Private credit by deposit money banks to GDP in Timor-Leste
Timor-Leste: Private credit by deposit money banks to GDP was 15.3% in 2021. ▬ Flat
Private credit by deposit money banks to GDP in Timor-Leste, 2002–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Timor-Leste stood at 15.3%.
That represents a change of up 1.3% on the previous year and up 21.1% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Timor-Leste peaked at 24.6% in 2006 and was at its lowest, 1.4%, in 2002.
That places Timor-Leste 159th out of 187 countries with data for 2021, putting it in the bottom quarter.
Private credit by deposit money banks to GDP in Timor-Leste, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 1.4% | — |
| 2003 | 5.3% | +292.5% |
| 2004 | 20.0% | +275.2% |
| 2005 | 22.9% | +14.3% |
| 2006 | 24.6% | +7.2% |
| 2007 | 18.5% | -24.6% |
| 2008 | 15.8% | -14.7% |
| 2009 | 14.2% | -10.0% |
| 2010 | 12.4% | -12.8% |
| 2011 | 12.7% | +2.1% |
| 2012 | 13.4% | +6.0% |
| 2013 | 12.8% | -5.0% |
| 2014 | 12.9% | +0.8% |
| 2015 | 13.0% | +1.3% |
| 2016 | 12.3% | -5.4% |
| 2017 | 15.8% | +28.6% |
| 2018 | 15.5% | -1.9% |
| 2019 | 12.7% | -18.5% |
| 2020 | 15.1% | +19.5% |
| 2021 | 15.3% | +1.3% |
Timor-Leste compared with similar countries
- Timor-Leste's 15.3% is below the median for lower middle income countries, which is 22.2%, 69% of the median. (46 countries reporting)
- Timor-Leste's 15.3% is below the median for East Asia & Pacific, which is 71.8%, 21% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Timor-Leste changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +292.5% | 1.4% | 5.3% |
| 2004 | +275.2% | 5.3% | 20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.3% | 1.4% | 24.6% | 8 |
| 2010s | 13.4% | 12.3% | 15.8% | 10 |
| 2020s | 15.2% | 15.1% | 15.3% | 2 |
Countries ranked near Timor-Leste
More financial sector data for Timor-Leste
- 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 private credit by deposit money banks to gdp in Timor-Leste?
- Private credit by deposit money banks to gdp in Timor-Leste was 15.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Timor-Leste?
- The highest recorded value was 24.6% in 2006.
- What is the lowest private credit by deposit money banks to gdp recorded in Timor-Leste?
- The lowest recorded value was 1.4% in 2002.
- How does Timor-Leste rank for private credit by deposit money banks to gdp?
- Timor-Leste ranks 159th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Timor-Leste?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is flat.
- Where does this Timor-Leste data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).