Adjusted savings: gross savings in Timor-Leste
Timor-Leste: Adjusted savings: gross savings was -10.8% in 2021. ◆ Volatile
Adjusted savings: gross savings in Timor-Leste, 2006–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Timor-Leste is -10.8%, measured in 2021. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 220.8% on the previous year and down 114.2% over ten years.
Over the whole period, adjusted savings: gross savings in Timor-Leste peaked at 75.8% in 2011 and was at its lowest, -10.8%, in 2021.
Timor-Leste ranks 176th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Timor-Leste, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 55.5% | — |
| 2007 | 61.7% | +11.1% |
| 2008 | 74.1% | +20.1% |
| 2009 | 63.0% | -15.0% |
| 2010 | 68.3% | +8.3% |
| 2011 | 75.8% | +11.0% |
| 2012 | 68.6% | -9.5% |
| 2013 | 61.7% | -9.9% |
| 2014 | 45.9% | -25.6% |
| 2015 | 39.1% | -15.0% |
| 2016 | 15.5% | -60.2% |
| 2017 | 14.3% | -8.2% |
| 2018 | 10.0% | -29.6% |
| 2019 | 22.1% | +119.7% |
| 2020 | 8.9% | -59.5% |
| 2021 | -10.8% | -220.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.6% | 55.5% | 74.1% | 4 |
| 2010s | 42.1% | 10.0% | 75.8% | 10 |
| 2020s | -0.9% | -10.8% | 8.9% | 2 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Gross capital formation (constant 2015 US$), per capita 388.27 constant 2015 US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.3011 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 401.02 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 31.82 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3011 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 401.02 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 32.18 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2915 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.8489 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), annual growth rate 14.71 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Timor-Leste?
- Adjusted savings: gross savings in Timor-Leste was -10.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Timor-Leste?
- The highest recorded value was 75.8% in 2011.
- What is the lowest adjusted savings: gross savings recorded in Timor-Leste?
- The lowest recorded value was -10.8% in 2021.
- How does Timor-Leste rank for adjusted savings: gross savings?
- Timor-Leste ranks 176th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Timor-Leste?
- Over the last ten years it is down 114.2%. 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 Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.