Services share of GDP — all countries

Services share of GDP — Timor-Leste

Services share of GDP in Timor-Leste in 2024 — 71.6%. Ranked 23 in the world out of 189. Since 2000, the indicator has risen by 20.5 pp.

2024 71.6% +10.6 pp vs 2023
World rank 23of 189
Period maximum 71.6%2024
Period minimum 30.4%2021

Trend over time

2000–2024 · % of GDP

Services share of GDP — Timor-Leste, 2000–2024204060802000200320062009201220152018202120242000: 51.1%2001: 59.5%2002: 58.3%2003: 59.4%2004: 60.2%2005: 63.2%2006: 63.1%2007: 62.9%2008: 62.4%2009: 67.5%2010: 68.9%2011: 67%2012: 69.1%2013: 61.5%2014: 63.5%2015: 63.7%2016: 66.2%2017: 69%2018: 68.5%2019: 55.2%2020: 48.3%2021: 30.4%2022: 36.3%2023: 61%2024: 71.6%
Change over the period: +20.5 pp Annual average: 0.85 pp

Comparison, 2024

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

Timor-Leste 71.6%
World 63.3%
South-Eastern Asia computed 52.9%
Services share of GDP — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year % Change, pp
2024 71.6 +10.6 pp
2023 61 +24.7 pp
2022 36.3 +5.9 pp
2021 30.4 −17.9 pp
2020 48.3 −6.9 pp
2019 55.2 −13.3 pp
2018 68.5 −0.5 pp
2017 69 +2.8 pp
2016 66.2 +2.5 pp
2015 63.7 +0.2 pp
2014 63.5 +2 pp
2013 61.5 −7.7 pp
2012 69.1 +2.2 pp
2011 67 −2 pp
2010 68.9 +1.4 pp
2009 67.5 +5.1 pp
2008 62.4 −0.5 pp
2007 62.9 −0.1 pp
2006 63.1 −0.1 pp
2005 63.2 +3 pp
2004 60.2 +0.8 pp
2003 59.4 +1 pp
2002 58.3 −1.1 pp
2001 59.5 +8.4 pp
2000 51.1

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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