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

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

Latest (2024)
1.62 billion constant LCU
Change on year
down 9.5%
World rank
189th
of 197 countries
All-time high
2.74 billion constant LCU
in 2021
All-time low
827.61 million constant LCU
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 LCU2001: 961.1M constant LCU2002: 892.2M constant LCU2003: 869.2M constant LCU2004: 876.0M constant LCU2005: 902.2M constant LCU2006: 875.3M constant LCU2007: 955.7M constant LCU2008: 1.1B constant LCU2009: 1.2B constant LCU2010: 1.3B constant LCU2011: 1.3B constant LCU2012: 1.4B constant LCU2013: 1.5B constant LCU2014: 1.5B constant LCU2015: 1.6B constant LCU2016: 1.7B constant LCU2017: 1.6B constant LCU2018: 1.6B constant LCU2019: 2.0B constant LCU2020: 2.6B constant LCU2021: 2.7B constant LCU2022: 2.2B constant LCU2023: 1.8B constant LCU2024: 1.6B constant LCU

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

Analysis

The most recent figure for gross value added at basic prices (gva) in East Timor is 1.62 billion constant LCU, measured in 2024.

The figure 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 LCU in 2021 and was at its lowest, 827.61 million constant LCU, in 2000.

That places East Timor 189th out of 197 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 LCU 827.61 million constant LCU 1.18 billion constant LCU 10
2010s 1.54 billion constant LCU 1.28 billion constant LCU 1.97 billion constant LCU 10
2020s 2.18 billion constant LCU 1.62 billion constant LCU 2.74 billion constant LCU 5

Countries ranked near East Timor

  1. 186 Samoa 2.19 billion constant LCU compare
  2. 187 Sint Maarten (Dutch part) 2.12 billion constant LCU compare
  3. 188 Saint Kitts and Nevis 2.07 billion constant LCU compare
  4. 190 Dominica 1.50 billion constant LCU compare
  5. 191 Turks and Caicos Islands 1.39 billion constant LCU compare
  6. 192 San Marino 1.31 billion constant LCU compare

See the full ranking of 197 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 LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in East Timor?
The highest recorded value was 2.74 billion constant LCU 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 LCU in 2000.
How does East Timor rank for gross value added at basic prices (gva)?
East Timor ranks 189th out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 8,338 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 varies by country. This series is expressed in local currency units.