HistoryData

Current Account Balance: Timor-Leste

Timor-Leste's current account balance is currently -32.3 % of GDP as of 2026. # Timor-Leste Current Account Balance Timor-Leste's current account balance stands at -32.

Current (2026)
-32.3 % of GDP
-3.9% y/y
Peak (2008)
314.9 % of GDP
Low (2016)
-33.2 % of GDP
Source
IMF World Economic Outlook
20002026 · 31 pts

Current Account BalanceTimor-Leste

20002026

Current Account Balance — Timor-Leste
-33.9% of GDP53.3% of GDP140.5% of GDP227.7% of GDP314.9% of GDP2000201020202030PeakLow
Analysis# Timor-Leste Current Account Balance Timor-Leste's current account balance stands at -32.3% of GDP in 2026, marking a sharp deterioration from the country's all-time peak of 314.9% in 2008. The current deficit sits near the historical low of -33.2% recorded in 2016. Since 2000, the metric has collapsed by 687.8 percentage points, reflecting a fundamental shift in the nation's external economic position over two and a half decades. The most dramatic reversal occurred between 2021 and 2022, when the surplus plummeted from 46.8% to 12.7% of GDP. Since then, the balance has swung decisively negative, declining from -8.5% in 2023 to projected deficits exceeding 30% in both 2025 and 2026. This accelerating downward trend suggests deepening external imbalances and growing reliance on foreign financing to sustain current spending levels.

Historical Data

31 Rows
YearValueChange %
2030-33.9 % of GDP-0.59%
2029-33.7 % of GDP-1.20%
2028-33.3 % of GDP-1.83%
2027-32.7 % of GDP-1.24%
2026-32.3 % of GDP-3.86%
2025-31.1 % of GDP-11.07%
2024-28 % of GDP-229.41%
2023-8.5 % of GDP-166.93%
202212.7 % of GDP-72.86%
202146.8 % of GDP+96.64%
202023.8 % of GDP+8.68%
201921.9 % of GDP+278.05%
2018-12.3 % of GDP+31.28%
2017-17.9 % of GDP+46.08%
2016-33.2 % of GDP-359.38%
201512.8 % of GDP-83.07%
201475.6 % of GDP-55.89%
2013171.4 % of GDP-24.89%
2012228.2 % of GDP+7.19%
2011212.9 % of GDP+18.15%
Show all 31 rows
YearValueChange %
2010180.2 % of GDP+9.54%
2009164.5 % of GDP-47.76%
2008314.9 % of GDP+46.40%
2007215.1 % of GDP+79.55%
2006119.8 % of GDP+111.29%
200556.7 % of GDP+280.54%
200414.9 % of GDP+265.56%
2003-9 % of GDP+0.00%
2002-9 % of GDP-36.36%
2001-6.6 % of GDP-60.98%
2000-4.1 % of GDP

Related Data

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Demographics

People & population data

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