Net lending (+) / net borrowing (-) in Timor-Leste
Timor-Leste: Net lending (+) / net borrowing (-) was 1.6% in 2022. ◆ Volatile
Net lending (+) / net borrowing (-) in Timor-Leste, 2010–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, net lending (+) / net borrowing (-) in Timor-Leste stood at 1.6%.
That represents a change of up 123.3% on the previous year and down 99.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Timor-Leste peaked at 238.5% in 2011 and was at its lowest, -52.8%, in 2016.
Timor-Leste ranks 21st of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Timor-Leste, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 186.4% | — |
| 2011 | 238.5% | +28.0% |
| 2012 | 234.0% | -1.9% |
| 2013 | 169.9% | -27.4% |
| 2014 | 64.9% | -61.8% |
| 2015 | 8.1% | -87.5% |
| 2016 | -52.8% | -753.1% |
| 2017 | -12.3% | -76.8% |
| 2018 | -2.8% | -77.0% |
| 2019 | 5.7% | -303.3% |
| 2020 | -13.4% | -333.7% |
| 2021 | -6.8% | -49.2% |
| 2022 | 1.6% | -123.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 84.0% | -52.8% | 238.5% | 10 |
| 2020s | -6.2% | -13.4% | 1.6% | 3 |
Countries ranked near Timor-Leste
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)
- Interest payments 0.1% (2022)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Timor-Leste?
- Net lending (+) / net borrowing (-) in Timor-Leste was 1.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Timor-Leste?
- The highest recorded value was 238.5% in 2011.
- What is the lowest net lending (+) / net borrowing (-) recorded in Timor-Leste?
- The lowest recorded value was -52.8% in 2016.
- How does Timor-Leste rank for net lending (+) / net borrowing (-)?
- Timor-Leste ranks 21st out of 156 countries with data for 2022.
- Is net lending (+) / net borrowing (-) rising or falling in Timor-Leste?
- Over the last ten years it is down 99.3%. 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.