Gross value added at basic prices (GVA) in East Timor

East Timor: Gross value added at basic prices (GVA) was 1.62 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
1.62 billion constant 2015 US$
Change on year
down 9.5%
World rank
177th
of 193 countries
All-time high
2.74 billion constant 2015 US$
in 2021
All-time low
827.61 million constant 2015 US$
in 2000
Years of data
25
2000–2024

Gross value added at basic prices (GVA) in East Timor, 2000–2024

1.0B1.5B2.0B2.5B2000201220242000: 827.6M constant 2015 US$2001: 961.1M constant 2015 US$2002: 892.2M constant 2015 US$2003: 869.2M constant 2015 US$2004: 876.0M constant 2015 US$2005: 902.2M constant 2015 US$2006: 875.3M constant 2015 US$2007: 955.7M constant 2015 US$2008: 1.1B constant 2015 US$2009: 1.2B constant 2015 US$2010: 1.3B constant 2015 US$2011: 1.3B constant 2015 US$2012: 1.4B constant 2015 US$2013: 1.5B constant 2015 US$2014: 1.5B constant 2015 US$2015: 1.6B constant 2015 US$2016: 1.7B constant 2015 US$2017: 1.6B constant 2015 US$2018: 1.6B constant 2015 US$2019: 2.0B constant 2015 US$2020: 2.6B constant 2015 US$2021: 2.7B constant 2015 US$2022: 2.2B constant 2015 US$2023: 1.8B constant 2015 US$2024: 1.6B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

East Timor recorded 1.62 billion constant 2015 US$ for gross value added at basic prices (gva) in 2024.

Compared with earlier readings it is down 9.5% on the previous year and up 7.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in East Timor peaked at 2.74 billion constant 2015 US$ in 2021 and was at its lowest, 827.61 million constant 2015 US$, in 2000.

That places East Timor 177th out of 193 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 938.82 million constant 2015 US$ 827.61 million constant 2015 US$ 1.18 billion constant 2015 US$ 10
2010s 1.54 billion constant 2015 US$ 1.28 billion constant 2015 US$ 1.97 billion constant 2015 US$ 10
2020s 2.18 billion constant 2015 US$ 1.62 billion constant 2015 US$ 2.74 billion constant 2015 US$ 5

Countries ranked near East Timor

  1. 174 Seychelles 1.78 billion constant 2015 US$ compare
  2. 175 Guinea-Bissau 1.73 billion constant 2015 US$ compare
  3. 176 Antigua and Barbuda 1.63 billion constant 2015 US$ compare
  4. 178 San Marino 1.61 billion constant 2015 US$ compare
  5. 179 Solomon Islands 1.45 billion constant 2015 US$ compare
  6. 180 Comoros 1.20 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for East Timor

All data for East Timor →

Frequently asked questions

What is gross value added at basic prices (gva) in East Timor?
Gross value added at basic prices (gva) in East Timor was 1.62 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in East Timor?
The highest recorded value was 2.74 billion constant 2015 US$ in 2021.
What is the lowest gross value added at basic prices (gva) recorded in East Timor?
The lowest recorded value was 827.61 million constant 2015 US$ in 2000.
How does East Timor rank for gross value added at basic prices (gva)?
East Timor ranks 177th out of 193 countries with data for 2024.
Is gross value added at basic prices (gva) rising or falling in East Timor?
Over the last ten years it is up 7.6%. The long-run trend across the full record is rising.
Where does this East Timor data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.