Borrowers from commercial banks in Timor-Leste
Timor-Leste: Borrowers from commercial banks was 51.4 per 1,000 adults in 2023. ▲ Rising
Borrowers from commercial banks in Timor-Leste, 2004–2023
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Timor-Leste is 51.4 per 1,000 adults, measured in 2023.
Compared with earlier readings it is down 0.8% on the previous year and up 44.0% over ten years.
Over the whole period, borrowers from commercial banks in Timor-Leste peaked at 51.84 per 1,000 adults in 2022 and was at its lowest, 12.42 per 1,000 adults, in 2009.
Timor-Leste ranks 87th of 113 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Borrowers from commercial banks in Timor-Leste, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 30.08 per 1,000 adults | — |
| 2005 | 29.16 per 1,000 adults | -3.0% |
| 2006 | 26.66 per 1,000 adults | -8.6% |
| 2007 | 20.89 per 1,000 adults | -21.6% |
| 2008 | 16.39 per 1,000 adults | -21.6% |
| 2009 | 12.42 per 1,000 adults | -24.2% |
| 2010 | 13.18 per 1,000 adults | +6.1% |
| 2011 | 29.94 per 1,000 adults | +127.2% |
| 2012 | 35.13 per 1,000 adults | +17.3% |
| 2013 | 35.7 per 1,000 adults | +1.6% |
| 2014 | 36.97 per 1,000 adults | +3.6% |
| 2015 | 36.63 per 1,000 adults | -0.9% |
| 2016 | 40.21 per 1,000 adults | +9.8% |
| 2017 | 43.16 per 1,000 adults | +7.3% |
| 2018 | 37.46 per 1,000 adults | -13.2% |
| 2019 | 42.4 per 1,000 adults | +13.2% |
| 2020 | 46.34 per 1,000 adults | +9.3% |
| 2021 | 48.22 per 1,000 adults | +4.1% |
| 2022 | 51.84 per 1,000 adults | +7.5% |
| 2023 | 51.4 per 1,000 adults | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.6 per 1,000 adults | 12.42 per 1,000 adults | 30.08 per 1,000 adults | 6 |
| 2010s | 35.08 per 1,000 adults | 13.18 per 1,000 adults | 43.16 per 1,000 adults | 10 |
| 2020s | 49.45 per 1,000 adults | 46.34 per 1,000 adults | 51.84 per 1,000 adults | 4 |
Countries ranked near Timor-Leste
- 84 Zimbabwe 58.55 per 1,000 adults compare
- 85 Sao Tome and Principe 55.43 per 1,000 adults compare
- 86 Lesotho 52.75 per 1,000 adults compare
- 88 Syrian Arab Republic 50.54 per 1,000 adults compare
- 89 Tanzania, United Republic of 49.15 per 1,000 adults compare
- 90 Zambia 44.76 per 1,000 adults compare
More financial sector data for Timor-Leste
- Net domestic credit (current LCU), per capita -140.19 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP -0.1045 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate -108.88 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 556.51 million SDR (2025)
- Reserves excluding gold 588.74 million SDR (2025)
- Total reserves (gold at market value) 588.74 million SDR (2025)
- Total reserves (gold at national valuation) 588.74 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 415.04 SDR per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Timor-Leste?
- Borrowers from commercial banks in Timor-Leste was 51.4 per 1,000 adults in 2023, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Timor-Leste?
- The highest recorded value was 51.84 per 1,000 adults in 2022.
- What is the lowest borrowers from commercial banks recorded in Timor-Leste?
- The lowest recorded value was 12.42 per 1,000 adults in 2009.
- How does Timor-Leste rank for borrowers from commercial banks?
- Timor-Leste ranks 87th out of 113 countries with data for 2023.
- Is borrowers from commercial banks rising or falling in Timor-Leste?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is rising.
- Where does this Timor-Leste data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.