Current account balance as a proportion of GDP in Timor-Leste
Timor-Leste: Current account balance as a proportion of GDP was -31.5% in 2024. ◆ Volatile
Latest (2024)
-31.5%
Change on year
down 240.1%
World rank
12th
of 12 countries
All-time high
311.7%
in 2008
All-time low
-32.5%
in 2016
Years of data
19
2006–2024
Current account balance as a proportion of GDP in Timor-Leste, 2006–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, current account balance as a proportion of gdp in Timor-Leste stood at -31.5%.
The figure is down 240.1% on the previous year and down 141.2% over ten years.
Over the whole period, current account balance as a proportion of gdp in Timor-Leste peaked at 311.7% in 2008 and was at its lowest, -32.5%, in 2016.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Timor-Leste, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 119.2% | — |
| 2007 | 216.9% | +81.9% |
| 2008 | 311.7% | +43.7% |
| 2009 | 176.8% | -43.3% |
| 2010 | 189.5% | +7.2% |
| 2011 | 225.0% | +18.7% |
| 2012 | 235.8% | +4.8% |
| 2013 | 171.2% | -27.4% |
| 2014 | 76.4% | -55.4% |
| 2015 | 14.1% | -81.5% |
| 2016 | -32.5% | -329.9% |
| 2017 | -21.4% | -34.2% |
| 2018 | -12.3% | -42.6% |
| 2019 | 22.2% | -280.4% |
| 2020 | 22.5% | +1.7% |
| 2021 | 54.8% | +142.9% |
| 2022 | 15.2% | -72.2% |
| 2023 | -9.3% | -160.8% |
| 2024 | -31.5% | +240.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 206.1% | 119.2% | 311.7% | 4 |
| 2010s | 86.8% | -32.5% | 235.8% | 10 |
| 2020s | 10.4% | -31.5% | 54.8% | 5 |
Countries ranked near Timor-Leste
- 9 Democratic Republic of the Congo -3.8% compare
- 9 Papua New Guinea 15.0% compare
- 10 Norway 14.8% compare
- 11 Djibouti 14.7% compare
- 12 Brunei Darussalam 14.5% compare
- 13 Guyana 13.9% compare
- 14 Turks and Caicos Islands 13.1% compare
- 15 Denmark 12.3% 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 Fixed Capital Formation — Share of GDP US$, 2015 prices 19.5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -3.33 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 359.64 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 359.64 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 337.48 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 337.48 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.12 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.4908 % (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Timor-Leste?
- Current account balance as a proportion of gdp in Timor-Leste was -31.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Timor-Leste?
- The highest recorded value was 311.7% in 2008.
- What is the lowest current account balance as a proportion of gdp recorded in Timor-Leste?
- The lowest recorded value was -32.5% in 2016.
- How does Timor-Leste rank for current account balance as a proportion of gdp?
- Timor-Leste ranks 12th out of 12 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Timor-Leste?
- Over the last ten years it is down 141.2%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).