Gross national savings — all countries

Gross national savings — Timor-Leste

Gross national savings in Timor-Leste in 2024 — -21.1%. Ranked 146 in the world out of 146. Since 2006, the indicator has fallen by 180.4 pp.

2024 -21.1% −12.6 pp vs 2023
World rank 146of 146
Period maximum 373%2008
Period minimum -21.1%2024

Trend over time

2006–2024 · % of GDP

Gross national savings — Timor-Leste, 2006–2024-100010020030040020062008201020122014201620182020202220242006: 159.2%2007: 224%2008: 373%2009: 218.8%2010: 257.3%2011: 332.9%2012: 255.1%2013: 183.7%2014: 105.9%2015: 68.6%2016: 21.1%2017: 20.4%2018: 14.5%2019: 44.7%2020: 20.6%2021: 42.7%2022: 23.6%2023: -8.5%2024: -21.1%
Change over the period: −180.4 pp Annual average: -10.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Timor-Leste

Timor-Leste -21.1%
World 26.1%
South-Eastern Asia computed 32.6%
Gross national savings — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year % Change, pp
2024 -21.1 −12.6 pp
2023 -8.5 −32.1 pp
2022 23.6 −19.1 pp
2021 42.7 +22.1 pp
2020 20.6 −24.1 pp
2019 44.7 +30.2 pp
2018 14.5 −5.9 pp
2017 20.4 −0.7 pp
2016 21.1 −47.5 pp
2015 68.6 −37.3 pp
2014 105.9 −77.7 pp
2013 183.7 −71.4 pp
2012 255.1 −77.8 pp
2011 332.9 +75.6 pp
2010 257.3 +38.5 pp
2009 218.8 −154.2 pp
2008 373 +149 pp
2007 224 +64.7 pp
2006 159.2

South-Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.