Gross Domestic Product — Value Standard Local Currency, 2015 prices in Timor-Leste
Timor-Leste: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1,731 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Timor-Leste, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Timor-Leste is 1,731 million SLC, measured in 2024.
The figure is down 2.2% on the previous year and up 11.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Timor-Leste peaked at 2,721 million SLC in 2021 and was at its lowest, 725.69 million SLC, in 1990.
The long-run direction has been consistently rising across the 35 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Timor-Leste, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 725.69 million SLC | — |
| 1991 | 803.45 million SLC | +10.7% |
| 1992 | 887.48 million SLC | +10.5% |
| 1993 | 978.05 million SLC | +10.2% |
| 1994 | 1,048 million SLC | +7.1% |
| 1995 | 1,118 million SLC | +6.7% |
| 1996 | 1,207 million SLC | +8.0% |
| 1997 | 1,225 million SLC | +1.5% |
| 1998 | 1,168 million SLC | -4.6% |
| 1999 | 734.72 million SLC | -37.1% |
| 2000 | 832.13 million SLC | +13.3% |
| 2001 | 968.16 million SLC | +16.3% |
| 2002 | 903.29 million SLC | -6.7% |
| 2003 | 883.58 million SLC | -2.2% |
| 2004 | 887.11 million SLC | +0.4% |
| 2005 | 913.9 million SLC | +3.0% |
| 2006 | 876.38 million SLC | -4.1% |
| 2007 | 966.02 million SLC | +10.2% |
| 2008 | 1,076 million SLC | +11.3% |
| 2009 | 1,183 million SLC | +10.0% |
| 2010 | 1,297 million SLC | +9.6% |
| 2011 | 1,374 million SLC | +6.0% |
| 2012 | 1,441 million SLC | +4.9% |
| 2013 | 1,485 million SLC | +3.1% |
| 2014 | 1,552 million SLC | +4.5% |
| 2015 | 1,595 million SLC | +2.8% |
| 2016 | 1,649 million SLC | +3.4% |
| 2017 | 1,597 million SLC | -3.1% |
| 2018 | 1,586 million SLC | -0.7% |
| 2019 | 1,957 million SLC | +23.4% |
| 2020 | 2,583 million SLC | +32.0% |
| 2021 | 2,721 million SLC | +5.4% |
| 2022 | 2,161 million SLC | -20.6% |
| 2023 | 1,770 million SLC | -18.1% |
| 2024 | 1,731 million SLC | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 989.48 million SLC | 725.69 million SLC | 1,225 million SLC | 10 |
| 2000s | 948.91 million SLC | 832.13 million SLC | 1,183 million SLC | 10 |
| 2010s | 1,553 million SLC | 1,297 million SLC | 1,957 million SLC | 10 |
| 2020s | 2,193 million SLC | 1,731 million SLC | 2,721 million SLC | 5 |
Countries ranked near Timor-Leste
- 8 Somalia 223.49 million million SLC compare
- 9 Iraq 216.39 million million SLC compare
- 10 Chile 187.82 million million SLC compare
- 11 Cambodia 155.73 million million SLC compare
- 12 Uganda 147.60 million million SLC compare
- 13 Guinea 116.04 million million SLC compare
- 14 China, mainland 111.29 million million SLC compare
More economy & growth data for Timor-Leste
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -3.33 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 359.64 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 359.64 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 337.48 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 337.48 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.12 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.4629 % (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Timor-Leste?
- Gross domestic product — value standard local currency, 2015 prices in Timor-Leste was 1,731 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Timor-Leste?
- The highest recorded value was 2,721 million SLC in 2021.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Timor-Leste?
- The lowest recorded value was 725.69 million SLC in 1990.
- How does Timor-Leste rank for gross domestic product — value standard local currency, 2015 prices?
- Timor-Leste ranks 11th out of 13 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Timor-Leste?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Timor-Leste data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).