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
202nd
of 205 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. Measured in %.
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.
Timor-Leste ranks 202nd of 205 countries on this measure, in the bottom quarter.
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 | % | 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
- 199 State of Palestine -21.1% compare
- 200 Dominica -23.2% compare
- 201 Lebanon -28.1% compare
- 202 East Timor -31.5% compare
- 204 Kyrgyzstan -42.7% compare
- 205 Palau -48.5% 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 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 202nd out of 205 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.
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