Goods and services expense in Timor-Leste
Timor-Leste: Goods and services expense was 28.3% in 2022. ▼ Falling
Goods and services expense in Timor-Leste, 2010–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Timor-Leste is 28.3%, measured in 2022. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 25.9% on the previous year and down 41.4% over ten years.
Over the whole period, goods and services expense in Timor-Leste peaked at 51.6% in 2011 and was at its lowest, 28.3%, in 2022.
That places Timor-Leste 19th out of 154 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Goods and services expense in Timor-Leste, year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 49.2% | — |
| 2011 | 51.6% | +4.8% |
| 2012 | 48.3% | -6.4% |
| 2013 | 50.7% | +4.9% |
| 2014 | 48.9% | -3.6% |
| 2015 | 40.7% | -16.7% |
| 2016 | 41.4% | +1.8% |
| 2017 | 32.5% | -21.6% |
| 2018 | 44.1% | +35.8% |
| 2019 | 43.9% | -0.4% |
| 2020 | 46.2% | +5.3% |
| 2021 | 38.2% | -17.4% |
| 2022 | 28.3% | -25.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 45.1% | 32.5% | 51.6% | 10 |
| 2020s | 37.6% | 28.3% | 46.2% | 3 |
Countries ranked near Timor-Leste
- 16 United Arab Emirates 28.9% compare
- 17 Botswana 28.4% compare
- 18 Saint Kitts and Nevis 28.3% compare
- 20 Seychelles 27.9%
- 21 Singapore 27.9% compare
- 22 Rwanda 27.8% compare
More public sector data for Timor-Leste
- Military expenditure (current USD), per capita 33.13 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0249 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -15.81 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 46.40 million current USD (2024)
- Military expenditure (current USD), per square kilometre 3,706 current USD per square kilometre (2023)
- Tax revenue 21.6% (2022)
- Taxes on income, profits and capital gains 30.2% (2022)
- Taxes on goods and services 5.4% (2022)
- Net investment in nonfinancial assets 4.4% (2022)
- Net lending (+) / net borrowing (-) 1.6% (2022)
Frequently asked questions
- What is goods and services expense in Timor-Leste?
- Goods and services expense in Timor-Leste was 28.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Timor-Leste?
- The highest recorded value was 51.6% in 2011.
- What is the lowest goods and services expense recorded in Timor-Leste?
- The lowest recorded value was 28.3% in 2022.
- How does Timor-Leste rank for goods and services expense?
- Timor-Leste ranks 19th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Timor-Leste?
- Over the last ten years it is down 41.4%. The long-run trend across the full record is falling.
- Where does this Timor-Leste data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.