Gross fixed capital formation, private sector in Timor-Leste
Timor-Leste: Gross fixed capital formation, private sector was 7.1% in 2024. ▼ Falling
Gross fixed capital formation, private sector in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Timor-Leste recorded 7.1% for gross fixed capital formation, private sector in 2024.
That represents a change of up 44.2% on the previous year and down 12.9% over ten years.
Over the whole period, gross fixed capital formation, private sector in Timor-Leste peaked at 10.2% in 2009 and was at its lowest, 2.7%, in 2022.
Timor-Leste ranks 96th of 106 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Gross fixed capital formation, private sector in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 8.8% | — |
| 2001 | 7.4% | -16.2% |
| 2002 | 7.0% | -4.6% |
| 2003 | 6.6% | -6.7% |
| 2004 | 8.5% | +29.9% |
| 2005 | 8.4% | -1.3% |
| 2006 | 3.9% | -53.7% |
| 2007 | 7.6% | +95.2% |
| 2008 | 9.2% | +21.3% |
| 2009 | 10.2% | +10.1% |
| 2010 | 8.9% | -12.1% |
| 2011 | 8.1% | -8.8% |
| 2012 | 8.7% | +7.1% |
| 2013 | 8.2% | -5.6% |
| 2014 | 8.2% | -0.7% |
| 2015 | 7.4% | -9.8% |
| 2016 | 7.5% | +1.2% |
| 2017 | 8.8% | +17.6% |
| 2018 | 4.4% | -50.2% |
| 2019 | 5.2% | +18.3% |
| 2020 | 4.9% | -5.4% |
| 2021 | 9.6% | +95.2% |
| 2022 | 2.7% | -71.6% |
| 2023 | 4.9% | +81.6% |
| 2024 | 7.1% | +44.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | 3.9% | 10.2% | 10 |
| 2010s | 7.5% | 4.4% | 8.9% | 10 |
| 2020s | 5.9% | 2.7% | 9.6% | 5 |
Countries ranked near Timor-Leste
- 93 Central African Republic 8.6% compare
- 94 Angola 7.3% compare
- 95 Macau, China 7.3% compare
- 97 Egypt 6.6% compare
- 98 American Samoa 6.1% compare
- 99 Oman 5.5%
More economy & growth data for Timor-Leste
- External balance on goods and services (current LCU), annual growth -53.43 % change on previous year (2024)
- Gross capital formation (current LCU), per capita 401.02 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.668 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 889.77 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -53.43 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3011 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 268.53 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.2016 current LCU per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.98 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.27 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, private sector in Timor-Leste?
- Gross fixed capital formation, private sector in Timor-Leste was 7.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Timor-Leste?
- The highest recorded value was 10.2% in 2009.
- What is the lowest gross fixed capital formation, private sector recorded in Timor-Leste?
- The lowest recorded value was 2.7% in 2022.
- How does Timor-Leste rank for gross fixed capital formation, private sector?
- Timor-Leste ranks 96th out of 106 countries with data for 2024.
- Is gross fixed capital formation, private sector rising or falling in Timor-Leste?
- Over the last ten years it is down 12.9%. 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.