Gross domestic savings in Timor-Leste
Timor-Leste: Gross domestic savings was -44.2% in 2024. ◆ Volatile
Gross domestic savings in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Timor-Leste recorded -44.2% for gross domestic savings in 2024.
Compared with earlier readings it is down 92.5% on the previous year and down 45.2% over ten years.
Over the whole period, gross domestic savings in Timor-Leste peaked at 41.6% in 2021 and was at its lowest, -136.9%, in 2002.
That places Timor-Leste 187th out of 188 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 | % of GDP | Change |
|---|---|---|
| 2000 | -120.9% | — |
| 2001 | -118.6% | -1.9% |
| 2002 | -136.9% | +15.4% |
| 2003 | -86.3% | -37.0% |
| 2004 | -75.3% | -12.7% |
| 2005 | -44.6% | -40.8% |
| 2006 | -68.3% | +53.1% |
| 2007 | -90.1% | +32.0% |
| 2008 | -85.2% | -5.4% |
| 2009 | -90.5% | +6.2% |
| 2010 | -74.6% | -17.6% |
| 2011 | -57.6% | -22.7% |
| 2012 | -54.2% | -5.9% |
| 2013 | -26.7% | -50.8% |
| 2014 | -30.4% | +14.1% |
| 2015 | -17.0% | -44.1% |
| 2016 | -14.1% | -16.9% |
| 2017 | -18.2% | +28.5% |
| 2018 | -23.0% | +26.7% |
| 2019 | -1.4% | -93.9% |
| 2020 | 5.0% | -458.3% |
| 2021 | 41.6% | +723.4% |
| 2022 | 24.2% | -41.8% |
| 2023 | -23.0% | -194.9% |
| 2024 | -44.2% | +92.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -91.7% | -136.9% | -44.6% | 10 |
| 2010s | -31.7% | -74.6% | -1.4% | 10 |
| 2020s | 0.7% | -44.2% | 41.6% | 5 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Gross fixed capital formation (current US$), per unit of GDP 0.2701 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 31.82 % change on previous year (2024)
- Gross fixed capital formation (constant 2015 US$), per capita 342.76 constant 2015 US$ per person (2024)
- Gross fixed capital formation (constant 2015 US$), per unit of GDP 0.2573 constant 2015 US$ per US$ of GDP (2024)
- Gross fixed capital formation (constant 2015 US$), annual growth rate 41.71 % change on previous year (2024)
- Gross fixed capital formation (current LCU), per capita 359.74 current LCU per person (2024)
- Gross fixed capital formation (current LCU), per unit of GDP 0.2701 current LCU per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 359.74 current US$ per person (2024)
- Exports of goods and services (current LCU), per capita 140.62 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -68.51 % change on previous year (2024)
Frequently asked questions
- What is gross domestic savings in Timor-Leste?
- Gross domestic savings in Timor-Leste was -44.2% 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 41.6% in 2021.
- What is the lowest gross domestic savings recorded in Timor-Leste?
- The lowest recorded value was -136.9% in 2002.
- How does Timor-Leste rank for gross domestic savings?
- Timor-Leste ranks 187th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Timor-Leste?
- Over the last ten years it is down 45.2%. 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 (% of GDP). 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 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.