Gross fixed capital formation in Timor-Leste
Timor-Leste: Gross fixed capital formation was 27.0% in 2024. ▼ Falling
Gross fixed capital formation in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Timor-Leste is 27.0%, measured in 2024.
The figure is up 55.6% on the previous year and down 34.2% over ten years.
Over the whole period, gross fixed capital formation in Timor-Leste peaked at 70.1% in 2011 and was at its lowest, 9.9%, in 2022.
Timor-Leste ranks 44th of 181 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Gross fixed capital formation in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 38.0% | — |
| 2001 | 31.9% | -16.0% |
| 2002 | 27.4% | -14.3% |
| 2003 | 21.7% | -20.8% |
| 2004 | 16.7% | -23.2% |
| 2005 | 15.6% | -6.1% |
| 2006 | 12.0% | -23.5% |
| 2007 | 18.5% | +54.7% |
| 2008 | 31.2% | +68.5% |
| 2009 | 48.7% | +56.2% |
| 2010 | 42.7% | -12.4% |
| 2011 | 70.1% | +64.2% |
| 2012 | 57.6% | -17.8% |
| 2013 | 40.2% | -30.1% |
| 2014 | 41.1% | +2.1% |
| 2015 | 35.6% | -13.3% |
| 2016 | 38.3% | +7.4% |
| 2017 | 32.9% | -13.9% |
| 2018 | 32.9% | -0.1% |
| 2019 | 22.9% | -30.5% |
| 2020 | 13.7% | -40.1% |
| 2021 | 14.2% | +3.5% |
| 2022 | 9.9% | -30.5% |
| 2023 | 17.4% | +76.1% |
| 2024 | 27.0% | +55.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.2% | 12.0% | 48.7% | 10 |
| 2010s | 41.4% | 22.9% | 70.1% | 10 |
| 2020s | 16.4% | 9.9% | 27.0% | 5 |
Countries ranked near Timor-Leste
- 41 Japan 27.8% compare
- 42 Jordan 27.5% compare
- 43 El Salvador 27.2% compare
- 45 Mauritania 27.0% compare
- 46 Brunei Darussalam 26.9% compare
- 47 Morocco 26.8% compare
More economy & growth data for Timor-Leste
- Manufacturing, value added (constant 2015 US$), per capita 20.71 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0155 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 25.31 current LCU per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.019 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 25.31 current US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.019 current US$ per US$ of GDP (2024)
- Gross capital formation 30.1% (2024)
- Imports of goods and services 12.0% (2024)
- Imports of goods and services 1.25 billion constant 2015 US$ (2024)
- Imports of goods and services 1.58 billion current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation in Timor-Leste?
- Gross fixed capital formation in Timor-Leste was 27.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Timor-Leste?
- The highest recorded value was 70.1% in 2011.
- What is the lowest gross fixed capital formation recorded in Timor-Leste?
- The lowest recorded value was 9.9% in 2022.
- How does Timor-Leste rank for gross fixed capital formation?
- Timor-Leste ranks 44th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Timor-Leste?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is falling.
- 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 fixed capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.