Net acquisition of financial assets in Timor-Leste
Timor-Leste: Net acquisition of financial assets was 6.1% in 2022. ◆ Volatile
Net acquisition of financial assets in Timor-Leste, 2010–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net acquisition of financial assets in Timor-Leste is 6.1%, measured in 2022.
The figure is up 281.6% on the previous year and down 97.4% over ten years.
Over the whole period, net acquisition of financial assets in Timor-Leste peaked at 238.5% in 2011 and was at its lowest, -51.7%, in 2016.
That places Timor-Leste 8th out of 134 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 186.4% | — |
| 2011 | 238.5% | +28.0% |
| 2012 | 234.0% | -1.9% |
| 2013 | 214.4% | -8.4% |
| 2014 | 93.3% | -56.5% |
| 2015 | 0.8% | -99.2% |
| 2016 | -51.7% | -6765.6% |
| 2017 | -10.9% | -78.9% |
| 2018 | -3.3% | -69.4% |
| 2019 | 16.7% | -599.6% |
| 2020 | -9.0% | -153.9% |
| 2021 | -3.4% | -62.5% |
| 2022 | 6.1% | -281.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 91.8% | -51.7% | 238.5% | 10 |
| 2020s | -2.1% | -9.0% | 6.1% | 3 |
Countries ranked near Timor-Leste
- 5 San Marino 7.8%
- 6 Macau, China 7.0% compare
- 7 Bahrain 6.7%
- 9 Seychelles 6.0%
- 10 Maldives 5.7% compare
- 11 Tonga 5.3% 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 net acquisition of financial assets in Timor-Leste?
- Net acquisition of financial assets in Timor-Leste was 6.1% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Timor-Leste?
- The highest recorded value was 238.5% in 2011.
- What is the lowest net acquisition of financial assets recorded in Timor-Leste?
- The lowest recorded value was -51.7% in 2016.
- How does Timor-Leste rank for net acquisition of financial assets?
- Timor-Leste ranks 8th out of 134 countries with data for 2022.
- Is net acquisition of financial assets rising or falling in Timor-Leste?
- Over the last ten years it is down 97.4%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.