Gross savings in East Timor
East Timor: Gross savings was -394.17 million current US$ in 2024. ◆ Volatile
Gross savings in East Timor, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
East Timor recorded -394.17 million current US$ for gross savings in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 123.4% on the previous year and down 125.7% over ten years.
Over the whole period, gross savings in East Timor peaked at 3.47 billion current US$ in 2011 and was at its lowest, -394.17 million current US$, in 2024.
That places East Timor 176th out of 178 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in East Timor, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 722.55 million current US$ | — |
| 2007 | 1.22 billion current US$ | +68.2% |
| 2008 | 2.42 billion current US$ | +99.0% |
| 2009 | 1.59 billion current US$ | -34.3% |
| 2010 | 2.27 billion current US$ | +42.7% |
| 2011 | 3.47 billion current US$ | +53.0% |
| 2012 | 2.96 billion current US$ | -14.7% |
| 2013 | 2.56 billion current US$ | -13.4% |
| 2014 | 1.53 billion current US$ | -40.2% |
| 2015 | 1.09 billion current US$ | -28.8% |
| 2016 | 346.84 million current US$ | -68.2% |
| 2017 | 323.85 million current US$ | -6.6% |
| 2018 | 225.47 million current US$ | -30.4% |
| 2019 | 908.44 million current US$ | +302.9% |
| 2020 | 445.12 million current US$ | -51.0% |
| 2021 | 1.55 billion current US$ | +247.9% |
| 2022 | 757.73 million current US$ | -51.1% |
| 2023 | -176.47 million current US$ | -123.3% |
| 2024 | -394.17 million current US$ | +123.4% |
East Timor compared with similar countries
- East Timor's -394.17 million current US$ is below the median for lower middle income countries, which is 4.69 billion current US$. (45 countries reporting)
- East Timor's -394.17 million current US$ is below the median for East Asia & Pacific, which is 6.81 billion current US$. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.49 billion current US$ | 722.55 million current US$ | 2.42 billion current US$ | 4 |
| 2010s | 1.57 billion current US$ | 225.47 million current US$ | 3.47 billion current US$ | 10 |
| 2020s | 436.13 million current US$ | -394.17 million current US$ | 1.55 billion current US$ | 5 |
Countries ranked near East Timor
More economy & growth data for East Timor
- Foreign direct investment, net outflows (BoP, current US$), gaps 4.50 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0024 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.21 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 253.24 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 12.32 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1331 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 178.52 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.99 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4471 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 599.61 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross savings in East Timor?
- Gross savings in East Timor was -394.17 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in East Timor?
- The highest recorded value was 3.47 billion current US$ in 2011.
- What is the lowest gross savings recorded in East Timor?
- The lowest recorded value was -394.17 million current US$ in 2024.
- How does East Timor rank for gross savings?
- East Timor ranks 176th out of 178 countries with data for 2024.
- Is gross savings rising or falling in East Timor?
- Over the last ten years it is down 125.7%. The long-run trend across the full record is volatile.
- Where does this East Timor data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.