Home Timor-Leste Economy & Growth Gross Savings

Timor-Leste Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

-21.13% −12.64% (-149.0%)
Year 2024 Rank #172 Global Peak 372.98% (2008) Source World Bank

Timor-Leste Gross Savings (2006–2024)

Overview

Timor-Leste's gross savings stood at -21.13% in 2024, a decline of +12.64% from 2023. Timor-Leste ranked 172nd globally.

Data & projection

Year Gross Savings YoY change Rank
2024 -21.13% −12.64% #172
2023 -8.48% −32.10% #177
2022 23.62% −19.10% #82
2021 42.72% +22.13% #9
2020 20.58% −24.11% #98
2019 44.69% +30.20% #7
2018 14.49% −5.94% #147
2017 20.43% −0.71% #107
2016 21.14% −47.47% #95
2015 68.61% −37.33% #1
2014 105.94% −77.75% #1
2013 183.69% −71.41% #1
2012 255.10% −77.82% #1
2011 332.92% +75.62% #1
2010 257.30% +38.53% #1
Show all years (2006-2024)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +42.4% GDP growth 5.4% C/A balance 54.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Timor-Leste matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Timor-Leste's gross savings?

Timor-Leste's gross savings was -21.13% in 2024. Ranked 172nd globally. This represents a 149.0% decrease from the previous year.

What was the highest gross savings in Timor-Leste?

Timor-Leste's gross savings peaked at 372.98% in 2008.

What was the lowest gross savings in Timor-Leste?

The lowest gross savings in Timor-Leste was -21.13% in 2024.

How does Timor-Leste rank in gross savings?

Timor-Leste ranks 172nd globally in gross savings as of 2024.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of Timor-Leste in 2024?

The gross savings of Timor-Leste in 2024 was -21.13%. This ranks 172nd in the world.

Cite this page

APA
Timor-Leste Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/timor-leste/gross-savings
BibTeX
@misc{historysaid_timor-leste_gross-savings, title = {Timor-Leste Gross Savings}, url = {https://historysaid.com/timor-leste/gross-savings}, publisher = {HistorySaid}, year = {2026} }