External debt as a share of gni in Timor-Leste

Timor-Leste: External debt as a share of gni was 12.62 in 2023. ◆ Volatile

Latest (2023)
12.62
Change on year
up 33.1%
World rank
113th
of 118 countries
All-time high
12.62
in 2023
All-time low
1.76
in 2012
Years of data
12
2012–2023

External debt as a share of gni in Timor-Leste, 2012–2023

2.557.51012.52012201720232012: 1.82013: 2.22014: 3.12015: 4.22016: 3.62017: 5.52018: 7.12019: 7.12020: 9.82021: 82022: 9.52023: 12.6

Source: Our World in Data.

Analysis

Timor-Leste recorded 12.62 for external debt as a share of gni in 2023. That is the highest value across all 12 years on record.

The figure is up 33.1% on the previous year and up 484.3% over ten years.

Over the whole period, external debt as a share of gni in Timor-Leste peaked at 12.62 in 2023 and was at its lowest, 1.76, in 2012.

That places Timor-Leste 113th out of 118 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

External debt as a share of gni in Timor-Leste, year by year

Annual values for External debt as a share of gni in Timor-Leste, 2012 to 2023.
Year Value Change
2012 1.76
2013 2.16 +22.7%
2014 3.13 +44.9%
2015 4.19 +33.9%
2016 3.64 -13.1%
2017 5.52 +51.6%
2018 7.07 +28.1%
2019 7.09 +0.3%
2020 9.79 +38.1%
2021 8.04 -17.9%
2022 9.48 +17.9%
2023 12.62 +33.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.32 1.76 7.09 8
2020s 9.98 8.04 12.62 4

Countries ranked near Timor-Leste

  1. 110 Congo, Democratic Republic of the 17.21 compare
  2. 111 China 13.72 compare
  3. 112 Haiti 13.28 compare
  4. 114 Botswana 10.69 compare
  5. 115 Iraq 8.07 compare
  6. 116 Turkmenistan 6.52 compare

See the full ranking of 118 places →

More economy & growth data for Timor-Leste

All data for Timor-Leste →

Frequently asked questions

What is external debt as a share of gni in Timor-Leste?
External debt as a share of gni in Timor-Leste was 12.62 in 2023, according to Our World in Data.
What is the highest external debt as a share of gni recorded in Timor-Leste?
The highest recorded value was 12.62 in 2023.
What is the lowest external debt as a share of gni recorded in Timor-Leste?
The lowest recorded value was 1.76 in 2012.
How does Timor-Leste rank for external debt as a share of gni?
Timor-Leste ranks 113th out of 118 countries with data for 2023.
Is external debt as a share of gni rising or falling in Timor-Leste?
Over the last ten years it is up 484.3%. The long-run trend across the full record is volatile.
Where does this Timor-Leste data come from?
The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.

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External debt as a share of gni in Timor-Leste. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://economy.statizoid.com/stat/external-debt-as-a-share-of-gni/timor-leste/

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About this data

Indicator
External debt as a share of gni
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
118 places, 2,741 data points, 2000–2023
Last refreshed