Merchandise trade as a proportion of GDP in Timor-Leste
Timor-Leste: Merchandise trade as a proportion of GDP was 56.4% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Timor-Leste, 2003–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, merchandise trade as a proportion of gdp in Timor-Leste stood at 56.4%.
That represents a change of up 9.3% on the previous year and down 6.4% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Timor-Leste peaked at 61.7% in 2013 and was at its lowest, 24.0%, in 2006.
Timor-Leste ranks 9th of 20 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Merchandise trade as a proportion of GDP in Timor-Leste, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 28.1% | — |
| 2004 | 34.7% | +23.4% |
| 2005 | 25.3% | -27.1% |
| 2006 | 24.0% | -5.1% |
| 2007 | 35.2% | +46.5% |
| 2008 | 43.5% | +23.6% |
| 2009 | 41.7% | -4.1% |
| 2010 | 29.7% | -28.7% |
| 2011 | 31.8% | +7.2% |
| 2012 | 59.9% | +88.0% |
| 2013 | 61.7% | +3.0% |
| 2014 | 60.3% | -2.2% |
| 2015 | 37.5% | -37.9% |
| 2016 | 34.6% | -7.8% |
| 2017 | 36.4% | +5.3% |
| 2018 | 36.3% | -0.3% |
| 2019 | 36.7% | +0.9% |
| 2020 | 41.1% | +12.2% |
| 2021 | 41.0% | -0.1% |
| 2022 | 40.7% | -0.8% |
| 2023 | 51.6% | +26.9% |
| 2024 | 56.4% | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.2% | 24.0% | 43.5% | 7 |
| 2010s | 42.5% | 29.7% | 61.7% | 10 |
| 2020s | 46.2% | 40.7% | 56.4% | 5 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 19.5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -3.33 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 359.64 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 359.64 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 337.48 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 337.48 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.12 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.4908 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Timor-Leste?
- Merchandise trade as a proportion of gdp in Timor-Leste was 56.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Timor-Leste?
- The highest recorded value was 61.7% in 2013.
- What is the lowest merchandise trade as a proportion of gdp recorded in Timor-Leste?
- The lowest recorded value was 24.0% in 2006.
- How does Timor-Leste rank for merchandise trade as a proportion of gdp?
- Timor-Leste ranks 9th out of 20 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Timor-Leste?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is rising.
- Where does this Timor-Leste data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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