Services value added — all countries

Services value added — Timor-Leste

Services value added in Timor-Leste in 2024 — 1,336,345,100 US$. Ranked 169 in the world out of 188. Since 2000, the indicator has risen by 612.5%.

2024 1.34B US$ +5.34% vs 2023
World rank 169of 188
Period maximum 1.34B US$2024
Period minimum 188M US$2000

Trend over time

2000–2024 · US$

Services value added — Timor-Leste, 2000–20240500M1B1.5B2000200320062009201220152018202120242000: 187,558,200 US$2001: 283,933,800 US$2002: 273,905,000 US$2003: 291,243,200 US$2004: 265,216,700 US$2005: 291,982,900 US$2006: 286,248,100 US$2007: 341,641,200 US$2008: 404,873,700 US$2009: 490,571,100 US$2010: 607,881,600 US$2011: 698,193,100 US$2012: 802,246,900 US$2013: 857,889,800 US$2014: 919,001,000 US$2015: 1,013,476,200 US$2016: 1,086,619,600 US$2017: 1,094,257,500 US$2018: 1,066,358,800 US$2019: 1,122,674,900 US$2020: 1,045,158,600 US$2021: 1,103,796,800 US$2022: 1,165,418,400 US$2023: 1,268,643,200 US$2024: 1,336,345,100 US$
Change over the period: +1.15B (+612.5%) Average annual rate: 8.53 %

Comparison, 2024

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

Timor-Leste 1.34B US$
World 70.69T US$
South-Eastern Asia computed 2.12T US$
Lower-middle-income countries computed 4.22T US$
Services value added — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year US$ Change Change, %
2024 1.34B +67.7M +5.34%
2023 1.27B +103M +8.86%
2022 1.17B +61.62M +5.58%
2021 1.1B +58.64M +5.61%
2020 1.05B −77.52M −6.9%
2019 1.12B +56.32M +5.28%
2018 1.07B −27.9M −2.55%
2017 1.09B +7.64M +0.7%
2016 1.09B +73.14M +7.22%
2015 1.01B +94.48M +10.28%
2014 919M +61.11M +7.12%
2013 858M +55.64M +6.94%
2012 802M +104M +14.9%
2011 698M +90.31M +14.86%
2010 608M +117M +23.91%
2009 491M +85.7M +21.17%
2008 405M +63.23M +18.51%
2007 342M +55.39M +19.35%
2006 286M −5.73M −1.96%
2005 292M +26.77M +10.09%
2004 265M −26.03M −8.94%
2003 291M +17.34M +6.33%
2002 274M −10.03M −3.53%
2001 284M +96.38M +51.38%
2000 188M

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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