Gross capital formation in Timor-Leste
Timor-Leste: Gross capital formation was 30.1% in 2024. ▼ Falling
Gross capital formation in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Timor-Leste is 30.1%, measured in 2024.
That represents a change of up 46.9% on the previous year and down 30.2% over ten years.
Over the whole period, gross capital formation in Timor-Leste peaked at 70.3% in 2011 and was at its lowest, 10.6%, in 2022.
Timor-Leste ranks 36th of 187 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Gross capital formation in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 33.5% | — |
| 2001 | 30.2% | -9.9% |
| 2002 | 27.9% | -7.6% |
| 2003 | 22.3% | -20.1% |
| 2004 | 17.1% | -23.4% |
| 2005 | 15.8% | -7.6% |
| 2006 | 12.1% | -23.1% |
| 2007 | 18.7% | +53.8% |
| 2008 | 31.3% | +67.9% |
| 2009 | 48.9% | +56.0% |
| 2010 | 42.7% | -12.6% |
| 2011 | 70.3% | +64.7% |
| 2012 | 60.0% | -14.7% |
| 2013 | 41.8% | -30.4% |
| 2014 | 43.1% | +3.3% |
| 2015 | 36.9% | -14.4% |
| 2016 | 39.8% | +7.8% |
| 2017 | 35.6% | -10.6% |
| 2018 | 35.9% | +0.8% |
| 2019 | 26.8% | -25.5% |
| 2020 | 16.5% | -38.5% |
| 2021 | 14.4% | -12.5% |
| 2022 | 10.6% | -26.3% |
| 2023 | 20.5% | +93.2% |
| 2024 | 30.1% | +46.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.8% | 12.1% | 48.9% | 10 |
| 2010s | 43.3% | 26.8% | 70.3% | 10 |
| 2020s | 18.4% | 10.6% | 30.1% | 5 |
Countries ranked near Timor-Leste
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 gross capital formation in Timor-Leste?
- Gross capital formation in Timor-Leste was 30.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Timor-Leste?
- The highest recorded value was 70.3% in 2011.
- What is the lowest gross capital formation recorded in Timor-Leste?
- The lowest recorded value was 10.6% in 2022.
- How does Timor-Leste rank for gross capital formation?
- Timor-Leste ranks 36th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Timor-Leste?
- Over the last ten years it is down 30.2%. The long-run trend across the full record is falling.
- Where does this Timor-Leste data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.