 2016.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2015 -858,412,500
2016 -927,942,800
2017 -862,410,200
2018 -883,117,200
2019 -612,613,700
2020 -226,879,800

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Timor-Leste was -25.48 as of 2020. Its highest value over the past 20 years was -25.48 in 2020, while its lowest value was -164.77 in 2002.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 -154.32
2001 -148.76
2002 -164.77
2003 -108.58
2004 -92.39
2005 -60.40
2006 -80.41
2007 -108.77
2008 -116.56
2009 -139.36
2010 -117.28
2011 -127.97
2012 -114.27
2013 -68.48
2014 -73.60
2015 -53.84
2016 -53.67
2017 -51.56
2018 -56.66
2019 -26.89
2020 -25.48

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts