Gross savings in Timor-Leste
Timor-Leste: Gross savings was -18.5% in 2024. ◆ Volatile
Gross savings in Timor-Leste, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2024, gross savings in Timor-Leste stood at -18.5%. That is the lowest value across all 19 years on record.
That represents a change of down 140.8% on the previous year and down 140.3% over ten years.
Over the whole period, gross savings in Timor-Leste peaked at 75.8% in 2011 and was at its lowest, -18.5%, in 2024.
Timor-Leste ranks 177th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Timor-Leste, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2006 | 55.5% | — |
| 2007 | 61.7% | +11.1% |
| 2008 | 74.1% | +20.1% |
| 2009 | 63.0% | -15.0% |
| 2010 | 68.3% | +8.3% |
| 2011 | 75.8% | +11.0% |
| 2012 | 68.6% | -9.5% |
| 2013 | 61.7% | -9.9% |
| 2014 | 45.9% | -25.6% |
| 2015 | 39.1% | -14.8% |
| 2016 | 15.6% | -60.1% |
| 2017 | 14.3% | -8.2% |
| 2018 | 10.1% | -29.7% |
| 2019 | 31.7% | +213.9% |
| 2020 | 18.8% | -40.6% |
| 2021 | 44.7% | +137.9% |
| 2022 | 24.8% | -44.6% |
| 2023 | -7.7% | -131.0% |
| 2024 | -18.5% | +140.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.6% | 55.5% | 74.1% | 4 |
| 2010s | 43.1% | 10.1% | 75.8% | 10 |
| 2020s | 12.4% | -18.5% | 44.7% | 5 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- GNI, Atlas method (current US$), annual growth rate -7.18 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.4421 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita -588.83 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -72.64 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP -0.4421 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita -588.83 current LCU per person (2024)
- GNI (current US$), annual growth rate -4.74 % change on previous year (2025)
- GNI (current US$), per capita 1,428 current US$ per person (2025)
- GNI (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), annual growth rate -72.64 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Timor-Leste?
- Gross savings in Timor-Leste was -18.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Timor-Leste?
- The highest recorded value was 75.8% in 2011.
- What is the lowest gross savings recorded in Timor-Leste?
- The lowest recorded value was -18.5% in 2024.
- How does Timor-Leste rank for gross savings?
- Timor-Leste ranks 177th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Timor-Leste?
- Over the last ten years it is down 140.3%. 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 Offices (NSOs), published as part of Gross savings (% of GNI). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.