Timor-Leste: Gross national expenditure (constant LCU)

Key figures

What the numbers say

In 2024, Timor-Leste's gross national expenditure (constant LCU) rose 7.4% on 2023 (from 2.57 billion to 2.76 billion).

Across the 23 yearly changes before that (2001 to 2023), the average change was +2.4% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.4 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 25.4% in 2009 and the biggest yearly fall was 17.8% in 2003. 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 21% 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 28th highest value of the 31 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

• Tajikistan — 24th of 31: 5.48 billion
• Belize — 25th of 31: 5.42 billion
• Bermuda — 26th of 31: 4.97 billion
• Tonga — 28th of 31: 1.63 billion
• Kiribati — 29th of 31: 768.13 million
• Palau — 30th of 31: 377.48 million

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.

All 25 values

Gross national expenditure (constant LCU) in nearby economies

• Brunei Darussalam — 15.62 billion (2025)
• Cambodia — 162.63 trillion (2025)
• China — 127.4 trillion (2025)
• Indonesia — 12,729.4 trillion (2025)
• Japan — 578.5 trillion (2024)
• Kiribati — 768.13 million (2024)
• Korea, Rep. — 2,173.3 trillion (2025)
• Lao PDR — 124.62 trillion (2016)
• Macao SAR, China — 227.89 billion (2025)
• Malaysia — 1.68 trillion (2025)

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

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Questions people ask

What is Timor-Leste's gross national expenditure (constant LCU)?

2.76 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 60.46% from 1.72 billion in 2000 (1.99% a year on average, compounded). The highest value was 2.76 billion in 2024 and the lowest 1.29 billion in 2005.

How does Timor-Leste rank?

28th highest of 31 economies with data for 2024.

Is the latest change in gross national expenditure (constant LCU) unusual for Timor-Leste?

In 2024, Timor-Leste's gross national expenditure (constant LCU) rose 7.4% on 2023 (from 2.57 billion to 2.76 billion). Across the 23 yearly changes before that (2001 to 2023), the average change was +2.4% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.4 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.DAB.TOTL.KN, 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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