Budget balance — all countries

Budget balance — Timor-Leste

Budget balance in Timor-Leste in 2031 — -51.7%. Ranked 188 in the world out of 188. Since 2001, the indicator has fallen by 54.9 pp.

2031 -51.7% −0.2 pp vs 2030
World rank 188of 188
Period maximum 41%2006
Period minimum -55.7%2016

Trend over time

2001–2031 · % of GDP

Budget balance — Timor-Leste, 2001–2031-75-50-2502550200120042007201020132016201920222025202820312001: 3.2%2002: -7.6%2003: -8.2%2004: -7.5%2005: -10.5%2006: 41%2007: -29.9%2008: -18.6%2009: -17.2%2010: -19.8%2011: -25.4%2012: -38.7%2013: -14.4%2014: -37.5%2015: -33.2%2016: -55.7%2017: -33.8%2018: -26.9%2019: -25.4%2020: -18.9%2021: -20.1%2022: -29.5%2023: -34.7%2024: -47%2025: -48%2026: -51.6%2027: -50.6%2028: -51%2029: -51.3%2030: -51.5%2031: -51.7%
Change over the period: −54.9 pp Annual average: -1.83 pp

Comparison, 2031

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

Timor-Leste -51.7%
World computed -4.85%
East Asia & Pacific computed -5.66%
South-Eastern Asia computed -1.82%
Budget balance — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year % Change, pp
2031 -51.7 −0.2 pp
2030 -51.5 −0.2 pp
2029 -51.3 −0.3 pp
2028 -51 −0.4 pp
2027 -50.6 +1 pp
2026 -51.6 −3.6 pp
2025 -48 −1 pp
2024 -47 −12.3 pp
2023 -34.7 −5.2 pp
2022 -29.5 −9.4 pp
2021 -20.1 −1.2 pp
2020 -18.9 +6.5 pp
2019 -25.4 +1.5 pp
2018 -26.9 +6.9 pp
2017 -33.8 +21.9 pp
2016 -55.7 −22.5 pp
2015 -33.2 +4.3 pp
2014 -37.5 −23.1 pp
2013 -14.4 +24.3 pp
2012 -38.7 −13.3 pp
2011 -25.4 −5.6 pp
2010 -19.8 −2.6 pp
2009 -17.2 +1.4 pp
2008 -18.6 +11.3 pp
2007 -29.9 −70.9 pp
2006 41 +51.5 pp
2005 -10.5 −3 pp
2004 -7.5 +0.7 pp
2003 -8.2 −0.6 pp
2002 -7.6 −10.8 pp
2001 3.2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.