Annual GDP growth in Timor-Leste
Timor-Leste: Annual GDP growth was -9.1% in 2024. ◆ Volatile
Latest (2024)
-9.1%
Change on year
up 49.8%
World rank
223rd
of 228 countries
All-time high
58.1%
in 2000
All-time low
-20.5%
in 2022
Years of data
25
2000–2024
Annual GDP growth in Timor-Leste, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Timor-Leste stood at -9.1%.
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.
Timor-Leste ranks 223rd of 228 countries on this measure, 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 | % | 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% |
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
- 220 Botswana -3.0% compare
- 221 Isle of Man -4.2% compare
- 222 Haiti -4.2% compare
- 223 Timor-Leste -9.1% compare
- 225 South Sudan -10.8% compare
- 226 New Caledonia -13.5% compare
More economy & growth data for Timor-Leste
- External balance on goods and services (current LCU), annual growth -53.43 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.98 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.668 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 889.77 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -53.43 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2016 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.6151 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 268.53 current LCU per person (2024)
- Imports of goods and services (current LCU), per capita 1,131 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.27 % 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 223rd out of 228 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).