Services, value added (constant LCU), annual growth rate in Timor-Leste
Timor-Leste: Services, value added (constant LCU), annual growth rate was 3.41 % change on previous year in 2024. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Timor-Leste, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (constant lcu), annual growth rate in Timor-Leste stood at 3.41 % change on previous year.
The figure is up 1.1% on the previous year and down 56.5% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Timor-Leste peaked at 42.35 % change on previous year in 2001 and was at its lowest, -7.25 % change on previous year, in 2020.
Timor-Leste ranks 99th of 196 countries on this measure, 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 (constant LCU), annual growth rate in Timor-Leste, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 42.35 % change on previous year | — |
| 2002 | -6.06 % change on previous year | -114.3% |
| 2003 | 2.49 % change on previous year | -141.1% |
| 2004 | 19.81 % change on previous year | +695.3% |
| 2005 | 4.39 % change on previous year | -77.9% |
| 2006 | -6.17 % change on previous year | -240.6% |
| 2007 | 11.79 % change on previous year | -291.2% |
| 2008 | 2.23 % change on previous year | -81.1% |
| 2009 | 7.89 % change on previous year | +253.6% |
| 2010 | 10.17 % change on previous year | +28.9% |
| 2011 | 11.74 % change on previous year | +15.4% |
| 2012 | 6.72 % change on previous year | -42.8% |
| 2013 | 1.26 % change on previous year | -81.3% |
| 2014 | 7.83 % change on previous year | +523.8% |
| 2015 | 4.55 % change on previous year | -41.9% |
| 2016 | 5.59 % change on previous year | +22.9% |
| 2017 | 2.63 % change on previous year | -53.0% |
| 2018 | -1.38 % change on previous year | -152.5% |
| 2019 | 0.3065 % change on previous year | -122.2% |
| 2020 | -7.25 % change on previous year | -2463.5% |
| 2021 | 6.36 % change on previous year | -187.8% |
| 2022 | 2.4 % change on previous year | -62.2% |
| 2023 | 3.37 % change on previous year | +40.3% |
| 2024 | 3.41 % change on previous year | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.75 % change on previous year | -6.17 % change on previous year | 42.35 % change on previous year | 9 |
| 2010s | 4.94 % change on previous year | -1.38 % change on previous year | 11.74 % change on previous year | 10 |
| 2020s | 1.66 % change on previous year | -7.25 % change on previous year | 6.36 % change on previous year | 5 |
Countries ranked near Timor-Leste
- 96 Dominica 3.46 % change on previous year compare
- 97 Barbados 3.44 % change on previous year compare
- 98 Cameroon 3.44 % change on previous year compare
- 100 Cambodia 3.34 % change on previous year compare
- 101 Sri Lanka 3.3 % change on previous year compare
- 102 Central African Republic 3.3 % change on previous year compare
More economy & growth data for Timor-Leste
- Manufacturing, value added (constant 2015 US$), per capita 20.71 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0155 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 25.31 current LCU per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.019 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 25.31 current US$ per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.019 current US$ per US$ of GDP (2024)
- Gross national expenditure 2.76 billion constant 2015 US$ (2024)
- Final consumption expenditure 2.21 billion constant 2015 US$ (2024)
- Final consumption expenditure 2.7% (2024)
- Industry (including construction), value added 115.48 million constant LCU (2024)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Timor-Leste?
- Services, value added (constant lcu), annual growth rate in Timor-Leste was 3.41 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Timor-Leste?
- The highest recorded value was 42.35 % change on previous year in 2001.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Timor-Leste?
- The lowest recorded value was -7.25 % change on previous year in 2020.
- How does Timor-Leste rank for services, value added (constant lcu), annual growth rate?
- Timor-Leste ranks 99th out of 196 countries with data for 2024.
- Is services, value added (constant lcu), annual growth rate rising or falling in Timor-Leste?
- Over the last ten years it is down 56.5%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.