Net incurrence of liabilities, total (current LCU) in East Timor
East Timor: Net incurrence of liabilities, total (current LCU) was -59.55 million current LCU in 2022. ◆ Volatile
Net incurrence of liabilities, total in East Timor, 2014–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in East Timor is -59.55 million current LCU, measured in 2022. That is the lowest value across all 8 years on record.
The figure is down 444.4% on the previous year and down 2,085.1% over ten years.
Over the whole period, net incurrence of liabilities, total in East Timor peaked at 48.51 million current LCU in 2019 and was at its lowest, -59.55 million current LCU, in 2022.
East Timor ranks 128th of 136 countries on this measure, in the bottom quarter.
Net incurrence of liabilities, total (current LCU) in East Timor, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 3.00 million current LCU | — |
| 2016 | 31.65 million current LCU | +954.9% |
| 2017 | 32.10 million current LCU | +1.4% |
| 2018 | 40.60 million current LCU | +26.5% |
| 2019 | 48.51 million current LCU | +19.5% |
| 2020 | 30.58 million current LCU | -37.0% |
| 2021 | 17.29 million current LCU | -43.5% |
| 2022 | -59.55 million current LCU | -444.4% |
East Timor compared with similar countries
- East Timor's -59.55 million current LCU is below the median for lower middle income countries, which is 47.21 billion current LCU. (34 countries reporting)
- East Timor's -59.55 million current LCU is below the median for East Asia & Pacific, which is 3.15 billion current LCU. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31.17 million current LCU | 3.00 million current LCU | 48.51 million current LCU | 5 |
| 2020s | -3.90 million current LCU | -59.55 million current LCU | 30.58 million current LCU | 3 |
Countries ranked near East Timor
- 125 Kiribati -12.76 million current LCU compare
- 126 Saint Lucia -23.24 million current LCU
- 127 Saint Kitts and Nevis -24.10 million current LCU compare
- 129 Samoa -69.71 million current LCU compare
- 130 Seychelles -112.03 million current LCU
- 131 Luxembourg -187.28 million current LCU
More public sector data for East Timor
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in East Timor?
- Net incurrence of liabilities, total in East Timor was -59.55 million current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in East Timor?
- The highest recorded value was 48.51 million current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in East Timor?
- The lowest recorded value was -59.55 million current LCU in 2022.
- How does East Timor rank for net incurrence of liabilities, total?
- East Timor ranks 128th out of 136 countries with data for 2022.
- Is net incurrence of liabilities, total rising or falling in East Timor?
- Over the last ten years it is down 2,085.1%. The long-run trend across the full record is volatile.
- Where does this East Timor data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.