Current account balance (credit less debit), Net (credits less debits) in Timor-Leste
Timor-Leste: Current account balance (credit less debit), Net (credits less debits) was -587.48 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Timor-Leste, 2006–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Timor-Leste stood at -587.48 million. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 205.1% on the previous year and down 153.1% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Timor-Leste peaked at 2.74 billion in 2012 and was at its lowest, -587.48 million, in 2024.
Timor-Leste ranks 114th of 198 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.
Current account balance (credit less debit), Net (credits less debits) in Timor-Leste, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 540.95 million | — |
| 2007 | 1.18 billion | +117.6% |
| 2008 | 2.02 billion | +71.7% |
| 2009 | 1.28 billion | -36.4% |
| 2010 | 1.67 billion | +30.1% |
| 2011 | 2.35 billion | +40.4% |
| 2012 | 2.74 billion | +16.6% |
| 2013 | 2.39 billion | -12.6% |
| 2014 | 1.11 billion | -53.7% |
| 2015 | 224.82 million | -79.7% |
| 2016 | -533.08 million | -337.1% |
| 2017 | -339.08 million | -36.4% |
| 2018 | -191.15 million | -43.6% |
| 2019 | 450.41 million | -335.6% |
| 2020 | 487.45 million | +8.2% |
| 2021 | 1.99 billion | +307.2% |
| 2022 | 488.48 million | -75.4% |
| 2023 | -192.57 million | -139.4% |
| 2024 | -587.48 million | +205.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.26 billion | 540.95 million | 2.02 billion | 4 |
| 2010s | 986.16 million | -533.08 million | 2.74 billion | 10 |
| 2020s | 436.18 million | -587.48 million | 1.99 billion | 5 |
Countries ranked near Timor-Leste
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 current account balance (credit less debit), net (credits less debits) in Timor-Leste?
- Current account balance (credit less debit), net (credits less debits) in Timor-Leste was -587.48 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Timor-Leste?
- The highest recorded value was 2.74 billion in 2012.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Timor-Leste?
- The lowest recorded value was -587.48 million in 2024.
- How does Timor-Leste rank for current account balance (credit less debit), net (credits less debits)?
- Timor-Leste ranks 114th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Timor-Leste?
- Over the last ten years it is down 153.1%. The long-run trend across the full record is volatile.
- Where does this Timor-Leste data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.