Insurance and financial services in Timor-Leste
Timor-Leste: Insurance and financial services was 1.2% in 2025. ◆ Volatile
Insurance and financial services in Timor-Leste, 2012–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for insurance and financial services in Timor-Leste is 1.2%, measured in 2025.
Compared with earlier readings it is down 56.1% on the previous year and up 2,558.7% over ten years.
Over the whole period, insurance and financial services in Timor-Leste peaked at 13.1% in 2021 and was at its lowest, -0.4%, in 2020.
That places Timor-Leste 133rd out of 190 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Timor-Leste, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2012 | 1.3% | — |
| 2013 | 1.4% | +0.5% |
| 2014 | 1.3% | -2.1% |
| 2015 | 0.0% | -96.5% |
| 2016 | 0.0% | -98.1% |
| 2017 | 0.1% | +9782.7% |
| 2018 | 0.7% | +671.0% |
| 2019 | 0.5% | -25.6% |
| 2020 | -0.4% | -186.0% |
| 2021 | 13.1% | -3041.0% |
| 2022 | 6.4% | -51.1% |
| 2023 | 4.6% | -27.7% |
| 2024 | 2.8% | -38.6% |
| 2025 | 1.2% | -56.1% |
Timor-Leste compared with similar countries
- Timor-Leste's 1.2% is below the median for lower middle income countries, which is 1.6%, 76% of the median. (46 countries reporting)
- Timor-Leste's 1.2% is below the median for East Asia & Pacific, which is 1.3%, 92% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Timor-Leste changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +9782.7% | 0.0% | 0.1% |
| 2021 | +3041.0% | -0.4% | 13.1% |
| 2018 | +671.0% | 0.1% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7% | 0.0% | 1.4% | 8 |
| 2020s | 4.6% | -0.4% | 13.1% | 6 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- 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 insurance and financial services in Timor-Leste?
- Insurance and financial services in Timor-Leste was 1.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Timor-Leste?
- The highest recorded value was 13.1% in 2021.
- What is the lowest insurance and financial services recorded in Timor-Leste?
- The lowest recorded value was -0.4% in 2020.
- How does Timor-Leste rank for insurance and financial services?
- Timor-Leste ranks 133rd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Timor-Leste?
- Over the last ten years it is up 2,558.7%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.