Current account balance (credit less debit), Net (credits less) in East Timor
East Timor: Current account balance (credit less debit), Net (credits less) was -587.48 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in East Timor, 2006–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in East Timor 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 East Timor peaked at 2.74 billion in 2012 and was at its lowest, -587.48 million, in 2024.
East Timor 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) in East Timor, 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% |
East Timor compared with similar countries
- East Timor's -587.48 million is below the median for lower middle income countries, which is -96.83 million, 6.1× the median. (46 countries reporting)
- East Timor's -587.48 million is below the median for East Asia & Pacific, which is 65.63 million. (33 countries reporting)
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 East Timor
More financial sector data for East Timor
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.2 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.07 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0031 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.2 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in East Timor?
- Current account balance (credit less debit), net (credits less debits) in East Timor 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 East Timor?
- 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 East Timor?
- The lowest recorded value was -587.48 million in 2024.
- How does East Timor rank for current account balance (credit less debit), net (credits less debits)?
- East Timor 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 East Timor?
- Over the last ten years it is down 153.1%. The long-run trend across the full record is volatile.
- Where does this East Timor 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.