Services, value added in Timor-Leste
Timor-Leste: Services, value added was 71.6% in 2024. ▼ Falling
Services, value added in Timor-Leste, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Timor-Leste recorded 71.6% for services, value added in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 17.4% on the previous year and up 12.8% over ten years.
Over the whole period, services, value added in Timor-Leste peaked at 71.6% in 2024 and was at its lowest, 30.4%, in 2021.
Timor-Leste ranks 28th of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Services, value added in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 51.1% | — |
| 2001 | 59.5% | +16.4% |
| 2002 | 58.3% | -1.9% |
| 2003 | 59.4% | +1.8% |
| 2004 | 60.2% | +1.3% |
| 2005 | 63.2% | +5.0% |
| 2006 | 63.1% | -0.1% |
| 2007 | 62.9% | -0.2% |
| 2008 | 62.4% | -0.8% |
| 2009 | 67.5% | +8.1% |
| 2010 | 68.9% | +2.1% |
| 2011 | 67.0% | -2.8% |
| 2012 | 69.1% | +3.2% |
| 2013 | 61.5% | -11.1% |
| 2014 | 63.5% | +3.3% |
| 2015 | 63.7% | +0.4% |
| 2016 | 66.2% | +3.9% |
| 2017 | 69.0% | +4.2% |
| 2018 | 68.5% | -0.7% |
| 2019 | 55.2% | -19.4% |
| 2020 | 48.3% | -12.5% |
| 2021 | 30.4% | -37.0% |
| 2022 | 36.3% | +19.3% |
| 2023 | 61.0% | +67.9% |
| 2024 | 71.6% | +17.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60.8% | 51.1% | 67.5% | 10 |
| 2010s | 65.3% | 55.2% | 69.1% | 10 |
| 2020s | 49.5% | 30.4% | 71.6% | 5 |
Countries ranked near Timor-Leste
More economy & growth data for Timor-Leste
- Net primary income (Net income from abroad) (current US$), annual 22.32 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP -0.0186 current US$ per US$ of GDP (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Taxes less subsidies on products (current US$), annual growth rate -81.85 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 22.32 % change on previous year (2024)
- GNI (current LCU), annual growth rate -4.74 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,428 current US$ per person (2025)
- Taxes less subsidies on products (current US$), per capita -24.84 current US$ per person (2024)
Frequently asked questions
- What is services, value added in Timor-Leste?
- Services, value added in Timor-Leste was 71.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Timor-Leste?
- The highest recorded value was 71.6% in 2024.
- What is the lowest services, value added recorded in Timor-Leste?
- The lowest recorded value was 30.4% in 2021.
- How does Timor-Leste rank for services, value added?
- Timor-Leste ranks 28th out of 204 countries with data for 2024.
- Is services, value added rising or falling in Timor-Leste?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is falling.
- Where does this Timor-Leste data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.