Annual GDP growth in Timor-Leste
Timor-Leste: Annual GDP growth was -9.1% in 2024. ◆ Volatile
Annual GDP growth in Timor-Leste, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Timor-Leste recorded -9.1% for annual gdp growth in 2024.
That represents a change of up 49.8% on the previous year and down 303.5% over ten years.
Over the whole period, annual gdp growth in Timor-Leste peaked at 58.1% in 2000 and was at its lowest, -20.5%, in 2022.
That places Timor-Leste 225th out of 230 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Timor-Leste, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 58.1% | — |
| 2001 | 16.3% | -71.9% |
| 2002 | -6.7% | -141.0% |
| 2003 | -2.2% | -67.4% |
| 2004 | 0.4% | -118.3% |
| 2005 | 3.0% | +646.1% |
| 2006 | -4.1% | -237.9% |
| 2007 | 10.3% | -349.4% |
| 2008 | 11.4% | +11.0% |
| 2009 | 10.1% | -11.0% |
| 2010 | 9.3% | -8.0% |
| 2011 | 6.0% | -36.1% |
| 2012 | 4.9% | -18.4% |
| 2013 | 3.1% | -36.1% |
| 2014 | 4.5% | +44.1% |
| 2015 | 2.5% | -44.5% |
| 2016 | 3.0% | +21.4% |
| 2017 | -3.2% | -205.7% |
| 2018 | -0.5% | -85.3% |
| 2019 | 24.2% | -5290.3% |
| 2020 | 31.7% | +31.0% |
| 2021 | 5.4% | -83.1% |
| 2022 | -20.5% | -482.2% |
| 2023 | -18.1% | -11.6% |
| 2024 | -9.1% | -49.8% |
Biggest year-on-year movements
Years where Annual GDP growth in Timor-Leste 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 |
|---|---|---|---|
| 2019 | +5290.3% | -0.5% | 24.2% |
| 2005 | +646.1% | 0.4% | 3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.7% | -6.7% | 58.1% | 10 |
| 2010s | 5.4% | -3.2% | 24.2% | 10 |
| 2020s | -2.1% | -20.5% | 31.7% | 5 |
Countries ranked near Timor-Leste
- 222 Botswana -3.0% compare
- 223 Isle of Man -4.2% compare
- 224 Haiti -4.2% compare
- 225 East Timor -9.1% compare
- 227 South Sudan -10.8% compare
- 228 New Caledonia -13.5% compare
More economy & growth data for Timor-Leste
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices -2.19 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual -7.53 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -7.53 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 0.0282 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 0.0282 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -9.55 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual -0.463 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -0.4906 % change on previous year (2024)
Frequently asked questions
- What is annual gdp growth in Timor-Leste?
- Annual gdp growth in Timor-Leste was -9.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Timor-Leste?
- The highest recorded value was 58.1% in 2000.
- What is the lowest annual gdp growth recorded in Timor-Leste?
- The lowest recorded value was -20.5% in 2022.
- How does Timor-Leste rank for annual gdp growth?
- Timor-Leste ranks 225th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Timor-Leste?
- Over the last ten years it is down 303.5%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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