Services balance (credit less debit), Net (credits less debits) in Timor-Leste
Timor-Leste: Services balance (credit less debit), Net (credits less debits) was -350.23 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Timor-Leste, 2006–2024
Source: International Monetary Fund.
Analysis
Timor-Leste recorded -350.23 million for services balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is down 7.1% on the previous year and up 7.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Timor-Leste peaked at -198.03 million in 2006 and was at its lowest, -1.39 billion, in 2011.
That places Timor-Leste 119th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Timor-Leste, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -198.03 million | — |
| 2007 | -262.75 million | +32.7% |
| 2008 | -445.84 million | +69.7% |
| 2009 | -773.25 million | +73.4% |
| 2010 | -967.50 million | +25.1% |
| 2011 | -1.39 billion | +43.8% |
| 2012 | -919.84 million | -33.9% |
| 2013 | -437.99 million | -52.4% |
| 2014 | -377.70 million | -13.8% |
| 2015 | -593.78 million | +57.2% |
| 2016 | -530.23 million | -10.7% |
| 2017 | -348.39 million | -34.3% |
| 2018 | -349.28 million | +0.3% |
| 2019 | -429.52 million | +23.0% |
| 2020 | -806.05 million | +87.7% |
| 2021 | -521.33 million | -35.3% |
| 2022 | -440.08 million | -15.6% |
| 2023 | -326.96 million | -25.7% |
| 2024 | -350.23 million | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -419.97 million | -773.25 million | -198.03 million | 4 |
| 2010s | -634.52 million | -1.39 billion | -348.39 million | 10 |
| 2020s | -488.93 million | -806.05 million | -326.96 million | 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 services balance (credit less debit), net (credits less debits) in Timor-Leste?
- Services balance (credit less debit), net (credits less debits) in Timor-Leste was -350.23 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Timor-Leste?
- The highest recorded value was -198.03 million in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Timor-Leste?
- The lowest recorded value was -1.39 billion in 2011.
- How does Timor-Leste rank for services balance (credit less debit), net (credits less debits)?
- Timor-Leste ranks 119th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Timor-Leste?
- Over the last ten years it is up 7.3%. 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 Services 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.