Gross Domestic Product — Value Standard Local Currency in Timor-Leste
Timor-Leste: Gross Domestic Product — Value Standard Local Currency was 1,881 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Timor-Leste, 1990–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Timor-Leste recorded 1,881 million SLC for gross domestic product — value standard local currency in 2024.
The figure is down 9.6% on the previous year and up 30.0% over ten years.
Over the whole period, gross domestic product — value standard local currency in Timor-Leste peaked at 3,625 million SLC in 2021 and was at its lowest, 202.99 million SLC, in 1990.
That places Timor-Leste 204th out of 218 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.
Gross Domestic Product — Value Standard Local Currency in Timor-Leste, year by year
| Year | million SLC | Change |
|---|---|---|
| 1990 | 202.99 million SLC | — |
| 1991 | 233.87 million SLC | +15.2% |
| 1992 | 297.48 million SLC | +27.2% |
| 1993 | 343.43 million SLC | +15.4% |
| 1994 | 378.46 million SLC | +10.2% |
| 1995 | 416.11 million SLC | +9.9% |
| 1996 | 473.48 million SLC | +13.8% |
| 1997 | 429.45 million SLC | -9.3% |
| 1998 | 477.2 million SLC | +11.1% |
| 1999 | 321.75 million SLC | -32.6% |
| 2000 | 367.09 million SLC | +14.1% |
| 2001 | 477.45 million SLC | +30.1% |
| 2002 | 469.46 million SLC | -1.7% |
| 2003 | 490.4 million SLC | +4.5% |
| 2004 | 440.73 million SLC | -10.1% |
| 2005 | 462.26 million SLC | +4.9% |
| 2006 | 453.8 million SLC | -1.8% |
| 2007 | 542.79 million SLC | +19.6% |
| 2008 | 648.49 million SLC | +19.5% |
| 2009 | 726.88 million SLC | +12.1% |
| 2010 | 881.91 million SLC | +21.3% |
| 2011 | 1,043 million SLC | +18.2% |
| 2012 | 1,161 million SLC | +11.3% |
| 2013 | 1,396 million SLC | +20.3% |
| 2014 | 1,448 million SLC | +3.7% |
| 2015 | 1,595 million SLC | +10.2% |
| 2016 | 1,653 million SLC | +3.6% |
| 2017 | 1,598 million SLC | -3.3% |
| 2018 | 1,566 million SLC | -2.0% |
| 2019 | 2,027 million SLC | +29.4% |
| 2020 | 2,163 million SLC | +6.7% |
| 2021 | 3,625 million SLC | +67.6% |
| 2022 | 3,209 million SLC | -11.5% |
| 2023 | 2,080 million SLC | -35.2% |
| 2024 | 1,881 million SLC | -9.6% |
Timor-Leste compared with similar countries
- Timor-Leste's 1,881 million SLC is below the median for lower middle income countries, which is 1.54 million million SLC, 0% of the median. (43 countries reporting)
- Timor-Leste's 1,881 million SLC is below the median for East Asia & Pacific, which is 725,630 million SLC, 0% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 357.42 million SLC | 202.99 million SLC | 477.2 million SLC | 10 |
| 2000s | 507.94 million SLC | 367.09 million SLC | 726.88 million SLC | 10 |
| 2010s | 1,437 million SLC | 881.91 million SLC | 2,027 million SLC | 10 |
| 2020s | 2,591 million SLC | 1,881 million SLC | 3,625 million SLC | 5 |
Countries ranked near Timor-Leste
- 201 Saint Vincent and the Grenadines 3,179 million SLC compare
- 202 Saint Kitts and Nevis 2,883 million SLC compare
- 203 San Marino 1,893 million SLC compare
- 205 Dominica 1,836 million SLC compare
- 206 British Virgin Islands 1,565 million SLC compare
- 207 Turks and Caicos Islands 1,493 million SLC compare
More economy & growth data for Timor-Leste
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.50 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.21 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 253.24 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.32 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1331 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 178.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.99 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4471 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 599.61 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency in Timor-Leste?
- Gross domestic product — value standard local currency in Timor-Leste was 1,881 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 recorded in Timor-Leste?
- The highest recorded value was 3,625 million SLC in 2021.
- What is the lowest gross domestic product — value standard local currency recorded in Timor-Leste?
- The lowest recorded value was 202.99 million SLC in 1990.
- How does Timor-Leste rank for gross domestic product — value standard local currency?
- Timor-Leste ranks 204th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Timor-Leste?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
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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).