Gross domestic savings in Timor-Leste
Timor-Leste: Gross domestic savings was -824.73 million current US$ 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 US$.
Analysis
The most recent figure for gross domestic savings in Timor-Leste is -824.73 million current US$, 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 US$ in 2021 and was at its lowest, -824.73 million current US$, in 2024.
That places Timor-Leste 176th out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Timor-Leste, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | -443.54 million current US$ | — |
| 2001 | -566.10 million current US$ | +27.6% |
| 2002 | -642.62 million current US$ | +13.5% |
| 2003 | -423.13 million current US$ | -34.2% |
| 2004 | -331.85 million current US$ | -21.6% |
| 2005 | -206.21 million current US$ | -37.9% |
| 2006 | -309.85 million current US$ | +50.3% |
| 2007 | -489.08 million current US$ | +57.8% |
| 2008 | -552.74 million current US$ | +13.0% |
| 2009 | -657.80 million current US$ | +19.0% |
| 2010 | -657.49 million current US$ | -0.0% |
| 2011 | -600.71 million current US$ | -8.6% |
| 2012 | -629.32 million current US$ | +4.8% |
| 2013 | -372.33 million current US$ | -40.8% |
| 2014 | -440.70 million current US$ | +18.4% |
| 2015 | -270.78 million current US$ | -38.6% |
| 2016 | -232.11 million current US$ | -14.3% |
| 2017 | -288.17 million current US$ | +24.2% |
| 2018 | -358.39 million current US$ | +24.4% |
| 2019 | -28.64 million current US$ | -92.0% |
| 2020 | 109.17 million current US$ | -481.2% |
| 2021 | 1.51 billion current US$ | +1280.3% |
| 2022 | 776.75 million current US$ | -48.4% |
| 2023 | -477.72 million current US$ | -161.5% |
| 2024 | -824.73 million current US$ | +72.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -462.29 million current US$ | -657.80 million current US$ | -206.21 million current US$ | 10 |
| 2010s | -387.86 million current US$ | -657.49 million current US$ | -28.64 million current US$ | 10 |
| 2020s | 218.04 million current US$ | -824.73 million current US$ | 1.51 billion current US$ | 5 |
Countries ranked near Timor-Leste
- 173 French Polynesia -361.30 million current US$ compare
- 174 Eritrea -511.89 million current US$ compare
- 175 Tajikistan -571.41 million current US$ compare
- 177 Lesotho -854.22 million current US$ compare
- 178 Republic of Moldova -1.01 billion current US$ compare
- 179 Jordan -1.24 billion current US$ compare
More economy & growth data for Timor-Leste
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.98 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.9052 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 1,214 units per person (2025)
- Inflation of consumer prices 0.4283 (2025)
- Manufacturing value added to gdp 1.9 (2024)
- Gdp per capita worldbank constant usd 1,214 (2025)
Frequently asked questions
- What is gross domestic savings in Timor-Leste?
- Gross domestic savings in Timor-Leste was -824.73 million current US$ 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 US$ in 2021.
- What is the lowest gross domestic savings recorded in Timor-Leste?
- The lowest recorded value was -824.73 million current US$ in 2024.
- How does Timor-Leste rank for gross domestic savings?
- Timor-Leste ranks 176th 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 US$). 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 indicator is expressed in United States dollars.