Gross value added at basic prices (GVA) (constant 2015 US$) in East Timor
East Timor: Gross value added at basic prices (GVA) (constant 2015 US$) was 1.62 billion constant 2015 US$ in 2024. ▲ Rising
Gross value added at basic prices (GVA) in East Timor, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
East Timor recorded 1.62 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024.
Compared with earlier readings it is down 9.5% on the previous year and up 7.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in East Timor peaked at 2.74 billion constant 2015 US$ in 2021 and was at its lowest, 827.61 million constant 2015 US$, in 2000.
That places East Timor 178th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in East Timor, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 827.61 million constant 2015 US$ | — |
| 2001 | 961.14 million constant 2015 US$ | +16.1% |
| 2002 | 892.16 million constant 2015 US$ | -7.2% |
| 2003 | 869.24 million constant 2015 US$ | -2.6% |
| 2004 | 875.99 million constant 2015 US$ | +0.8% |
| 2005 | 902.18 million constant 2015 US$ | +3.0% |
| 2006 | 875.28 million constant 2015 US$ | -3.0% |
| 2007 | 955.70 million constant 2015 US$ | +9.2% |
| 2008 | 1.05 billion constant 2015 US$ | +9.9% |
| 2009 | 1.18 billion constant 2015 US$ | +12.1% |
| 2010 | 1.28 billion constant 2015 US$ | +8.3% |
| 2011 | 1.33 billion constant 2015 US$ | +4.6% |
| 2012 | 1.39 billion constant 2015 US$ | +4.5% |
| 2013 | 1.47 billion constant 2015 US$ | +5.2% |
| 2014 | 1.50 billion constant 2015 US$ | +2.6% |
| 2015 | 1.59 billion constant 2015 US$ | +5.6% |
| 2016 | 1.66 billion constant 2015 US$ | +4.7% |
| 2017 | 1.60 billion constant 2015 US$ | -3.8% |
| 2018 | 1.61 billion constant 2015 US$ | +0.3% |
| 2019 | 1.97 billion constant 2015 US$ | +22.4% |
| 2020 | 2.59 billion constant 2015 US$ | +31.7% |
| 2021 | 2.74 billion constant 2015 US$ | +5.9% |
| 2022 | 2.18 billion constant 2015 US$ | -20.7% |
| 2023 | 1.79 billion constant 2015 US$ | -17.7% |
| 2024 | 1.62 billion constant 2015 US$ | -9.5% |
East Timor compared with similar countries
- East Timor's 1.62 billion constant 2015 US$ is below the median for lower middle income countries, which is 25.04 billion constant 2015 US$, 6% of the median. (46 countries reporting)
- East Timor's 1.62 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 31.94 billion constant 2015 US$, 5% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 938.82 million constant 2015 US$ | 827.61 million constant 2015 US$ | 1.18 billion constant 2015 US$ | 10 |
| 2010s | 1.54 billion constant 2015 US$ | 1.28 billion constant 2015 US$ | 1.97 billion constant 2015 US$ | 10 |
| 2020s | 2.18 billion constant 2015 US$ | 1.62 billion constant 2015 US$ | 2.74 billion constant 2015 US$ | 5 |
Countries ranked near East Timor
- 175 Seychelles 1.78 billion constant 2015 US$ compare
- 176 Guinea-Bissau 1.73 billion constant 2015 US$ compare
- 177 Antigua and Barbuda 1.63 billion constant 2015 US$ compare
- 179 San Marino 1.61 billion constant 2015 US$ compare
- 180 Solomon Islands 1.45 billion constant 2015 US$ compare
- 181 Comoros 1.20 billion constant 2015 US$ compare
More economy & growth data for East Timor
- SDRs holdings, US dollar, annual growth rate 4.96 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0201 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 26.91 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0477 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0147 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 19.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 20.52 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in East Timor?
- Gross value added at basic prices (gva) in East Timor was 1.62 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in East Timor?
- The highest recorded value was 2.74 billion constant 2015 US$ in 2021.
- What is the lowest gross value added at basic prices (gva) recorded in East Timor?
- The lowest recorded value was 827.61 million constant 2015 US$ in 2000.
- How does East Timor rank for gross value added at basic prices (gva)?
- East Timor ranks 178th out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in East Timor?
- Over the last ten years it is up 7.6%. The long-run trend across the full record is rising.
- Where does this East Timor data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.