Current account balance as a share of GDP in Timor-Leste
Timor-Leste: Current account balance as a share of GDP was -31.5% in 2024. ◆ Volatile
Current account balance as a share of GDP in Timor-Leste, 2006–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share 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 share of gdp in Timor-Leste peaked at 311.8% in 2008 and was at its lowest, -32.5%, in 2016.
That places Timor-Leste 191st out of 193 countries with data for 2024, putting it 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 share of GDP in Timor-Leste, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 119.2% | — |
| 2007 | 216.9% | +81.9% |
| 2008 | 311.8% | +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% | -329.8% |
| 2017 | -21.4% | -34.2% |
| 2018 | -12.3% | -42.6% |
| 2019 | 22.2% | -280.5% |
| 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 | 206.2% | 119.2% | 311.8% | 4 |
| 2010s | 86.8% | -32.5% | 235.8% | 10 |
| 2020s | 10.4% | -31.5% | 54.8% | 5 |
Countries ranked near Timor-Leste
- 188 Palestine, State of -21.1% compare
- 189 Dominica -23.2% compare
- 190 Lebanon -28.1% compare
- 192 Kyrgyzstan -42.7% compare
- 193 Palau -48.5% compare
More economy & growth data for Timor-Leste
- GDP (current LCU), per capita 1,341 current LCU per person (2025)
- GDP (constant LCU), per capita 1,214 constant LCU per person (2025)
- GDP (constant LCU), per unit of GDP 0.9052 constant LCU per US$ of GDP (2025)
- Net primary income (Net income from abroad) (current US$), annual 22.32 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 6.98 % change on previous year (2025)
- GDP per capita 1,214 constant 2015 US$ (2025)
- GDP (constant 2015 US$), per capita 1,214 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9052 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 6.98 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.8682 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is current account balance as a share of gdp in Timor-Leste?
- Current account balance as a share of gdp in Timor-Leste was -31.5% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Timor-Leste?
- The highest recorded value was 311.8% in 2008.
- What is the lowest current account balance as a share 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 share of gdp?
- Timor-Leste ranks 191st out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).