Timor-Leste's net secondary income (net current transfers from abroad) (current LCU) was 224.71 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 72.59% from 130.2 million in 2014 (5.61% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 224.71 million | 2024 |
| Five years earlier | 122.99 million | 2019 |
| Ten years earlier | 130.2 million | 2014 |
| Highest | 535.49 million | 2001 |
| Lowest | -31.07 million | 2018 |
| Average since 2015 | 112.53 million | 2015–2024 |
| First recorded | 363.89 million |
What the numbers say
In 2024, Timor-Leste's net secondary income (net current transfers from abroad) (current LCU) rose 68.68 million on 2023 (from 156.03 million to 224.71 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was −9.04 million and a typical year strayed about 89.61 million from that (the standard deviation). This year's change was 0.9 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 171.6 million in 2001 and the biggest yearly fall was 162.55 million in 2014. 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 the straight-line trend is upward, about 25.24 million a year. A straight line explains 67% of the movement over 10 observed years.
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 25th highest value of the 54 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
- Latvia — 22nd of 54: 849.88 million
- Faroe Islands — 23rd of 54: 485.6 million
- Tonga — 24th of 54: 468.46 million
- Estonia — 26th of 54: 174.4 million
- Lithuania — 27th of 54: 170.05 million
- Marshall Islands — 28th of 54: 124.43 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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 | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2024 | 224,708,200 |
| 2023 | 156,026,500 |
| 2022 | 197,336,100 |
| 2021 | 208,960,100 |
| 2020 | 165,207,900 |
| 2019 | 122,992,100 |
| 2018 | -31,071,200 |
| 2017 | -11,722,800 |
| 2016 | 39,241,100 |
| 2015 | 53,586,500 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Australia — -521 million (2025)
- Brunei Darussalam — -939.28 million (2025)
- Cambodia — 9.94 trillion (2025)
- China — 157.71 billion (2025)
- Fiji — 1.13 billion (2025)
- French Polynesia — 65.57 billion (2024)
- Hong Kong SAR, China — -23.47 billion (2025)
- Indonesia — 110.72 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
Questions people ask
- What is Timor-Leste's net secondary income (net current transfers from abroad) (current LCU)?
- 224.71 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 38.25% from 363.89 million in 2000 (1.99% a year on average, compounded). The highest value was 535.49 million in 2001 and the lowest -31.07 million in 2018.
- How does Timor-Leste rank?
- 25th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Timor-Leste?
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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