Services, value added in East Timor
East Timor: Services, value added was 3.4% in 2024. ◆ Volatile
Services, value added in East Timor, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in East Timor is 3.4%, measured in 2024.
That represents a change of up 1.1% on the previous year and down 56.5% over ten years.
Over the whole period, services, value added in East Timor peaked at 42.3% in 2001 and was at its lowest, -7.2%, in 2020.
That places East Timor 100th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in East Timor, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 42.3% | — |
| 2002 | -6.1% | -114.3% |
| 2003 | 2.5% | -141.1% |
| 2004 | 19.8% | +695.2% |
| 2005 | 4.4% | -77.9% |
| 2006 | -6.2% | -240.6% |
| 2007 | 11.8% | -291.2% |
| 2008 | 2.2% | -81.1% |
| 2009 | 7.9% | +253.6% |
| 2010 | 10.2% | +28.9% |
| 2011 | 11.7% | +15.4% |
| 2012 | 6.7% | -42.8% |
| 2013 | 1.3% | -81.3% |
| 2014 | 7.8% | +523.8% |
| 2015 | 4.5% | -42.0% |
| 2016 | 5.6% | +22.9% |
| 2017 | 2.6% | -52.9% |
| 2018 | -1.4% | -152.5% |
| 2019 | 0.3% | -122.3% |
| 2020 | -7.2% | -2460.3% |
| 2021 | 6.4% | -187.8% |
| 2022 | 2.4% | -62.2% |
| 2023 | 3.4% | +40.3% |
| 2024 | 3.4% | +1.1% |
East Timor compared with similar countries
- East Timor's 3.4% is below the median for lower middle income countries, which is 4.5%, 75% of the median. (47 countries reporting)
- East Timor's 3.4% is above the median for East Asia & Pacific, which is 3.4%, 1.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Services, value added in East Timor 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 |
|---|---|---|---|
| 2020 | -2460.3% | 0.3% | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.7% | -6.2% | 42.3% | 9 |
| 2010s | 4.9% | -1.4% | 11.7% | 10 |
| 2020s | 1.7% | -7.2% | 6.4% | 5 |
Countries ranked near East Timor
More economy & growth data for East Timor
- 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 services, value added in East Timor?
- Services, value added in East Timor was 3.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in East Timor?
- The highest recorded value was 42.3% in 2001.
- What is the lowest services, value added recorded in East Timor?
- The lowest recorded value was -7.2% in 2020.
- How does East Timor rank for services, value added?
- East Timor ranks 100th out of 198 countries with data for 2024.
- Is services, value added rising or falling in East Timor?
- Over the last ten years it is down 56.5%. The long-run trend across the full record is volatile.
- Where does this East Timor data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.