Net incurrence of liabilities, total (% of GDP) in East Timor
East Timor: Net incurrence of liabilities, total (% of GDP) was -1.9% 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 % of GDP.
Analysis
In 2022, net incurrence of liabilities, total in East Timor stood at -1.9%. That is the lowest value across all 8 years on record.
Compared with earlier readings it is down 489.1% on the previous year and down 995.6% over ten years.
Over the whole period, net incurrence of liabilities, total in East Timor peaked at 2.6% in 2018 and was at its lowest, -1.9%, in 2022.
That places East Timor 133rd out of 136 countries with data for 2022, putting it in the bottom quarter.
Net incurrence of liabilities, total (% of GDP) in East Timor, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 0.2% | — |
| 2016 | 1.9% | +830.9% |
| 2017 | 2.0% | +5.0% |
| 2018 | 2.6% | +28.8% |
| 2019 | 2.4% | -8.5% |
| 2020 | 1.4% | -40.8% |
| 2021 | 0.5% | -66.3% |
| 2022 | -1.9% | -489.1% |
East Timor compared with similar countries
- East Timor's -1.9% is below the median for lower middle income countries, which is 2.9%. (34 countries reporting)
- East Timor's -1.9% is below the median for East Asia & Pacific, which is 2.0%. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.8% | 0.2% | 2.6% | 5 |
| 2020s | 0.0% | -1.9% | 1.4% | 3 |
Countries ranked near East Timor
- 130 Saint Kitts and Nevis -1.0% compare
- 131 Seychelles -1.2%
- 132 Luxembourg -1.3%
- 134 Nauru -2.0% compare
- 135 Samoa -2.4% compare
- 136 Kiribati -2.9% compare
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 -1.9% 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 2.6% in 2018.
- What is the lowest net incurrence of liabilities, total recorded in East Timor?
- The lowest recorded value was -1.9% in 2022.
- How does East Timor rank for net incurrence of liabilities, total?
- East Timor ranks 133rd 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 995.6%. 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 (% of GDP). 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 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.