Insurance and financial services in Timor-Leste
Timor-Leste: Insurance and financial services was 11.9% in 2025. ◆ Volatile
Insurance and financial services in Timor-Leste, 2006–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Timor-Leste recorded 11.9% for insurance and financial services in 2025.
That represents a change of down 3.9% on the previous year and up 161.8% over ten years.
Over the whole period, insurance and financial services in Timor-Leste peaked at 12.3% in 2024 and was at its lowest, 1.0%, in 2010.
That places Timor-Leste 34th out of 197 countries with data for 2025, putting it in the top quarter.
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 imports, BoP | Change |
|---|---|---|
| 2006 | 2.1% | — |
| 2007 | 3.0% | +40.9% |
| 2008 | 4.6% | +55.2% |
| 2009 | 1.3% | -72.5% |
| 2010 | 1.0% | -18.6% |
| 2011 | 1.1% | +2.2% |
| 2012 | 1.3% | +25.6% |
| 2013 | 3.3% | +147.8% |
| 2014 | 2.1% | -37.4% |
| 2015 | 4.5% | +120.3% |
| 2016 | 4.0% | -10.7% |
| 2017 | 6.2% | +53.2% |
| 2018 | 5.9% | -5.3% |
| 2019 | 4.7% | -19.6% |
| 2020 | 2.5% | -48.0% |
| 2021 | 4.3% | +74.6% |
| 2022 | 5.8% | +35.0% |
| 2023 | 7.7% | +33.6% |
| 2024 | 12.3% | +59.6% |
| 2025 | 11.9% | -3.9% |
Timor-Leste compared with similar countries
- Timor-Leste's 11.9% is above the median for lower middle income countries, which is 6.5%, 1.8× the median. (47 countries reporting)
- Timor-Leste's 11.9% is above the median for East Asia & Pacific, which is 4.9%, 2.4× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 1.3% | 4.6% | 4 |
| 2010s | 3.4% | 1.0% | 6.2% | 10 |
| 2020s | 7.4% | 2.5% | 12.3% | 6 |
Countries ranked near Timor-Leste
- 31 Togo 12.1% compare
- 32 Dominican Republic 11.9% compare
- 33 Hong Kong, China 11.9% compare
- 35 Chile 11.7% compare
- 36 Kyrgyzstan 11.7% compare
- 37 Bahamas 11.3% compare
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 11.9% 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 12.3% in 2024.
- What is the lowest insurance and financial services recorded in Timor-Leste?
- The lowest recorded value was 1.0% in 2010.
- How does Timor-Leste rank for insurance and financial services?
- Timor-Leste ranks 34th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Timor-Leste?
- Over the last ten years it is up 161.8%. 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 imports, BoP). Statizoid updates them automatically from the source API.
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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 imports which are services provided by non-residents to residents.