Timor-Leste's public and publicly guaranteed debt service (% of exports of goods, services and primary income) was 2.85% in 2024, the latest year in the World Bank's World Development Indicators. That is up 2.84 percentage points from 0.00785% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.85% | 2024 |
| Five years earlier | 0.43% | 2019 |
| Ten years earlier | 0.00785% | 2014 |
| Highest | 2.85% | 2024 |
| Lowest | 0.00137% | 2013 |
| Average since 2015 | 0.73% | 2015–2024 |
| First recorded | 0.00137% | 2013 |
What the numbers say
In 2024, Timor-Leste's public and publicly guaranteed debt service (% of exports of goods, services and primary income) rose 0.97 percentage points on 2023 (from 1.88% to 2.85%).
Across the 10 yearly changes before that (2014 to 2023), the average change was +0.19 percentage points and a typical year strayed about 0.36 percentage points from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 1.12 percentage points in 2023 and the biggest yearly fall was 0.1 percentage points in 2021. 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 0.25 percentage points a year. A straight line explains 66% 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 87th highest value of the 101 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.
| Value | Year | |
|---|---|---|
| Timor-Leste | 2.85% | 2024 |
| Lower middle income | 7.76% | 2024 |
Closest to Timor-Leste in the 2024 ranking
What this measures
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 12 values
| Year | Public and publicly guaranteed debt service (% of exports of goods, services and primary income) |
|---|---|
| 2024 | 2.85 |
| 2023 | 1.88 |
| 2022 | 0.7528 |
| 2021 | 0.3074 |
| 2020 | 0.4105 |
| 2019 | 0.426 |
| 2018 | 0.3137 |
| 2017 | 0.1971 |
| 2016 | 0.1227 |
| 2015 | 0.0216 |
Public and publicly guaranteed debt service (% of exports of goods, services and primary income) in nearby economies
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 public and publicly guaranteed debt service (% of exports of goods, services and primary income)?
- 2.85% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2013?
- It is up 2.85 percentage points from 0.00137% in 2013. The highest value was 2.85% in 2024 and the lowest 0.00137% in 2013.
- How does Timor-Leste rank?
- 87th highest of 101 economies with data for 2024.
- Is the latest change in public and publicly guaranteed debt service (% of exports of goods, services and primary income) unusual for Timor-Leste?
Source
World Bank, World Development Indicators, indicator DT.TDS.DPPG.XP.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics 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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