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
Current account balance as a proportion of GDP in Timor-Leste, 2006–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Timor-Leste is -31.5%, measured in 2024.
Compared with earlier readings it 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 201st of 204 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
- 198 State of Palestine -21.1% compare
- 199 Dominica -23.2% compare
- 200 Lebanon -28.1% compare
- 201 Timor-Leste -31.5% compare
- 203 Kyrgyzstan -42.7% compare
- 204 Palau -48.5% 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)
- Gross capital formation (current LCU), per capita 401.02 current LCU per person (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$), annual growth -53.43 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3011 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 268.53 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2016 current LCU per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.98 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.27 % 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 201st out of 204 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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