Annual growth of the gross capital formation in Timor-Leste
Timor-Leste: Annual growth of the gross capital formation was 32.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Timor-Leste, 2001–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Timor-Leste stood at 32.2%.
The figure is up 37.3% on the previous year and up 339.6% over ten years.
Over the whole period, annual growth of the gross capital formation in Timor-Leste peaked at 87.3% in 2008 and was at its lowest, -34.5%, in 2020.
Timor-Leste ranks 7th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Timor-Leste, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 10.5% | — |
| 2002 | 4.0% | -62.1% |
| 2003 | -21.1% | -629.9% |
| 2004 | -32.3% | +53.2% |
| 2005 | -8.0% | -75.4% |
| 2006 | -26.7% | +235.8% |
| 2007 | 73.2% | -373.8% |
| 2008 | 87.3% | +19.3% |
| 2009 | 75.5% | -13.5% |
| 2010 | 2.8% | -96.3% |
| 2011 | 69.2% | +2371.1% |
| 2012 | -10.0% | -114.5% |
| 2013 | -21.6% | +115.5% |
| 2014 | 7.3% | -133.9% |
| 2015 | -5.0% | -168.6% |
| 2016 | 15.7% | -412.5% |
| 2017 | -13.6% | -186.7% |
| 2018 | -0.8% | -94.3% |
| 2019 | -5.5% | +600.0% |
| 2020 | -34.5% | +531.9% |
| 2021 | 40.0% | -216.1% |
| 2022 | -34.0% | -185.0% |
| 2023 | 23.4% | -168.8% |
| 2024 | 32.2% | +37.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.0% | -32.3% | 87.3% | 9 |
| 2010s | 3.9% | -21.6% | 69.2% | 10 |
| 2020s | 5.4% | -34.5% | 40.0% | 5 |
Countries ranked near Timor-Leste
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 growth of the gross capital formation in Timor-Leste?
- Annual growth of the gross capital formation in Timor-Leste was 32.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Timor-Leste?
- The highest recorded value was 87.3% in 2008.
- What is the lowest annual growth of the gross capital formation recorded in Timor-Leste?
- The lowest recorded value was -34.5% in 2020.
- How does Timor-Leste rank for annual growth of the gross capital formation?
- Timor-Leste ranks 7th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Timor-Leste?
- Over the last ten years it is up 339.6%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).