Adjusted savings: net national savings in Timor-Leste
Timor-Leste: Adjusted savings: net national savings was -23.6% in 2021. ◆ Volatile
Adjusted savings: net national savings in Timor-Leste, 2006–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Timor-Leste is -23.6%, measured in 2021. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 878.4% on the previous year and down 131.7% over ten years.
Over the whole period, adjusted savings: net national savings in Timor-Leste peaked at 74.4% in 2011 and was at its lowest, -23.6%, in 2021.
That places Timor-Leste 174th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Timor-Leste, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 53.7% | — |
| 2007 | 60.2% | +12.0% |
| 2008 | 72.9% | +21.2% |
| 2009 | 61.1% | -16.2% |
| 2010 | 66.8% | +9.3% |
| 2011 | 74.4% | +11.3% |
| 2012 | 67.0% | -10.0% |
| 2013 | 59.6% | -11.0% |
| 2014 | 43.5% | -27.0% |
| 2015 | 35.5% | -18.3% |
| 2016 | 10.9% | -69.3% |
| 2017 | 10.1% | -7.0% |
| 2018 | 5.9% | -42.2% |
| 2019 | 17.7% | +201.2% |
| 2020 | 3.0% | -82.8% |
| 2021 | -23.6% | -878.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.0% | 53.7% | 72.9% | 4 |
| 2010s | 39.1% | 5.9% | 74.4% | 10 |
| 2020s | -10.3% | -23.6% | 3.0% | 2 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Gross fixed capital formation (current US$), per unit of GDP 0.2701 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 31.82 % change on previous year (2024)
- Gross fixed capital formation (constant 2015 US$), per capita 342.76 constant 2015 US$ per person (2024)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.2573 constant 2015 US$ per US$ of GDP (2024)
- Gross fixed capital formation (constant 2015 US$), annual growth rate 41.71 % change on previous year (2024)
- Gross fixed capital formation (current LCU), per capita 359.74 current LCU per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2701 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 359.74 current US$ per person (2024)
- Exports of goods and services (current LCU), per capita 140.62 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -68.51 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Timor-Leste?
- Adjusted savings: net national savings in Timor-Leste was -23.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Timor-Leste?
- The highest recorded value was 74.4% in 2011.
- What is the lowest adjusted savings: net national savings recorded in Timor-Leste?
- The lowest recorded value was -23.6% in 2021.
- How does Timor-Leste rank for adjusted savings: net national savings?
- Timor-Leste ranks 174th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Timor-Leste?
- Over the last ten years it is down 131.7%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.