Gross savings in East Timor

East Timor: Gross savings was -394.17 million current LCU in 2024. ◆ Volatile

Latest (2024)
-394.17 million current LCU
Change on year
down 123.4%
World rank
174th
of 177 countries
All-time high
3.47 billion current LCU
in 2011
All-time low
-394.17 million current LCU
in 2024
Years of data
19
2006–2024

Gross savings in East Timor, 2006–2024

01.0B2.0B3.0B2006201520242006: 722.6M current LCU2007: 1.2B current LCU2008: 2.4B current LCU2009: 1.6B current LCU2010: 2.3B current LCU2011: 3.5B current LCU2012: 3.0B current LCU2013: 2.6B current LCU2014: 1.5B current LCU2015: 1.1B current LCU2016: 346.8M current LCU2017: 323.9M current LCU2018: 225.5M current LCU2019: 908.4M current LCU2020: 445.1M current LCU2021: 1.5B current LCU2022: 757.7M current LCU2023: -176.5M current LCU2024: -394.2M current LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.

Analysis

In 2024, gross savings in East Timor stood at -394.17 million current LCU. That is the lowest value across all 19 years on record.

That represents a change of down 123.4% on the previous year and down 125.7% over ten years.

Over the whole period, gross savings in East Timor peaked at 3.47 billion current LCU in 2011 and was at its lowest, -394.17 million current LCU, in 2024.

East Timor ranks 174th of 177 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.49 billion current LCU 722.55 million current LCU 2.42 billion current LCU 4
2010s 1.57 billion current LCU 225.47 million current LCU 3.47 billion current LCU 10
2020s 436.13 million current LCU -394.17 million current LCU 1.55 billion current LCU 5

Countries ranked near East Timor

  1. 171 Kiribati 66.84 million current LCU compare
  2. 172 Venezuela 90.55 current LCU compare
  3. 173 Palau -35.86 million current LCU compare
  4. 175 Malawi -391.10 billion current LCU compare
  5. 176 Yemen -400.75 billion current LCU compare
  6. 177 Lebanon -216.19 trillion current LCU compare

See the full ranking of 177 places →

More economy & growth data for East Timor

All data for East Timor →

Frequently asked questions

What is gross savings in East Timor?
Gross savings in East Timor was -394.17 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in East Timor?
The highest recorded value was 3.47 billion current LCU in 2011.
What is the lowest gross savings recorded in East Timor?
The lowest recorded value was -394.17 million current LCU in 2024.
How does East Timor rank for gross savings?
East Timor ranks 174th out of 177 countries with data for 2024.
Is gross savings rising or falling in East Timor?
Over the last ten years it is down 125.7%. The long-run trend across the full record is volatile.
Where does this East Timor data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross savings (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.