Gross value added at basic prices (GVA) (current US$), annual growth in Timor-Leste

Timor-Leste: Gross value added at basic prices (GVA) (current US$), annual growth was -8.92 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-8.92 % change on previous year
Change on year
up 74.2%
World rank
197th
of 205 countries
All-time high
72.67 % change on previous year
in 2021
All-time low
-34.61 % change on previous year
in 2023
Years of data
24
2001–2024

Gross value added at basic prices (GVA) (current US$), annual growth in Timor-Leste, 2001–2024

-2502550752001201220242001: 28.2 % change on previous year2002: -0.904 % change on previous year2003: 3.9 % change on previous year2004: -8.2 % change on previous year2005: 5.9 % change on previous year2006: 1.1 % change on previous year2007: 17.1 % change on previous year2008: 22 % change on previous year2009: 14.5 % change on previous year2010: 22.7 % change on previous year2011: 16.5 % change on previous year2012: 17.4 % change on previous year2013: 14.9 % change on previous year2014: 2.3 % change on previous year2015: 8.1 % change on previous year2016: 5.8 % change on previous year2017: -3.9 % change on previous year2018: -1 % change on previous year2019: 26.8 % change on previous year2020: 4.9 % change on previous year2021: 72.7 % change on previous year2022: -11.6 % change on previous year2023: -34.6 % change on previous year2024: -8.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Timor-Leste recorded -8.92 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024.

The figure is up 74.2% on the previous year and down 483.5% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Timor-Leste peaked at 72.67 % change on previous year in 2021 and was at its lowest, -34.61 % change on previous year, in 2023.

Timor-Leste ranks 197th of 205 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 value added at basic prices (GVA) (current US$), annual growth in Timor-Leste, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Timor-Leste, 2001 to 2024.
Year % change on previous year Change
2001 28.18 % change on previous year
2002 -0.9036 % change on previous year -103.2%
2003 3.91 % change on previous year -532.8%
2004 -8.2 % change on previous year -309.7%
2005 5.87 % change on previous year -171.6%
2006 1.15 % change on previous year -80.5%
2007 17.15 % change on previous year +1397.1%
2008 21.95 % change on previous year +28.0%
2009 14.54 % change on previous year -33.8%
2010 22.71 % change on previous year +56.2%
2011 16.45 % change on previous year -27.6%
2012 17.42 % change on previous year +5.9%
2013 14.88 % change on previous year -14.6%
2014 2.33 % change on previous year -84.4%
2015 8.14 % change on previous year +249.9%
2016 5.84 % change on previous year -28.2%
2017 -3.93 % change on previous year -167.3%
2018 -1.01 % change on previous year -74.4%
2019 26.78 % change on previous year -2764.8%
2020 4.87 % change on previous year -81.8%
2021 72.67 % change on previous year +1392.5%
2022 -11.62 % change on previous year -116.0%
2023 -34.61 % change on previous year +198.0%
2024 -8.92 % change on previous year -74.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.29 % change on previous year -8.2 % change on previous year 28.18 % change on previous year 9
2010s 10.96 % change on previous year -3.93 % change on previous year 26.78 % change on previous year 10
2020s 4.48 % change on previous year -34.61 % change on previous year 72.67 % change on previous year 5

Countries ranked near Timor-Leste

  1. 194 Japan -4.54 % change on previous year compare
  2. 195 Egypt -5.41 % change on previous year compare
  3. 196 French Polynesia -8.01 % change on previous year compare
  4. 198 Iraq -9.04 % change on previous year compare
  5. 199 Palestine, State of -12.3 % change on previous year compare
  6. 200 Tuvalu -14.46 % change on previous year compare

See the full ranking of 244 places →

More economy & growth data for Timor-Leste

All data for Timor-Leste →

Frequently asked questions

What is gross value added at basic prices (gva) (current us$), annual growth in Timor-Leste?
Gross value added at basic prices (gva) (current us$), annual growth in Timor-Leste was -8.92 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Timor-Leste?
The highest recorded value was 72.67 % change on previous year in 2021.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Timor-Leste?
The lowest recorded value was -34.61 % change on previous year in 2023.
How does Timor-Leste rank for gross value added at basic prices (gva) (current us$), annual growth?
Timor-Leste ranks 197th out of 205 countries with data for 2024.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Timor-Leste?
Over the last ten years it is down 483.5%. The long-run trend across the full record is volatile.
Where does this Timor-Leste data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Timor-Leste. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/timor-leste/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/timor-leste/">Gross value added at basic prices (GVA) (current US$), annual growth in Timor-Leste</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.