Timor-Leste's gross fixed capital formation, private sector (current LCU) was 132.96 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 12.23% from 118.47 million in 2014 (1.16% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 132.96 million | 2024 |
| Five years earlier | 105.26 million | 2019 |
| Ten years earlier | 118.47 million | 2014 |
| Highest | 346.79 million | 2021 |
| Lowest | 17.71 million | 2006 |
| Average since 2015 | 132.83 million | 2015–2024 |
| First recorded | 32.34 million |
What the numbers say
In 2024, Timor-Leste's gross fixed capital formation, private sector (current LCU) rose 29.4% on 2023 (from 102.78 million to 132.96 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was +17.8% and a typical year strayed about 60.5% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 227.2% in 2021 and the biggest yearly fall was 74.8% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Timor-Leste had the 14th highest value of the 13 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Timor-Leste in the 2024 ranking
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.
All 25 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2024 | 132,956,700 |
| 2023 | 102,784,800 |
| 2022 | 87,327,400 |
| 2021 | 346,790,100 |
| 2020 | 105,976,800 |
| 2019 | 105,261,600 |
| 2018 | 68,108,000 |
| 2017 | 139,199,200 |
| 2016 | 122,508,600 |
| 2015 | 117,338,800 |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- American Samoa — 53 million (2022)
- Australia — 565.23 billion (2025)
- Brunei Darussalam — 5.03 billion (2025)
- China — 43.34 trillion (2023)
- Guam — 2.01 billion (2022)
- Hong Kong SAR, China — 365.65 billion (2025)
- Korea, Rep. — 635.16 trillion (2025)
- Lao PDR — 27.34 trillion (2016)
- Macao SAR, China
More economic policy & debt data for Timor-Leste
- Short-term debt (% of total external debt) — 0.43% (2024)
- IFC, private nonguaranteed (NFL, current US$) — −US$750,000 (2024)
- Adjusted savings, education expenditure (% of GNI) — 3.19% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Grants, excluding technical cooperation (BoP, current US$) — US$221.69 million (2023)
- Net official development assistance and official aid received (current US$) — US$259.94 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$259.94 million (2023)
- Net official development assistance received (current US$) — US$259.94 million (2023)
Reading data like this
Questions people ask
- What is Timor-Leste's gross fixed capital formation, private sector (current LCU)?
- 132.96 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 311.08% from 32.34 million in 2000 (6.07% a year on average, compounded). The highest value was 346.79 million in 2021 and the lowest 17.71 million in 2006.
- How does Timor-Leste rank?
- 14th highest of 13 economies with data for 2024.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for Timor-Leste?
- In 2024, Timor-Leste's gross fixed capital formation, private sector (current LCU) rose 29.4% on 2023 (from 102.78 million to 132.96 million). Across the 23 yearly changes before that (2001 to 2023), the average change was +17.8% and a typical year strayed about 60.5% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FPRV.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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