[ Nominal GDP in billions of USD ]
Year -
$1.87 billions
Timor-Leste GDP expanded from 1990 to 2024, increasing from $0.13 billion to $1.87 billion.The compound annual growth rate (CAGR) averaged 8.16% over the period. The economy recorded its peak level in 2021 and its lowest level in 1990. Growth volatility remained high. The maximum drawdown reached 48.48%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 1.87 Billions | $ 6.19 Int Billions |
| Growth (YoY) | -10.297% | -6.903% |
| Net Change vs Previous Year | $ -0.21 Billion | $ -0.46 Int Billion |
| % of World GDP | 0.00% | 0.00% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 0.13 | - | - | 0.52 | - | - |
| 1991 | 0.15 | 0.02 | 15.212 % | 0.6 | 0.08 | 14.458 % |
| 1992 | 0.19 | 0.04 | 27.2 % | 0.67 | 0.08 | 12.977 % |
| 1993 | 0.22 | 0.03 | 15.447 % | 0.76 | 0.09 | 12.817 % |
| 1994 | 0.24 | 0.02 | 10.2 % | 0.83 | 0.07 | 9.41 % |
| 1995 | 0.26 | 0.02 | 9.948 % | 0.91 | 0.07 | 8.918 % |
| 1996 | 0.31 | 0.04 | 16.794 % | 1 | 0.09 | 9.959 % |
| 1997 | 0.32 | 0.01 | 4.24 % | 1.05 | 0.06 | 5.793 % |
| 1998 | 0.33 | 0.01 | 1.799 % | 1.04 | -0.01 | -0.899 % |
| 1999 | 0.23 | -0.1 | -30.815 % | 0.68 | -0.36 | -34.539 % |
| 2000 | 0.37 | 0.14 | 62.819 % | 1.11 | 0.42 | 61.659 % |
| 2001 | 0.48 | 0.11 | 30.097 % | 1.31 | 0.21 | 18.967 % |
| 2002 | 0.47 | -0.01 | -1.656 % | 1.25 | -0.07 | -5.251 % |
| 2003 | 0.49 | 0.02 | 4.47 % | 1.24 | 0 | -0.251 % |
| 2004 | 0.44 | -0.05 | -10.127 % | 1.28 | 0.04 | 3.1 % |
| 2005 | 0.46 | 0.02 | 4.877 % | 1.36 | 0.08 | 6.214 % |
| 2006 | 0.45 | -0.01 | -1.833 % | 1.34 | -0.02 | -1.159 % |
| 2007 | 0.54 | 0.09 | 19.613 % | 1.52 | 0.18 | 13.253 % |
| 2008 | 0.65 | 0.11 | 19.478 % | 1.73 | 0.21 | 13.541 % |
| 2009 | 0.73 | 0.08 | 12.091 % | 1.92 | 0.19 | 10.826 % |
| 2010 | 0.88 | 0.15 | 21.318 % | 2.12 | 0.2 | 10.66 % |
| 2011 | 1.04 | 0.16 | 18.213 % | 2.29 | 0.17 | 8.145 % |
| 2012 | 1.16 | 0.12 | 11.321 % | 2.71 | 0.41 | 18.065 % |
| 2013 | 1.4 | 0.24 | 20.264 % | 2.97 | 0.27 | 9.795 % |
| 2014 | 1.45 | 0.05 | 3.712 % | 3.38 | 0.41 | 13.683 % |
| 2015 | 1.59 | 0.14 | 9.861 % | 3.75 | 0.36 | 10.797 % |
| 2016 | 1.64 | 0.05 | 3.156 % | 4.16 | 0.42 | 11.212 % |
| 2017 | 1.58 | -0.06 | -3.388 % | 4.33 | 0.17 | 4.079 % |
| 2018 | 1.56 | -0.03 | -1.823 % | 4.54 | 0.21 | 4.828 % |
| 2019 | 2.03 | 0.48 | 30.628 % | 5.93 | 1.38 | 30.454 % |
| 2020 | 2.16 | 0.13 | 6.399 % | 8.13 | 2.2 | 37.173 % |
| 2021 | 3.63 | 1.46 | 67.622 % | 9.21 | 1.08 | 13.322 % |
| 2022 | 3.21 | -0.42 | -11.487 % | 7.85 | -1.37 | -14.856 % |
| 2023 | 2.08 | -1.13 | -35.181 % | 6.65 | -1.19 | -15.19 % |
| 2024 | 1.87 | -0.21 | -10.297 % | 6.19 | -0.46 | -6.903 % |
Between 1990 to 2024, Timor-Leste experienced the following economic phases:
The most remarkable growth occurred in 2021 with an increase of 67.622%, while the largest decline was in 2023 at -35.181%.