Gross domestic savings in Timor-Leste
Timor-Leste: Gross domestic savings was -824.73 million current LCU in 2024. ◆ Volatile
Gross domestic savings in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Timor-Leste is -824.73 million current LCU, measured in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 72.6% on the previous year and down 87.1% over ten years.
Over the whole period, gross domestic savings in Timor-Leste peaked at 1.51 billion current LCU in 2021 and was at its lowest, -824.73 million current LCU, in 2024.
That places Timor-Leste 165th out of 187 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 savings in Timor-Leste, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | -443.54 million current LCU | — |
| 2001 | -566.10 million current LCU | +27.6% |
| 2002 | -642.62 million current LCU | +13.5% |
| 2003 | -423.13 million current LCU | -34.2% |
| 2004 | -331.85 million current LCU | -21.6% |
| 2005 | -206.21 million current LCU | -37.9% |
| 2006 | -309.85 million current LCU | +50.3% |
| 2007 | -489.08 million current LCU | +57.8% |
| 2008 | -552.74 million current LCU | +13.0% |
| 2009 | -657.80 million current LCU | +19.0% |
| 2010 | -657.49 million current LCU | -0.0% |
| 2011 | -600.71 million current LCU | -8.6% |
| 2012 | -629.32 million current LCU | +4.8% |
| 2013 | -372.33 million current LCU | -40.8% |
| 2014 | -440.70 million current LCU | +18.4% |
| 2015 | -270.78 million current LCU | -38.6% |
| 2016 | -232.11 million current LCU | -14.3% |
| 2017 | -288.17 million current LCU | +24.2% |
| 2018 | -358.39 million current LCU | +24.4% |
| 2019 | -28.64 million current LCU | -92.0% |
| 2020 | 109.17 million current LCU | -481.2% |
| 2021 | 1.51 billion current LCU | +1280.3% |
| 2022 | 776.75 million current LCU | -48.4% |
| 2023 | -477.72 million current LCU | -161.5% |
| 2024 | -824.73 million current LCU | +72.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -462.29 million current LCU | -657.80 million current LCU | -206.21 million current LCU | 10 |
| 2010s | -387.86 million current LCU | -657.49 million current LCU | -28.64 million current LCU | 10 |
| 2020s | 218.04 million current LCU | -824.73 million current LCU | 1.51 billion current LCU | 5 |
Countries ranked near Timor-Leste
- 162 Tonga -303.53 million current LCU compare
- 163 Kiribati -326.70 million current LCU compare
- 164 Guyana -528.00 million current LCU compare
- 166 Jordan -880.40 million current LCU compare
- 167 Solomon Islands -1.09 billion current LCU compare
- 168 Palestine, State of -1.31 billion current LCU compare
More economy & growth data for Timor-Leste
- Taxes less subsidies on products (current US$), per unit of GDP -0.0186 current US$ per US$ of GDP (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Taxes less subsidies on products (current LCU), per capita -24.84 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP -0.0186 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), annual growth rate -81.85 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per capita -24.84 current US$ per person (2024)
- Net primary income (Net income from abroad) (current LCU), annual 22.32 % change on previous year (2024)
- GNI (current LCU), per capita 1,428 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 22.32 % change on previous year (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross domestic savings in Timor-Leste?
- Gross domestic savings in Timor-Leste was -824.73 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Timor-Leste?
- The highest recorded value was 1.51 billion current LCU in 2021.
- What is the lowest gross domestic savings recorded in Timor-Leste?
- The lowest recorded value was -824.73 million current LCU in 2024.
- How does Timor-Leste rank for gross domestic savings?
- Timor-Leste ranks 165th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Timor-Leste?
- Over the last ten years it is down 87.1%. The long-run trend across the full record is volatile.
- 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.